Janus Henderson Group PLC Acquires 142,741 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Janus Henderson Group PLC raised its stake in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 65.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 359,370 shares of the company's stock after buying an additional 142,741 shares during the period. Janus Henderson Group PLC owned approximately 0.22% of Integral Ad Science worth $3,884,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IAS. nVerses Capital LLC bought a new position in Integral Ad Science during the third quarter valued at about $45,000. Quantbot Technologies LP acquired a new position in shares of Integral Ad Science in the 3rd quarter worth approximately $106,000. Stoneridge Investment Partners LLC bought a new stake in shares of Integral Ad Science in the 3rd quarter worth approximately $125,000. XTX Topco Ltd bought a new stake in Integral Ad Science during the second quarter worth approximately $113,000. Finally, Edgestream Partners L.P. acquired a new position in Integral Ad Science in the second quarter worth approximately $125,000. 95.78% of the stock is currently owned by institutional investors.

Integral Ad Science Stock Down 1.5 %

Shares of NASDAQ:IAS traded down $0.16 during midday trading on Wednesday, hitting $10.79. 930,149 shares of the stock were exchanged, compared to its average volume of 1,352,732. The business's fifty day simple moving average is $11.13 and its two-hundred day simple moving average is $10.65. 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 Holding Corp. has a 52-week low of $7.98 and a 52-week high of $17.53. The company has a market capitalization of $1.76 billion, a PE ratio of 53.95, a P/E/G ratio of 1.51 and a beta of 1.46.

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

Analysts Set New Price Targets

IAS has been the subject of several research reports. Oppenheimer reduced their price objective 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. Benchmark reissued a "hold" rating on shares of Integral Ad Science in a research note on Thursday, November 14th. Craig Hallum reduced their price objective on shares of Integral Ad Science from $18.00 to $16.00 and set a "buy" rating for the company in a research note on Wednesday, November 13th. Scotiabank began coverage on shares of Integral Ad Science in a report on Thursday, December 5th. They set a "sector perform" rating and a $10.00 price target on the stock. Finally, Piper Sandler decreased their price objective on shares of Integral Ad Science from $18.00 to $16.00 and set an "overweight" rating for the company in a research note on Wednesday, November 13th. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $15.18.

Insiders Place Their Bets

In other Integral Ad Science news, CFO Tania Secor sold 5,240 shares of Integral Ad Science stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $10.11, for a total value of $52,976.40. Following the transaction, the chief financial officer now directly owns 248,223 shares of the company's stock, valued at $2,509,534.53. The trade was a 2.07 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Lisa Utzschneider sold 10,481 shares of the firm's stock in a transaction on Monday, October 7th. The stock was sold at an average price of $10.11, for a total transaction of $105,962.91. Following the completion of the sale, the chief executive officer now owns 239,709 shares in the company, valued at approximately $2,423,457.99. The trade was a 4.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 16,363 shares of company stock valued at $165,629 over the last three months. 2.00% of the stock is currently owned by insiders.

Integral Ad Science Company 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.