P2 Capital Partners LLC Acquires Shares of 774,400 Integral Ad Science Holding Corp. (NASDAQ:IAS)

P2 Capital Partners LLC acquired a new position in Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 774,400 shares of the company's stock, valued at approximately $11,144,000. Integral Ad Science comprises 1.2% of P2 Capital Partners LLC's portfolio, making the stock its 15th biggest holding. P2 Capital Partners LLC owned 0.49% of Integral Ad Science at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Skandinaviska Enskilda Banken AB publ acquired a new position in shares of Integral Ad Science in the 3rd quarter worth approximately $58,000. DekaBank Deutsche Girozentrale acquired a new stake in Integral Ad Science during the 3rd quarter worth approximately $62,000. Amalgamated Bank lifted its holdings in Integral Ad Science by 19.9% during the 3rd quarter. Amalgamated Bank now owns 6,951 shares of the company's stock worth $83,000 after buying an additional 1,156 shares in the last quarter. Sherbrooke Park Advisers LLC acquired a new stake in Integral Ad Science during the 3rd quarter worth approximately $140,000. Finally, Vontobel Holding Ltd. acquired a new stake in Integral Ad Science during the 4th quarter worth approximately $176,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CAO Alexis Gil II sold 2,792 shares of the stock in a transaction on Tuesday, June 4th. The shares were sold at an average price of $9.09, for a total transaction of $25,379.28. Following the completion of the sale, the chief accounting officer now owns 145,550 shares in the company, valued at approximately $1,323,049.50. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, CAO Alexis Gil II sold 2,792 shares of the firm's stock in a transaction on Tuesday, June 4th. The shares were sold at an average price of $9.09, for a total value of $25,379.28. Following the completion of the sale, the chief accounting officer now owns 145,550 shares in the company, valued at approximately $1,323,049.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Tania Secor sold 17,999 shares of the firm's stock in a transaction on Monday, April 8th. The stock was sold at an average price of $10.05, for a total transaction of $180,889.95. Following the completion of the sale, the chief financial officer now owns 239,174 shares of the company's stock, valued at approximately $2,403,698.70. The disclosure for this sale can be found here. Insiders sold a total of 59,242 shares of company stock worth $592,058 in the last 90 days. Company insiders own 2.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on IAS. Craig Hallum reduced their target price on shares of Integral Ad Science from $20.00 to $18.00 and set a "buy" rating on the stock in a report on Friday, May 10th. Oppenheimer dropped their price objective on shares of Integral Ad Science from $25.00 to $20.00 and set an "outperform" rating on the stock in a research report on Wednesday, February 28th. Truist Financial dropped their price objective on shares of Integral Ad Science from $26.00 to $17.00 and set a "buy" rating on the stock in a research report on Wednesday, February 28th. Morgan Stanley reissued an "equal weight" rating and issued a $12.00 price objective (down from $18.00) on shares of Integral Ad Science in a research report on Tuesday, April 16th. Finally, Raymond James dropped their price objective on shares of Integral Ad Science from $16.00 to $13.00 and set an "outperform" rating on the stock in a research report on Friday, May 10th. Three analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $16.77.

Integral Ad Science Stock Performance

NASDAQ:IAS traded down $0.04 during trading hours on Friday, reaching $9.52. 885,898 shares of the company's stock were exchanged, compared to its average volume of 1,560,660. The firm has a market capitalization of $1.53 billion, a price-to-earnings ratio of 952.95, a P/E/G ratio of 1.66 and a beta of 1.53. The company has a 50-day moving average of $9.53 and a 200 day moving average of $12.11. The company has a quick ratio of 4.32, a current ratio of 4.32 and a debt-to-equity ratio of 0.13. Integral Ad Science Holding Corp. has a 1-year low of $7.98 and a 1-year high of $20.88.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last issued its quarterly earnings results on Thursday, May 9th. The company reported ($0.01) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.01). The firm had revenue of $114.50 million during the quarter, compared to analysts' expectations of $112.12 million. Integral Ad Science had a net margin of 0.59% and a return on equity of 0.32%. Integral Ad Science's quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.02 EPS. Research analysts anticipate that Integral Ad Science Holding Corp. will post 0.22 EPS for the current year.

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.