Horrell Capital Management Inc. Sells 100,000 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Horrell Capital Management Inc. reduced its position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 40.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 150,000 shares of the company's stock after selling 100,000 shares during the quarter. Horrell Capital Management Inc. owned 0.09% of Integral Ad Science worth $1,622,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. nVerses Capital LLC acquired a new position in shares of Integral Ad Science in the third quarter worth $45,000. Ameritas Investment Partners Inc. increased its position in Integral Ad Science by 40.1% during the first quarter. Ameritas Investment Partners Inc. now owns 6,724 shares of the company's stock worth $67,000 after buying an additional 1,924 shares during the last quarter. XTX Topco Ltd acquired a new position in Integral Ad Science during the second quarter worth $113,000. ProShare Advisors LLC acquired a new position in Integral Ad Science during the first quarter worth $121,000. Finally, Edgestream Partners L.P. acquired a new position in Integral Ad Science during the second quarter worth $125,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Integral Ad Science

In other news, CEO Lisa Utzschneider sold 10,481 shares of the firm's stock in a transaction that occurred on Monday, October 7th. The shares were 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 of the company's stock, valued at approximately $2,423,457.99. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In related news, CFO Tania Secor sold 5,240 shares of the firm's stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $10.11, for a total value of $52,976.40. Following the completion of the sale, the chief financial officer now owns 248,223 shares of the company's stock, valued at $2,509,534.53. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed 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 that occurred on Monday, October 7th. The shares were sold at an average price of $10.11, for a total transaction of $105,962.91. Following the completion of the transaction, the chief executive officer now directly owns 239,709 shares in the company, valued at approximately $2,423,457.99. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 32,357 shares of company stock valued at $342,409. Corporate insiders own 2.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on IAS. Barclays increased their target price on shares of Integral Ad Science from $12.00 to $13.00 and gave the stock an "equal weight" rating in a research report on Monday, August 5th. Raymond James increased their target price on shares of Integral Ad Science from $13.00 to $15.00 and gave the stock an "outperform" rating in a research report on Friday, August 2nd. Morgan Stanley upped their price target on shares of Integral Ad Science from $12.00 to $13.00 and gave the company an "equal weight" rating in a report on Tuesday, July 23rd. Finally, Benchmark restated a "hold" rating on shares of Integral Ad Science in a report on Monday, August 5th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $16.40.

Integral Ad Science Price Performance

IAS traded up $0.14 during midday trading on Tuesday, reaching $12.02. 1,070,541 shares of the company's stock were exchanged, compared to its average volume of 1,394,372. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of 1,193.00, a price-to-earnings-growth ratio of 1.25 and a beta of 1.54. The company has a quick ratio of 3.76, a current ratio of 3.76 and a debt-to-equity ratio of 0.10. Integral Ad Science Holding Corp. has a one year low of $7.98 and a one year high of $17.53. The business has a 50-day simple moving average of $10.98 and a two-hundred day simple moving average of $10.25.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.03. The firm had revenue of $129.01 million during the quarter, compared to analysts' expectations of $126.31 million. Integral Ad Science had a net margin of 0.57% and a return on equity of 0.31%. The company's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.05 earnings per share. As a group, research analysts predict that Integral Ad Science Holding Corp. will post 0.29 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.