JPMorgan Chase & Co. Has $7.76 Million Stock Position in Integral Ad Science Holding Corp. (NASDAQ:IAS)

JPMorgan Chase & Co. lifted its holdings in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 47.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 717,528 shares of the company's stock after acquiring an additional 231,271 shares during the quarter. JPMorgan Chase & Co. owned 0.44% of Integral Ad Science worth $7,756,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Point72 DIFC Ltd bought a new stake in shares of Integral Ad Science in the 3rd quarter worth about $41,000. nVerses Capital LLC acquired a new position in Integral Ad Science in the third quarter worth about $45,000. Quantbot Technologies LP bought a new stake in Integral Ad Science in the third quarter valued at about $106,000. XTX Topco Ltd acquired a new stake in Integral Ad Science during the second quarter valued at approximately $113,000. Finally, Edgestream Partners L.P. acquired a new stake in Integral Ad Science during the second quarter valued at approximately $125,000. Institutional investors and hedge funds own 95.78% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on IAS shares. Benchmark reiterated a "hold" rating on shares of Integral Ad Science in a research report on Thursday, November 14th. Scotiabank initiated coverage on shares of Integral Ad Science in a report on Thursday, December 5th. They issued a "sector perform" rating and a $10.00 price objective for the company. Craig Hallum dropped 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 report on Wednesday, November 13th. Truist Financial decreased their price target on shares of Integral Ad Science from $18.00 to $16.00 and set a "buy" rating for the company in a report on Wednesday, November 13th. Finally, Piper Sandler dropped their price objective on shares of Integral Ad Science from $18.00 to $16.00 and set an "overweight" rating on the stock in a research note on Wednesday, November 13th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $14.80.

Integral Ad Science Stock Performance

NASDAQ IAS traded up $0.12 on Wednesday, hitting $9.92. The stock had a trading volume of 475,043 shares, compared to its average volume of 887,224. The company's 50-day moving average is $10.80 and its two-hundred day moving average is $10.80. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of 49.60, a P/E/G ratio of 1.46 and a beta of 1.46. 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 Holding Corp. has a one year low of $7.98 and a one year high of $17.53.

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

Insider Transactions at Integral Ad Science

In other Integral Ad Science news, CEO Lisa Utzschneider sold 5,940 shares of the company's stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $9.75, for a total value of $57,915.00. Following the transaction, the chief executive officer now owns 266,926 shares of the company's stock, valued at approximately $2,602,528.50. This represents a 2.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.00% of the company's stock.

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.