Vestcor Inc Acquires Shares of 150,000 Integral Ad Science Holding Corp. (NASDAQ:IAS)

Vestcor Inc acquired a new position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 150,000 shares of the company's stock, valued at approximately $1,566,000. Vestcor Inc owned approximately 0.09% of Integral Ad Science as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in IAS. JPMorgan Chase & Co. raised its holdings in shares of Integral Ad Science by 47.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 717,528 shares of the company's stock valued at $7,756,000 after acquiring an additional 231,271 shares in the last quarter. Invenomic Capital Management LP raised its holdings in shares of Integral Ad Science by 57.4% in the 3rd quarter. Invenomic Capital Management LP now owns 585,309 shares of the company's stock valued at $6,327,000 after acquiring an additional 213,488 shares in the last quarter. Washington Harbour Partners LP purchased a new stake in shares of Integral Ad Science in the 3rd quarter valued at about $1,744,000. Repertoire Partners LP purchased a new stake in shares of Integral Ad Science in the 3rd quarter valued at about $1,676,000. Finally, Rice Hall James & Associates LLC raised its holdings in shares of Integral Ad Science by 89.2% in the 4th quarter. Rice Hall James & Associates LLC now owns 314,129 shares of the company's stock valued at $3,280,000 after acquiring an additional 148,082 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company's stock.

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Integral Ad Science Price Performance

Shares of Integral Ad Science stock remained flat at $9.04 during trading on Wednesday. 628,465 shares of the stock were exchanged, compared to its average volume of 1,091,492. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 45.20, a price-to-earnings-growth ratio of 1.06 and a beta of 1.45. Integral Ad Science Holding Corp. has a one year low of $7.98 and a one year high of $13.62. The stock's 50-day moving average is $10.19 and its two-hundred day moving average is $10.68.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last posted its earnings results on Friday, February 28th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.03). The business had revenue of $153.00 million during the quarter, compared to the consensus estimate of $148.83 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The firm's revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.06 earnings per share. Equities analysts forecast that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Benchmark reiterated a "hold" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Scotiabank assumed coverage on Integral Ad Science in a research report on Friday, February 28th. They set a "sector perform" rating and a $12.00 price objective on the stock. Oppenheimer reiterated an "outperform" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Barclays reiterated an "equal weight" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Finally, Morgan Stanley reiterated a "mixed" rating on shares of Integral Ad Science in a research report on Monday, March 3rd. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $15.06.

Insider Buying and Selling

In other Integral Ad Science news, CEO Lisa Utzschneider sold 12,448 shares of Integral Ad Science stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $10.61, for a total transaction of $132,073.28. Following the sale, the chief executive officer now directly owns 278,650 shares of the company's stock, valued at approximately $2,956,476.50. The trade was a 4.28 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold 19,109 shares of company stock valued at $197,696 over the last ninety days. 2.00% of the stock is owned by insiders.

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.