Integral Ad Science Holding Corp. (NASDAQ:IAS) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lessened its position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 42.3% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 337,444 shares of the company’s stock after selling 247,882 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Integral Ad Science were worth $3,279,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Ameritas Investment Partners Inc. grew its holdings in Integral Ad Science by 40.1% during the 1st quarter. Ameritas Investment Partners Inc. now owns 6,724 shares of the company’s stock valued at $67,000 after buying an additional 1,924 shares during the last quarter. American Trust boosted its stake in shares of Integral Ad Science by 18.0% during the first quarter. American Trust now owns 13,742 shares of the company’s stock valued at $137,000 after acquiring an additional 2,096 shares during the last quarter. Richelieu Gestion SA boosted its stake 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 acquiring an additional 5,055 shares during the last quarter. Principal Financial Group Inc. increased its position in Integral Ad Science by 9.3% during the 2nd quarter. Principal Financial Group Inc. now owns 61,108 shares of the company’s stock worth $594,000 after purchasing an additional 5,189 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in Integral Ad Science by 55.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 19,215 shares of the company’s stock valued at $192,000 after purchasing an additional 6,878 shares during the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Lisa Utzschneider sold 9,351 shares of the firm’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $10.92, for a total value of $102,112.92. Following the transaction, the chief executive officer now owns 230,218 shares of the company’s stock, valued at approximately $2,513,980.56. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CEO Lisa Utzschneider sold 9,351 shares of the company’s stock in a transaction dated Tuesday, August 6th. The stock was sold at an average price of $10.92, for a total value of $102,112.92. Following the completion of the sale, the chief executive officer now owns 230,218 shares of the company’s stock, valued at $2,513,980.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Tania Secor sold 4,564 shares of the firm’s stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $9.68, for a total value of $44,179.52. Following the sale, the chief financial officer now owns 243,101 shares in the company, valued at $2,353,217.68. The disclosure for this sale can be found here. Insiders sold a total of 27,636 shares of company stock worth $289,513 over the last ninety days. 2.00% of the stock is owned by company insiders.

Integral Ad Science Trading Up 1.2 %

IAS stock opened at $11.00 on Monday. The company has a quick ratio of 3.76, a current ratio of 3.76 and a debt-to-equity ratio of 0.10. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 1,100.00, a PEG ratio of 1.32 and a beta of 1.56. The business has a fifty day simple moving average of $10.99 and a 200-day simple moving average of $10.11. Integral Ad Science Holding Corp. has a 52 week low of $7.98 and a 52 week high of $17.53.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.02 by $0.03. Integral Ad Science had a return on equity of 0.31% and a net margin of 0.57%. The company had revenue of $129.01 million during the quarter, compared to analyst estimates of $126.31 million. During the same period in the prior year, the firm posted $0.05 earnings per share. The firm’s revenue was up 13.5% on a year-over-year basis. On average, equities research analysts expect that Integral Ad Science Holding Corp. will post 0.29 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on IAS shares. Morgan Stanley lifted 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 report on Tuesday, July 23rd. Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a research note on Monday, August 5th. Raymond James increased their price target on Integral Ad Science from $13.00 to $15.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Finally, Barclays lifted their price objective on Integral Ad Science from $12.00 to $13.00 and gave the company an “equal weight” rating in a research report on Monday, August 5th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.40.

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.