Integral Ad Science Holding Corp. (NASDAQ:IAS) Given Consensus Recommendation of “Moderate Buy” by Analysts

Integral Ad Science Holding Corp. (NASDAQ:IAS) has been assigned a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $15.70.

IAS has been the subject of several analyst reports. Truist Financial decreased their price objective on shares of Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday, November 13th. Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a research report on Thursday, November 14th. Oppenheimer reduced their target price on shares of Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 13th. Barclays raised their target price on shares of Integral Ad Science from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Monday, August 5th. Finally, Piper Sandler reduced their target price on shares of Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 13th.

Integral Ad Science Stock Up 1.9 %

Shares of NASDAQ:IAS opened at $10.64 on Wednesday. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07. Integral Ad Science has a 12 month low of $7.98 and a 12 month high of $17.53. The company has a 50-day moving average price of $11.08 and a 200 day moving average price of $10.49. The company has a market cap of $1.73 billion, a price-to-earnings ratio of 53.20, a PEG ratio of 1.40 and a beta of 1.52.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings results on Tuesday, November 12th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.02. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The firm had revenue of $133.50 million during the quarter, compared to the consensus estimate of $138.06 million. During the same quarter last year, the firm earned ($0.09) EPS. The firm’s revenue for the quarter was up 11.0% compared to the same quarter last year. As a group, equities research analysts predict that Integral Ad Science will post 0.26 earnings per share for the current year.

Insiders Place Their Bets

In other Integral Ad Science news, CFO Tania Secor sold 5,240 shares of Integral Ad Science stock in a transaction on Monday, October 7th. The shares were sold at an average price of $10.11, for a total value of $52,976.40. Following the transaction, the chief financial officer now directly owns 248,223 shares of the company’s stock, valued at approximately $2,509,534.53. The trade was a 2.07 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lisa Utzschneider sold 10,481 shares of Integral Ad Science stock in a transaction on Monday, October 7th. The stock was sold at an average price of $10.11, for a total transaction of $105,962.91. Following the completion of the transaction, the chief executive officer now directly owns 239,709 shares in the company, valued at $2,423,457.99. This represents a 4.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 23,006 shares of company stock valued at $240,296. 2.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Integral Ad Science

Several institutional investors and hedge funds have recently made changes to their positions in IAS. Swiss National Bank lifted its stake in shares of Integral Ad Science by 30.2% during the first quarter. Swiss National Bank now owns 140,600 shares of the company’s stock worth $1,402,000 after buying an additional 32,600 shares during the period. ProShare Advisors LLC acquired a new stake in shares of Integral Ad Science during the first quarter worth $121,000. Jupiter Asset Management Ltd. acquired a new stake in shares of Integral Ad Science during the first quarter worth $3,257,000. Vanguard Group Inc. lifted its stake in shares of Integral Ad Science by 7.0% during the first quarter. Vanguard Group Inc. now owns 8,673,229 shares of the company’s stock worth $86,472,000 after buying an additional 566,982 shares during the period. Finally, Ameritas Investment Partners Inc. lifted its stake in shares of Integral Ad Science by 40.1% during the first quarter. Ameritas Investment Partners Inc. now owns 6,724 shares of the company’s stock worth $67,000 after buying an additional 1,924 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

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.