Vanguard Group Inc. boosted its position in Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 2.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,048,546 shares of the company's stock after purchasing an additional 205,562 shares during the quarter. Vanguard Group Inc. owned about 5.56% of Integral Ad Science worth $94,467,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio acquired a new position in Integral Ad Science in the 3rd quarter valued at $138,000. Handelsbanken Fonder AB bought a new position in shares of Integral Ad Science in the fourth quarter worth $162,000. Cornerstone Investment Partners LLC acquired a new position in Integral Ad Science in the fourth quarter valued at about $187,000. Arizona State Retirement System lifted its position in Integral Ad Science by 12.5% during the fourth quarter. Arizona State Retirement System now owns 23,404 shares of the company's stock worth $244,000 after purchasing an additional 2,601 shares during the period. Finally, KLP Kapitalforvaltning AS acquired a new stake in Integral Ad Science during the fourth quarter worth about $257,000. Institutional investors own 95.78% of the company's stock.
Insider Activity
In other news, CEO Lisa Utzschneider sold 8,547 shares of the stock in a transaction dated Monday, April 7th. The stock was sold at an average price of $6.85, for a total value of $58,546.95. Following the completion of the sale, the chief executive officer now owns 341,271 shares of the company's stock, valued at approximately $2,337,706.35. This represents a 2.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last 90 days, insiders sold 90,303 shares of company stock valued at $706,660. Insiders own 2.00% of the company's stock.
Analyst Ratings Changes
Several brokerages have recently commented on IAS. Baird R W cut shares of Integral Ad Science from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 28th. Scotiabank began coverage on Integral Ad Science in a research note on Friday, February 28th. They set a "sector perform" rating and a $12.00 target price for the company. Truist Financial raised their target price on Integral Ad Science from $16.00 to $17.00 and gave the company a "buy" rating in a report on Monday, March 3rd. Oppenheimer reissued an "outperform" rating on shares of Integral Ad Science in a report on Friday, February 28th. Finally, Benchmark reaffirmed a "hold" rating on shares of Integral Ad Science in a research note on Friday, February 28th. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Integral Ad Science has a consensus rating of "Moderate Buy" and an average price target of $14.45.
Check Out Our Latest Report on Integral Ad Science
Integral Ad Science Price Performance
IAS traded down $0.04 on Tuesday, reaching $6.52. The stock had a trading volume of 95,342 shares, compared to its average volume of 1,136,858. The firm has a 50-day moving average of $9.18 and a 200-day moving average of $10.21. Integral Ad Science Holding Corp. has a fifty-two week low of $6.43 and a fifty-two week high of $13.62. The company has a market capitalization of $1.07 billion, a price-to-earnings ratio of 32.60, a price-to-earnings-growth ratio of 1.06 and a beta of 1.53. 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 (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 net margin of 6.39% and a return on equity of 3.47%. The firm had revenue of $153.00 million during the quarter, compared to analyst estimates of $148.83 million. During the same period in the prior year, the company earned $0.06 EPS. The business's quarterly revenue was up 13.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 EPS for the current year.
About Integral Ad Science
(
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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