Insider Selling: Integral Ad Science Holding Corp. (NASDAQ:IAS) CEO Sells 5,940 Shares of Stock

Integral Ad Science Holding Corp. (NASDAQ:IAS) CEO Lisa Utzschneider sold 5,940 shares of the business’s stock in a transaction on Tuesday, January 7th. The shares were sold at an average price of $9.75, for a total transaction of $57,915.00. Following the completion of the sale, the chief executive officer now directly owns 266,926 shares in the company, valued at $2,602,528.50. This represents a 2.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Integral Ad Science Price Performance

Shares of NASDAQ IAS opened at $10.20 on Friday. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07. The business’s 50 day moving average price is $10.93 and its two-hundred day moving average price is $10.78. The company has a market cap of $1.66 billion, a PE ratio of 51.00, a price-to-earnings-growth ratio of 1.46 and a beta of 1.46. Integral Ad Science Holding Corp. has a twelve month low of $7.98 and a twelve month high of $17.53.

Integral Ad Science (NASDAQ:IAS) last posted its quarterly earnings results on Tuesday, November 12th. The company reported $0.10 earnings per share for the quarter, beating 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 analysts’ expectations of $138.06 million. During the same quarter in the prior year, the business earned ($0.09) EPS. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. On average, analysts predict that Integral Ad Science Holding Corp. will post 0.26 EPS for the current year.

Institutional Trading of Integral Ad Science

Hedge funds and other institutional investors have recently modified their holdings of the stock. Crestwood Capital Management L.P. lifted its position in 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 last quarter. Point72 DIFC Ltd acquired a new stake in Integral Ad Science during the 3rd quarter worth approximately $41,000. nVerses Capital LLC bought a new stake in Integral Ad Science in the 3rd quarter valued at $45,000. Principal Financial Group Inc. grew its holdings in Integral Ad Science by 9.3% in the 2nd quarter. Principal Financial Group Inc. now owns 61,108 shares of the company’s stock valued at $594,000 after buying an additional 5,189 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in Integral Ad Science by 18.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 37,870 shares of the company’s stock worth $368,000 after buying an additional 5,806 shares during the period. Institutional investors own 95.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on IAS. Oppenheimer cut their price target on Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating on the stock in a report on Wednesday, November 13th. Benchmark restated a “hold” rating on shares of Integral Ad Science in a research note on Thursday, November 14th. Scotiabank assumed coverage on shares of Integral Ad Science in a report on Thursday, December 5th. They issued a “sector perform” rating and a $10.00 price objective on the stock. Craig Hallum 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. Finally, Truist Financial lowered their price target on shares of Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, November 13th. Four investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $15.18.

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.