Atom Investors LP Boosts Stock Position in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Atom Investors LP increased its holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 40.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 338,152 shares of the company's stock after acquiring an additional 97,983 shares during the quarter. Atom Investors LP owned about 0.21% of Integral Ad Science worth $3,655,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of the business. nVerses Capital LLC purchased a new position in Integral Ad Science in the third quarter worth about $45,000. Quantbot Technologies LP purchased a new position in Integral Ad Science in the 3rd quarter worth approximately $106,000. XTX Topco Ltd purchased a new stake in Integral Ad Science during the 2nd quarter valued at $113,000. Edgestream Partners L.P. bought a new stake in shares of Integral Ad Science in the 2nd quarter worth $125,000. Finally, Stoneridge Investment Partners LLC purchased a new position in shares of Integral Ad Science in the third quarter worth $125,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Lisa Utzschneider sold 10,481 shares of the business's stock in a transaction on Monday, October 7th. The shares were sold at an average price of $10.11, for a total value of $105,962.91. Following the transaction, the chief executive officer now owns 239,709 shares of the company's stock, valued at approximately $2,423,457.99. The trade was a 4.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Tania Secor sold 6,643 shares of the firm's stock in a transaction on Friday, September 6th. The shares were sold at an average price of $11.24, for a total transaction of $74,667.32. Following the transaction, the chief financial officer now directly owns 251,366 shares of the company's stock, valued at $2,825,353.84. The trade was a 2.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 23,006 shares of company stock worth $240,296 over the last ninety days. Corporate insiders own 2.00% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Piper Sandler reduced their price objective on Integral Ad Science from $18.00 to $16.00 and set an "overweight" rating for the company in a report on Wednesday, November 13th. Barclays increased their price objective on shares of Integral Ad Science from $12.00 to $13.00 and gave the company an "equal weight" rating in a research report on Monday, August 5th. Benchmark reaffirmed a "hold" rating on shares of Integral Ad Science in a research report on Thursday, November 14th. Oppenheimer lowered their price target on Integral Ad Science from $20.00 to $18.00 and set an "outperform" rating on the stock in a report on Wednesday, November 13th. Finally, Craig Hallum reduced their price objective on Integral Ad Science from $18.00 to $16.00 and set a "buy" rating for the company in a research report on Wednesday, November 13th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Integral Ad Science currently has an average rating of "Moderate Buy" and an average target price of $15.70.

Integral Ad Science Stock Performance

Shares of NASDAQ:IAS traded up $0.36 during mid-day trading on Monday, reaching $11.54. 1,067,152 shares of the company traded hands, compared to its average volume of 1,370,252. Integral Ad Science Holding Corp. has a 52 week low of $7.98 and a 52 week high of $17.53. The firm has a market cap of $1.88 billion, a PE ratio of 57.55, a PEG ratio of 1.54 and a beta of 1.52. The company's 50 day moving average price is $11.09 and its 200-day moving average price is $10.59. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The company reported $0.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.08 by $0.02. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The firm had revenue of $133.50 million during the quarter, compared to analysts' expectations of $138.06 million. During the same period in the prior year, the company posted ($0.09) earnings per share. The company's revenue for the quarter was up 11.0% compared to the same quarter last year. On average, equities analysts expect that Integral Ad Science Holding Corp. will post 0.26 EPS for the current fiscal year.

Integral Ad Science Profile

Integral Ad Science Holding Corp. operates as a digital advertising verification company in the United States, the United Kingdom, France, Ireland, Germany, Italy, Singapore, Australia, Japan, India, and the Nordics. The company provides IAS Signal, a cloud-based technology platform that offers return on ad spend needs; and deliver independent measurement and verification of digital advertising across devices, channels, and formats, including desktop, mobile, connected TV, social, display, and video.