Intech Investment Management LLC increased its position in Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 168.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,444 shares of the company's stock after buying an additional 30,994 shares during the period. Intech Investment Management LLC's holdings in Integral Ad Science were worth $516,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IAS. Point72 DIFC Ltd bought a new stake in Integral Ad Science during the third quarter worth $41,000. Quantbot Technologies LP bought a new stake in shares of Integral Ad Science in the third quarter valued at approximately $106,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Integral Ad Science during the third quarter worth $138,000. Handelsbanken Fonder AB purchased a new stake in Integral Ad Science during the 4th quarter worth about $162,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in Integral Ad Science in the 3rd quarter worth about $180,000. 95.78% of the stock is owned by institutional investors.
Integral Ad Science Price Performance
Shares of Integral Ad Science stock traded down $0.02 during trading on Tuesday, hitting $9.08. 416,728 shares of the stock traded hands, compared to its average volume of 1,090,111. The firm's fifty day moving average is $10.11 and its 200-day moving average is $10.61. The stock has a market cap of $1.49 billion, a price-to-earnings ratio of 45.40, a PEG ratio of 1.06 and a beta of 1.45. 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 quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07.
Integral Ad Science (NASDAQ:IAS - Get Free Report) last announced its quarterly earnings data on Friday, February 28th. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $148.83 million. During the same quarter in the previous year, the firm posted $0.06 earnings per share. The company's revenue was up 13.9% compared to the same quarter last year. Research analysts expect that Integral Ad Science Holding Corp. will post 0.26 EPS for the current fiscal year.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on IAS shares. Barclays reissued an "equal weight" rating on shares of Integral Ad Science in a report on Friday, February 28th. Morgan Stanley reissued a "mixed" rating on shares of Integral Ad Science in a report on Monday, March 3rd. Benchmark reaffirmed a "hold" rating on shares of Integral Ad Science in a report on Friday, February 28th. Oppenheimer reiterated an "outperform" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Finally, Scotiabank started coverage on Integral Ad Science in a research report on Friday, February 28th. They set a "sector perform" rating and a $12.00 target price for the company. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $15.06.
Check Out Our Latest Stock Report on IAS
Insiders Place Their Bets
In other Integral Ad Science news, CEO Lisa Utzschneider sold 5,940 shares of the stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $9.75, for a total transaction of $57,915.00. Following the completion of the sale, the chief executive officer now owns 266,926 shares of the company's stock, valued at $2,602,528.50. This represents a 2.18 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have sold 19,109 shares of company stock valued at $197,696 in the last ninety days. Company insiders own 2.00% of the company's stock.
Integral Ad Science Profile
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Free Report)
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.
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