Integral Ad Science (NASDAQ:IAS) Price Target Raised to $13.00

Integral Ad Science (NASDAQ:IAS) had its price target hoisted by Raymond James from $11.00 to $13.00 in a report published on Tuesday, MarketBeat reports. They currently have an outperform rating on the stock.

Several other equities analysts also recently commented on the company. Barclays increased their target price on Integral Ad Science from $7.00 to $9.00 and gave the company an “equal weight” rating in a research report on Tuesday. Morgan Stanley dropped their price objective on shares of Integral Ad Science from $13.50 to $12.50 and set an “equal weight” rating for the company in a report on Thursday, April 17th. Robert W. Baird reiterated a “neutral” rating and set a $9.00 target price (down from $16.00) on shares of Integral Ad Science in a research report on Friday, March 28th. Baird R W lowered shares of Integral Ad Science from a “strong-buy” rating to a “hold” rating in a report on Friday, March 28th. Finally, Truist Financial raised their price target on shares of Integral Ad Science from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $13.55.

Integral Ad Science Stock Performance

Integral Ad Science stock opened at $8.04 on Tuesday. 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 stock has a market cap of $1.33 billion, a PE ratio of 40.20, a P/E/G ratio of 1.06 and a beta of 1.55. Integral Ad Science has a 12-month low of $6.26 and a 12-month high of $13.62. The business’s 50-day moving average price is $7.70 and its two-hundred day moving average price is $9.66.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings results on Monday, May 12th. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.02. The company had revenue of $134.07 million for the quarter, compared to analyst estimates of $129.20 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. As a group, analysts expect that Integral Ad Science will post 0.26 earnings per share for the current fiscal year.

Insider Transactions at Integral Ad Science

In related news, CEO Lisa Utzschneider sold 68,671 shares of the business’s stock in a transaction on Thursday, April 3rd. The shares were sold at an average price of $7.44, for a total value of $510,912.24. Following the transaction, the chief executive officer now owns 334,051 shares in the company, valued at $2,485,339.44. The trade was a 17.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 86,222 shares of company stock worth $636,252 over the last three months. 2.00% of the stock is owned by company insiders.

Institutional Trading of Integral Ad Science

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in shares of Integral Ad Science by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 9,090,229 shares of the company’s stock valued at $73,267,000 after purchasing an additional 41,683 shares in the last quarter. Sunriver Management LLC lifted its stake in Integral Ad Science by 12.0% in the first quarter. Sunriver Management LLC now owns 8,166,774 shares of the company’s stock valued at $65,824,000 after buying an additional 875,740 shares during the period. Alyeska Investment Group L.P. bought a new position in shares of Integral Ad Science during the 4th quarter worth approximately $41,543,000. Dimensional Fund Advisors LP grew its position in shares of Integral Ad Science by 18.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,789,996 shares of the company’s stock worth $39,567,000 after buying an additional 580,323 shares during the period. Finally, Ararat Capital Management LP grew its position in shares of Integral Ad Science by 13.4% during the 4th quarter. Ararat Capital Management LP now owns 2,281,912 shares of the company’s stock worth $23,823,000 after buying an additional 269,346 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

About Integral Ad Science

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.