Horrell Capital Management Inc. Increases Stock Position in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Horrell Capital Management Inc. raised its stake in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 26.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 190,000 shares of the company's stock after acquiring an additional 40,000 shares during the period. Horrell Capital Management Inc. owned approximately 0.12% of Integral Ad Science worth $1,984,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Point72 DIFC Ltd purchased a new stake in shares of Integral Ad Science during the third quarter worth $41,000. Quantbot Technologies LP acquired a new stake in Integral Ad Science in the third quarter valued at approximately $106,000. Public Employees Retirement System of Ohio purchased a new position in Integral Ad Science in the third quarter worth approximately $138,000. Handelsbanken Fonder AB acquired a new position in Integral Ad Science during the 4th quarter worth approximately $162,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Integral Ad Science in the 3rd quarter valued at approximately $180,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Barclays reiterated an "equal weight" rating on shares of Integral Ad Science in a research note on Friday, February 28th. Morgan Stanley reaffirmed a "mixed" rating on shares of Integral Ad Science in a report on Monday, March 3rd. Scotiabank assumed coverage on shares of Integral Ad Science in a report on Friday, February 28th. They set a "sector perform" rating and a $12.00 price objective on the stock. Oppenheimer restated an "outperform" rating on shares of Integral Ad Science in a report on Friday, February 28th. Finally, Truist Financial lifted 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. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $15.06.

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Integral Ad Science Stock Performance

Integral Ad Science stock traded down $0.02 during trading hours on Tuesday, reaching $9.08. 416,728 shares of the stock were exchanged, compared to its average volume of 1,090,111. The stock has a market cap of $1.49 billion, a P/E ratio of 45.40, a P/E/G ratio of 1.06 and a beta of 1.45. The firm's 50 day moving average is $10.10 and its 200 day moving average is $10.60. Integral Ad Science Holding Corp. has a 52-week low of $7.98 and a 52-week high of $13.62. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.71 and a current ratio of 3.71.

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

Insider Buying and Selling

In related news, CEO Lisa Utzschneider sold 12,448 shares of Integral Ad Science stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $10.61, for a total transaction of $132,073.28. Following the completion of the transaction, the chief executive officer now directly owns 278,650 shares of the company's stock, valued at approximately $2,956,476.50. The trade was a 4.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last 90 days, insiders have sold 19,109 shares of company stock valued at $197,696. Corporate insiders own 2.00% of the company's stock.

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.