Monimus Capital Management LP Purchases Shares of 193,482 Integral Ad Science Holding Corp. (NASDAQ:IAS)

Monimus Capital Management LP purchased a new stake in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 193,482 shares of the company's stock, valued at approximately $2,020,000. Integral Ad Science makes up 1.9% of Monimus Capital Management LP's portfolio, making the stock its 20th biggest position. Monimus Capital Management LP owned 0.12% of Integral Ad Science at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in IAS. Crestwood Capital Management L.P. raised its holdings in Integral Ad Science by 0.3% in the 3rd quarter. Crestwood Capital Management L.P. now owns 650,738 shares of the company's stock valued at $7,034,000 after acquiring an additional 1,941 shares during the last quarter. Jennison Associates LLC increased its stake in shares of Integral Ad Science by 3.3% in the 4th quarter. Jennison Associates LLC now owns 63,538 shares of the company's stock worth $663,000 after acquiring an additional 2,046 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of Integral Ad Science by 8.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 28,040 shares of the company's stock worth $293,000 after acquiring an additional 2,069 shares during the period. Arizona State Retirement System grew its holdings in shares of Integral Ad Science by 12.5% in the fourth quarter. Arizona State Retirement System now owns 23,404 shares of the company's stock valued at $244,000 after purchasing an additional 2,601 shares during the period. Finally, Victory Capital Management Inc. increased its position in Integral Ad Science by 8.9% during the fourth quarter. Victory Capital Management Inc. now owns 32,880 shares of the company's stock worth $343,000 after purchasing an additional 2,695 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company's stock.

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Integral Ad Science Stock Performance

Shares of IAS remained flat at $9.04 during mid-day trading on Wednesday. The stock had a trading volume of 628,465 shares, compared to its average volume of 1,091,492. The business has a fifty day moving average of $10.19 and a 200-day moving average of $10.68. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of 45.20, a P/E/G ratio of 1.06 and a beta of 1.45. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71. Integral Ad Science Holding Corp. has a 1-year low of $7.98 and a 1-year high of $13.62.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last issued its earnings results on Friday, February 28th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.03). The company had revenue of $153.00 million for 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 quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.06 earnings per share. As a group, sell-side analysts predict that Integral Ad Science Holding Corp. will post 0.26 EPS for the current fiscal year.

Insider Activity

In other Integral Ad Science news, CEO Lisa Utzschneider sold 5,940 shares of Integral Ad Science stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $9.75, for a total value of $57,915.00. Following the completion of the sale, the chief executive officer now directly owns 266,926 shares of the company's stock, valued at approximately $2,602,528.50. The trade was a 2.18 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 19,109 shares of company stock worth $197,696 over the last three months. 2.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

IAS has been the topic of several research analyst reports. Morgan Stanley restated a "mixed" rating on shares of Integral Ad Science in a report on Monday, March 3rd. Barclays restated an "equal weight" rating on shares of Integral Ad Science in a research note on Friday, February 28th. Benchmark reiterated a "hold" rating on shares of Integral Ad Science in a research note on Friday, February 28th. Truist Financial raised their price objective on shares of Integral Ad Science from $16.00 to $17.00 and gave the company a "buy" rating in a research note on Monday, March 3rd. Finally, Oppenheimer reiterated an "outperform" rating on shares of Integral Ad Science in a report on Friday, February 28th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Integral Ad Science has an average rating of "Moderate Buy" and an average target price of $15.06.

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.