Rice Hall James & Associates LLC Raises Stake in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Rice Hall James & Associates LLC raised its position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 89.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 314,129 shares of the company’s stock after purchasing an additional 148,082 shares during the period. Rice Hall James & Associates LLC’s holdings in Integral Ad Science were worth $3,280,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. Point72 DIFC Ltd purchased a new position in shares of Integral Ad Science in the third quarter worth $41,000. nVerses Capital LLC purchased a new position in shares of Integral Ad Science in the third quarter worth $45,000. Quantbot Technologies LP purchased a new position in shares of Integral Ad Science in the third quarter worth $106,000. Stoneridge Investment Partners LLC purchased a new position in shares of Integral Ad Science in the third quarter worth $125,000. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Integral Ad Science in the third quarter worth $138,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Integral Ad Science Trading Up 2.6 %

IAS stock opened at $10.75 on Wednesday. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07. Integral Ad Science Holding Corp. has a twelve month low of $7.98 and a twelve month high of $17.53. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 53.75, a price-to-earnings-growth ratio of 1.09 and a beta of 1.46. The firm’s fifty day simple moving average is $10.38 and its two-hundred day simple moving average is $10.84.

Analyst Upgrades and Downgrades

Several research firms have recently commented on IAS. Truist Financial lowered their target price on shares of Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a 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 on the stock in a research note on Wednesday, November 13th. Craig Hallum decreased 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. Piper Sandler decreased their price target on shares of Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 13th. Finally, Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a research note on Thursday, November 14th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Integral Ad Science has a consensus rating of “Moderate Buy” and a consensus target price of $14.80.

Insider Buying and Selling at Integral Ad Science

In other news, CEO Lisa Utzschneider sold 12,448 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $10.61, for a total value of $132,073.28. Following the transaction, the chief executive officer now directly owns 278,650 shares in the company, valued at approximately $2,956,476.50. This represents a 4.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have sold 19,109 shares of company stock worth $197,696 over the last quarter. Insiders own 2.00% 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.