Integral Ad Science Holding Corp. (NASDAQ:IAS) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) have been assigned a consensus recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $16.36.

Several analysts have issued reports on IAS shares. Morgan Stanley upped their price target 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 Tuesday, July 23rd. Raymond James lifted their price target on Integral Ad Science from $13.00 to $15.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. Barclays upped their price objective 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. Finally, Benchmark reiterated a “hold” rating on shares of Integral Ad Science in a research note on Monday, August 5th.

Insider Buying and Selling

In other news, CEO Lisa Utzschneider sold 6,445 shares of the company’s stock in a transaction on Monday, July 8th. The stock was sold at an average price of $9.68, for a total transaction of $62,387.60. Following the completion of the sale, the chief executive officer now directly owns 214,563 shares in the company, valued at approximately $2,076,969.84. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CEO Lisa Utzschneider sold 6,445 shares of the business’s stock in a transaction that occurred on Monday, July 8th. The shares were sold at an average price of $9.68, for a total value of $62,387.60. Following the completion of the transaction, the chief executive officer now directly owns 214,563 shares in the company, valued at approximately $2,076,969.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Tania Secor sold 6,643 shares of the stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $11.24, for a total transaction of $74,667.32. Following the sale, the chief financial officer now owns 251,366 shares in the company, valued at approximately $2,825,353.84. The disclosure for this sale can be found here. Insiders have sold 27,636 shares of company stock valued at $289,513 over the last 90 days. 2.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Ameritas Investment Partners Inc. lifted its stake in shares of Integral Ad Science by 40.1% in the 1st quarter. Ameritas Investment Partners Inc. now owns 6,724 shares of the company’s stock valued at $67,000 after acquiring an additional 1,924 shares during the last quarter. XTX Topco Ltd bought a new position in Integral Ad Science in the second quarter valued at about $113,000. ProShare Advisors LLC acquired a new stake in shares of Integral Ad Science during the first quarter valued at about $121,000. Edgestream Partners L.P. bought a new stake in shares of Integral Ad Science during the second quarter worth about $125,000. Finally, American Trust increased its stake in shares of Integral Ad Science by 18.0% in the first quarter. American Trust now owns 13,742 shares of the company’s stock valued at $137,000 after buying an additional 2,096 shares during the period. Institutional investors own 95.78% of the company’s stock.

Integral Ad Science Trading Down 2.3 %

Shares of NASDAQ:IAS opened at $10.83 on Friday. The stock has a market capitalization of $1.74 billion, a PE ratio of 1,083.00, a price-to-earnings-growth ratio of 1.32 and a beta of 1.56. The company’s 50-day moving average price is $10.96 and its two-hundred day moving average price is $10.09. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.76 and a quick ratio of 3.76. Integral Ad Science has a one year low of $7.98 and a one year high of $17.53.

Integral Ad Science (NASDAQ:IAS) last issued 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 analysts’ expectations of $126.31 million. Integral Ad Science had a return on equity of 0.31% and a net margin of 0.57%. The business’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.05 earnings per share. On average, equities analysts forecast that Integral Ad Science will post 0.29 EPS for the current fiscal 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.