abrdn plc Acquires 237,930 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

abrdn plc boosted its holdings in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 12.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,147,656 shares of the company's stock after acquiring an additional 237,930 shares during the period. abrdn plc owned 1.34% of Integral Ad Science worth $23,216,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. nVerses Capital LLC bought a new position in shares of Integral Ad Science during the third quarter valued at approximately $45,000. Ameritas Investment Partners Inc. raised its stake 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 valued at $67,000 after buying an additional 1,924 shares during the last quarter. XTX Topco Ltd bought a new stake in Integral Ad Science in the second quarter worth $113,000. ProShare Advisors LLC purchased a new stake in shares of Integral Ad Science in the first quarter worth $121,000. Finally, Edgestream Partners L.P. bought a new position in shares of Integral Ad Science during the second quarter valued at $125,000. Institutional investors own 95.78% of the company's stock.

Insider Buying and Selling at Integral Ad Science

In other news, CEO Lisa Utzschneider sold 9,351 shares of the business's stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $10.92, for a total transaction of $102,112.92. Following the completion of the sale, the chief executive officer now owns 230,218 shares of the company's stock, valued at $2,513,980.56. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other Integral Ad Science news, CEO Lisa Utzschneider sold 9,351 shares of the stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $10.92, for a total value of $102,112.92. Following the completion of the sale, the chief executive officer now owns 230,218 shares in the company, valued at approximately $2,513,980.56. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Tania Secor sold 6,643 shares of the company's stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $11.24, for a total value of $74,667.32. Following the completion of the transaction, the chief financial officer now directly owns 251,366 shares of the company's stock, valued at approximately $2,825,353.84. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 32,357 shares of company stock valued at $342,409. Insiders own 2.00% of the company's stock.

Wall Street Analyst Weigh In

IAS has been the topic of a number of analyst reports. Benchmark reiterated a "hold" rating on shares of Integral Ad Science in a research note on Monday, August 5th. Raymond James upped 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 note on Friday, August 2nd. Morgan Stanley boosted their price objective on shares of Integral Ad Science from $12.00 to $13.00 and gave the stock an "equal weight" rating in a report on Tuesday, July 23rd. Finally, Barclays increased their target price on Integral Ad Science from $12.00 to $13.00 and gave the company an "equal weight" rating in a research note on Monday, August 5th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, Integral Ad Science currently has an average rating of "Moderate Buy" and a consensus price target of $16.40.

Integral Ad Science Stock Performance

Shares of IAS traded up $0.06 during trading hours on Friday, hitting $11.90. The stock had a trading volume of 863,541 shares, compared to its average volume of 1,387,487. Integral Ad Science Holding Corp. has a 12 month low of $7.98 and a 12 month high of $17.53. The stock has a fifty day moving average price of $11.02 and a 200 day moving average price of $10.30. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.76 and a quick ratio of 3.76. The firm has a market capitalization of $1.92 billion, a PE ratio of 1,191.19, a PEG ratio of 1.41 and a beta of 1.54.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.02 by $0.03. The firm had revenue of $129.01 million during the quarter, compared to analyst estimates of $126.31 million. Integral Ad Science had a net margin of 0.57% and a return on equity of 0.31%. The business's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.05 EPS. Analysts anticipate that Integral Ad Science Holding Corp. will post 0.29 EPS for the current year.

Integral Ad Science 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.