Integral Ad Science (NASDAQ:IAS) Coverage Initiated by Analysts at Loop Capital

Loop Capital began coverage on shares of Integral Ad Science (NASDAQ:IAS) in a research report released on Tuesday morning, MarketBeat reports. The firm issued a buy rating and a $15.00 target price on the stock.

Other analysts have also recently issued reports about the company. Oppenheimer dropped their price target on Integral Ad Science from $25.00 to $20.00 and set an outperform rating on the stock in a research report on Wednesday, February 28th. Morgan Stanley reissued an equal weight rating and issued a $12.00 price target (down from $18.00) on shares of Integral Ad Science in a research report on Tuesday, April 16th. Barclays dropped their price target on Integral Ad Science from $16.00 to $12.00 and set an equal weight rating on the stock in a research report on Monday, April 15th. Truist Financial lowered their price objective on Integral Ad Science from $26.00 to $17.00 and set a buy rating on the stock in a research report on Wednesday, February 28th. Finally, Raymond James cut Integral Ad Science from a strong-buy rating to an outperform rating and lowered their price objective for the company from $20.00 to $16.00 in a research report on Wednesday, February 28th. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, Integral Ad Science has a consensus rating of Moderate Buy and an average target price of $17.38.

Integral Ad Science Stock Down 2.0 %

Shares of NASDAQ:IAS opened at $9.59 on Tuesday. Integral Ad Science has a 1 year low of $8.92 and a 1 year high of $20.88. The company has a market cap of $1.53 billion, a PE ratio of 239.81, a P/E/G ratio of 1.68 and a beta of 1.60. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.21 and a quick ratio of 3.21. The stock’s 50-day moving average is $10.37 and its 200 day moving average is $12.91.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings results on Tuesday, February 27th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. The company had revenue of $134.30 million for the quarter, compared to the consensus estimate of $131.27 million. Integral Ad Science had a return on equity of 0.83% and a net margin of 1.53%. Integral Ad Science’s revenue was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.07 EPS. Sell-side analysts anticipate that Integral Ad Science will post 0.16 EPS for the current year.

Insider Activity at Integral Ad Science

In related news, CEO Lisa Utzschneider sold 13,113 shares of the stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $15.79, for a total value of $207,054.27. Following the completion of the transaction, the chief executive officer now owns 148,657 shares of the company’s stock, valued at approximately $2,347,294.03. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, CEO Lisa Utzschneider sold 13,113 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $15.79, for a total value of $207,054.27. Following the completion of the transaction, the chief executive officer now owns 148,657 shares of the company’s stock, valued at $2,347,294.03. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Tania Secor sold 17,999 shares of the business’s stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $10.05, for a total transaction of $180,889.95. Following the completion of the transaction, the chief financial officer now directly owns 239,174 shares of the company’s stock, valued at approximately $2,403,698.70. The disclosure for this sale can be found here. In the last quarter, insiders sold 80,195 shares of company stock valued at $876,562. Insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Integral Ad Science

A number of large investors have recently bought and sold shares of IAS. Principal Financial Group Inc. grew its holdings in Integral Ad Science by 218.8% in the first quarter. Principal Financial Group Inc. now owns 55,919 shares of the company’s stock worth $558,000 after purchasing an additional 38,376 shares during the last quarter. Richelieu Gestion SA grew its holdings in shares of Integral Ad Science by 35.0% during the first quarter. Richelieu Gestion SA now owns 19,501 shares of the company’s stock valued at $194,000 after buying an additional 5,055 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in Integral Ad Science in the fourth quarter valued at $3,159,000. HBK Investments L P purchased a new stake in Integral Ad Science in the fourth quarter valued at $4,317,000. Finally, Vanguard Group Inc. boosted its holdings in Integral Ad Science by 10.7% in the fourth quarter. Vanguard Group Inc. now owns 8,106,247 shares of the company’s stock valued at $116,649,000 after purchasing an additional 780,469 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

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.