EntryPoint Capital LLC Invests $387,000 in Integral Ad Science Holding Corp. (NASDAQ:IAS)

EntryPoint Capital LLC purchased a new position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 37,083 shares of the company's stock, valued at approximately $387,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IAS. Intech Investment Management LLC acquired a new position in Integral Ad Science in the third quarter valued at $199,000. Charles Schwab Investment Management Inc. increased its position in Integral Ad Science by 7.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 595,907 shares of the company's stock valued at $6,442,000 after acquiring an additional 41,528 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in Integral Ad Science during the 3rd quarter valued at approximately $180,000. Quantbot Technologies LP purchased a new stake in Integral Ad Science during the 3rd quarter valued at approximately $106,000. Finally, PEAK6 Investments LLC acquired a new stake in Integral Ad Science during the 3rd quarter worth approximately $213,000. Hedge funds and other institutional investors own 95.78% of the company's stock.

Integral Ad Science Price Performance

Shares of IAS stock traded down $0.18 during mid-day trading on Monday, reaching $8.06. The stock had a trading volume of 1,539,867 shares, compared to its average volume of 1,151,000. The company has a market cap of $1.32 billion, a P/E ratio of 40.30, a price-to-earnings-growth ratio of 1.06 and a beta of 1.45. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07. Integral Ad Science Holding Corp. has a 12-month low of $7.98 and a 12-month high of $13.62. The business has a 50-day simple moving average of $9.97 and a 200 day simple moving average of $10.53.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last posted its earnings results on Friday, February 28th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.03). The business had revenue of $153.00 million for the quarter, compared to analysts' expectations of $148.83 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The business's revenue was up 13.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.06 earnings per share. On average, sell-side analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on IAS. Scotiabank started coverage on Integral Ad Science in a report on Friday, February 28th. They set a "sector perform" rating and a $12.00 price target for the company. Benchmark restated a "hold" rating on shares of Integral Ad Science in a research note on Friday, February 28th. Truist Financial boosted their price target on shares of Integral Ad Science from $16.00 to $17.00 and gave the stock a "buy" rating in a research note on Monday, March 3rd. Oppenheimer restated an "outperform" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Finally, Morgan Stanley reiterated a "mixed" rating on shares of Integral Ad Science in a research report on Monday, March 3rd. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Integral Ad Science currently has a consensus rating of "Moderate Buy" and an average price target of $14.45.

Insider Buying and Selling at Integral Ad Science

In other Integral Ad Science news, CEO Lisa Utzschneider sold 5,940 shares of the company's stock in a transaction dated Tuesday, January 7th. The shares were sold at an average price of $9.75, for a total value of $57,915.00. Following the transaction, the chief executive officer now directly owns 266,926 shares in the company, valued at approximately $2,602,528.50. This represents a 2.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders have sold 19,109 shares of company stock worth $197,696. 2.00% of the stock is owned by insiders.

About Integral Ad Science

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.