Thrivent Financial for Lutherans Decreases Stake in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Thrivent Financial for Lutherans decreased its stake in Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 88.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,417 shares of the company's stock after selling 242,582 shares during the period. Thrivent Financial for Lutherans' holdings in Integral Ad Science were worth $328,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IAS. Barclays PLC increased its stake in shares of Integral Ad Science by 207.1% in the third quarter. Barclays PLC now owns 127,733 shares of the company's stock valued at $1,380,000 after buying an additional 86,133 shares during the period. JPMorgan Chase & Co. increased its position in Integral Ad Science by 47.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 717,528 shares of the company's stock valued at $7,756,000 after acquiring an additional 231,271 shares during the period. Janus Henderson Group PLC raised its stake in shares of Integral Ad Science by 65.9% during the third quarter. Janus Henderson Group PLC now owns 359,370 shares of the company's stock valued at $3,884,000 after acquiring an additional 142,741 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Integral Ad Science by 12.9% in the third quarter. Franklin Resources Inc. now owns 110,449 shares of the company's stock worth $1,191,000 after purchasing an additional 12,647 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in Integral Ad Science by 1.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 603,848 shares of the company's stock valued at $6,304,000 after purchasing an additional 7,941 shares during the period. Institutional investors and hedge funds own 95.78% of the company's stock.

Integral Ad Science Stock Up 13.7 %

NASDAQ IAS traded up $0.90 during mid-day trading on Wednesday, hitting $7.49. The company's stock had a trading volume of 6,800,607 shares, compared to its average volume of 1,154,269. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07. The company's 50 day simple moving average is $9.42 and its 200 day simple moving average is $10.30. Integral Ad Science Holding Corp. has a twelve month low of $6.50 and a twelve month high of $13.62. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 37.45, a PEG ratio of 1.06 and a beta of 1.53.

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 analysts' consensus estimates of $0.12 by ($0.03). The business had revenue of $153.00 million during the quarter, compared to analyst estimates of $148.83 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The company's revenue was up 13.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.06 EPS. 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 equities research analysts have recently weighed in on IAS shares. Truist Financial increased their price target on Integral Ad Science from $16.00 to $17.00 and gave the company a "buy" rating in a research note on Monday, March 3rd. Oppenheimer restated an "outperform" rating on shares of Integral Ad Science in a report on Friday, February 28th. Scotiabank started coverage on shares of Integral Ad Science in a research note on Friday, February 28th. They issued a "sector perform" rating and a $12.00 price objective on the stock. Baird R W downgraded shares of Integral Ad Science from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 28th. Finally, Robert W. Baird reaffirmed a "neutral" rating and set a $9.00 price target (down previously from $16.00) on shares of Integral Ad Science in a research report on Friday, March 28th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $14.45.

Insider Activity at Integral Ad Science

In other news, CEO Lisa Utzschneider sold 8,547 shares of Integral Ad Science stock in a transaction on Monday, April 7th. The stock was sold at an average price of $6.85, for a total transaction of $58,546.95. Following the sale, the chief executive officer now directly owns 341,271 shares in the company, valued at $2,337,706.35. The trade was a 2.44 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 90,303 shares of company stock valued at $706,660 over the last ninety days. Corporate insiders own 2.00% of the company's stock.

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.