Atom Investors LP Buys 97,983 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Atom Investors LP increased its position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 40.8% during the 3rd quarter, Holdings Channel reports. The fund owned 338,152 shares of the company’s stock after buying an additional 97,983 shares during the quarter. Atom Investors LP’s holdings in Integral Ad Science were worth $3,655,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of IAS. Vanguard Group Inc. raised its position in shares of Integral Ad Science by 7.0% during the first quarter. Vanguard Group Inc. now owns 8,673,229 shares of the company’s stock worth $86,472,000 after purchasing an additional 566,982 shares during the period. TimesSquare Capital Management LLC raised its holdings in Integral Ad Science by 0.6% during the 3rd quarter. TimesSquare Capital Management LLC now owns 2,772,440 shares of the company’s stock worth $29,970,000 after buying an additional 17,166 shares during the period. abrdn plc lifted its stake in Integral Ad Science by 12.5% in the third quarter. abrdn plc now owns 2,147,656 shares of the company’s stock valued at $23,216,000 after buying an additional 237,930 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of Integral Ad Science by 10.8% in the second quarter. Millennium Management LLC now owns 1,224,138 shares of the company’s stock valued at $11,899,000 after buying an additional 119,740 shares during the period. Finally, Crestwood Capital Management L.P. raised its holdings in shares of Integral Ad Science by 0.3% during the third quarter. Crestwood Capital Management L.P. now owns 650,738 shares of the company’s stock worth $7,034,000 after acquiring an additional 1,941 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Activity

In other news, CEO Lisa Utzschneider sold 10,481 shares of the stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $10.11, for a total transaction of $105,962.91. Following the transaction, the chief executive officer now owns 239,709 shares in the company, valued at approximately $2,423,457.99. This trade represents a 4.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Tania Secor sold 5,240 shares of Integral Ad Science stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $10.11, for a total value of $52,976.40. Following the sale, the chief financial officer now directly owns 248,223 shares of the company’s stock, valued at approximately $2,509,534.53. The trade was a 2.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 23,006 shares of company stock valued at $240,296 over the last ninety days. 2.00% of the stock is currently owned by company insiders.

Integral Ad Science Trading Down 0.1 %

Integral Ad Science stock opened at $11.18 on Monday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.71 and a current ratio of 3.71. The stock has a 50-day simple moving average of $11.09 and a 200 day simple moving average of $10.58. The stock has a market capitalization of $1.82 billion, a P/E ratio of 55.90, a PEG ratio of 1.54 and a beta of 1.52. Integral Ad Science Holding Corp. has a 52 week low of $7.98 and a 52 week high of $17.53.

Integral Ad Science (NASDAQ:IAS) last posted its earnings results on Tuesday, November 12th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The business had revenue of $133.50 million for the quarter, compared to analyst estimates of $138.06 million. During the same period in the previous year, the firm earned ($0.09) EPS. The firm’s revenue was up 11.0% compared to the same quarter last year. Analysts expect that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Piper Sandler reduced their price objective on Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating for the company in a research report on Wednesday, November 13th. Oppenheimer decreased their price target on shares of Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating for the company in a research note on Wednesday, November 13th. Truist Financial reduced their target price on shares of Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday, November 13th. Craig Hallum decreased their price objective on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday, November 13th. Finally, Barclays upped their target price on Integral Ad Science from $12.00 to $13.00 and gave the stock an “equal weight” rating 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $15.70.

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.