Jane Street Group LLC Has $505,000 Holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Jane Street Group LLC lowered its holdings in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 74.6% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 46,675 shares of the company's stock after selling 136,994 shares during the period. Jane Street Group LLC's holdings in Integral Ad Science were worth $505,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Crestwood Capital Management L.P. lifted its stake in shares of Integral Ad Science by 0.3% during the 3rd quarter. Crestwood Capital Management L.P. now owns 650,738 shares of the company's stock worth $7,034,000 after buying an additional 1,941 shares during the last quarter. Point72 DIFC Ltd bought a new position in Integral Ad Science in the 3rd quarter valued at about $41,000. nVerses Capital LLC acquired a new stake in Integral Ad Science during the third quarter worth approximately $45,000. Principal Financial Group Inc. boosted its holdings in shares of Integral Ad Science by 9.3% during the second quarter. Principal Financial Group Inc. now owns 61,108 shares of the company's stock worth $594,000 after acquiring an additional 5,189 shares during the period. Finally, The Manufacturers Life Insurance Company grew its position in shares of Integral Ad Science by 18.1% in the second quarter. The Manufacturers Life Insurance Company now owns 37,870 shares of the company's stock valued at $368,000 after purchasing an additional 5,806 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Oppenheimer reduced their price target on Integral Ad Science from $20.00 to $18.00 and set an "outperform" rating for the company in a research note on Wednesday, November 13th. Piper Sandler reduced their target price on shares of Integral Ad Science from $18.00 to $16.00 and set an "overweight" rating for the company in a research report on Wednesday, November 13th. Truist Financial lowered their price target on shares of Integral Ad Science from $18.00 to $16.00 and set a "buy" rating on the stock in a research report on Wednesday, November 13th. Benchmark reiterated a "hold" rating on shares of Integral Ad Science in a research note on Thursday, November 14th. Finally, Craig Hallum decreased their target price on shares of Integral Ad Science from $18.00 to $16.00 and set a "buy" rating on the stock in a research report on Wednesday, November 13th. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, Integral Ad Science presently has a consensus rating of "Moderate Buy" and a consensus target price of $15.18.

Integral Ad Science Price Performance

Shares of IAS stock traded down $0.74 on Monday, hitting $9.97. 1,403,630 shares of the company's stock were exchanged, compared to its average volume of 916,377. Integral Ad Science Holding Corp. has a 12 month low of $7.98 and a 12 month high of $17.53. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71. The company has a 50 day moving average of $11.05 and a 200 day moving average of $10.79. The stock has a market cap of $1.62 billion, a P/E ratio of 49.85, a price-to-earnings-growth ratio of 1.46 and a beta of 1.46.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.10 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.02. The company had revenue of $133.50 million for the quarter, compared to the consensus estimate of $138.06 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The firm's quarterly revenue was up 11.0% compared to the same quarter last year. During the same period last year, the company posted ($0.09) EPS. On average, equities research analysts predict that Integral Ad Science Holding Corp. will post 0.26 EPS for the current year.

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.