Raymond James Financial Inc. Purchases Shares of 77,314 Integral Ad Science Holding Corp. (NASDAQ:IAS)

Raymond James Financial Inc. acquired a new stake in Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 77,314 shares of the company's stock, valued at approximately $807,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC raised its holdings in Integral Ad Science by 207.1% during the third quarter. Barclays PLC now owns 127,733 shares of the company's stock worth $1,380,000 after purchasing an additional 86,133 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Integral Ad Science by 47.6% in the third quarter. JPMorgan Chase & Co. now owns 717,528 shares of the company's stock valued at $7,756,000 after buying an additional 231,271 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in shares of Integral Ad Science by 65.9% in the third quarter. Janus Henderson Group PLC now owns 359,370 shares of the company's stock valued at $3,884,000 after acquiring an additional 142,741 shares during the period. Franklin Resources Inc. grew its position in shares of Integral Ad Science by 12.9% during the third quarter. Franklin Resources Inc. now owns 110,449 shares of the company's stock worth $1,191,000 after acquiring an additional 12,647 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Integral Ad Science by 1.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 603,848 shares of the company's stock valued at $6,304,000 after acquiring an additional 7,941 shares during the period. Institutional investors and hedge funds own 95.78% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on IAS. Barclays reissued an "equal weight" rating on shares of Integral Ad Science in a report on Friday, February 28th. Truist Financial raised their target price on shares of Integral Ad Science from $16.00 to $17.00 and gave the stock a "buy" rating in a research note on Monday, March 3rd. Baird R W downgraded shares of Integral Ad Science from a "strong-buy" rating to a "hold" rating in a report on Friday, March 28th. Scotiabank began coverage on shares of Integral Ad Science in a research report on Friday, February 28th. They issued a "sector perform" rating and a $12.00 price objective for the company. Finally, Benchmark reiterated a "hold" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $14.45.

Insider Buying and Selling at Integral Ad Science

In related news, CEO Lisa Utzschneider sold 68,671 shares of the stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of $7.44, for a total transaction of $510,912.24. Following the sale, the chief executive officer now owns 334,051 shares of the company's stock, valued at $2,485,339.44. This trade represents a 17.05 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 90,303 shares of company stock valued at $706,660 over the last quarter. Corporate insiders own 2.00% of the company's stock.

Integral Ad Science Price Performance

NASDAQ IAS traded down $0.67 during mid-day trading on Thursday, hitting $6.82. The stock had a trading volume of 1,006,492 shares, compared to its average volume of 1,147,822. The company has a 50 day simple moving average of $9.35 and a 200 day simple moving average of $10.27. The company has a market cap of $1.12 billion, a price-to-earnings ratio of 34.10, a P/E/G ratio of 1.06 and a beta of 1.53. Integral Ad Science Holding Corp. has a 52-week low of $6.45 and a 52-week high of $13.62. 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 (NASDAQ:IAS - Get Free Report) last announced its quarterly earnings results on Friday, February 28th. The company reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by ($0.03). The firm had revenue of $153.00 million during the quarter, compared to analysts' expectations of $148.83 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The company's quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.06 EPS. Equities analysts forecast that Integral Ad Science Holding Corp. will post 0.26 EPS for the current fiscal year.

About Integral Ad Science

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.