Tania Secor Sells 4,564 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) Stock

Integral Ad Science Holding Corp. (NASDAQ:IAS) CFO Tania Secor sold 4,564 shares of the business’s stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $9.68, for a total transaction of $44,179.52. Following the completion of the transaction, the chief financial officer now owns 243,101 shares in the company, valued at $2,353,217.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Integral Ad Science Trading Down 0.5 %

IAS opened at $9.60 on Thursday. Integral Ad Science Holding Corp. has a fifty-two week low of $7.98 and a fifty-two week high of $20.88. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 960.96, a price-to-earnings-growth ratio of 1.69 and a beta of 1.53. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.32 and a quick ratio of 4.32. The firm has a 50 day simple moving average of $9.55 and a 200 day simple moving average of $11.49.

Integral Ad Science (NASDAQ:IAS) last posted its quarterly earnings results on Thursday, May 9th. The company reported ($0.01) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.01). Integral Ad Science had a return on equity of 0.32% and a net margin of 0.59%. The company had revenue of $114.50 million for the quarter, compared to the consensus estimate of $112.12 million. During the same quarter in the prior year, the business posted $0.02 EPS. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. On average, sell-side analysts anticipate that Integral Ad Science Holding Corp. will post 0.22 earnings per share for the current year.

Hedge Funds Weigh In On Integral Ad Science

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in IAS. Ameritas Investment Partners Inc. increased its stake in shares of Integral Ad Science by 40.1% in the 1st quarter. Ameritas Investment Partners Inc. now owns 6,724 shares of the company’s stock valued at $67,000 after acquiring an additional 1,924 shares during the last quarter. ProShare Advisors LLC acquired a new position in Integral Ad Science during the first quarter valued at approximately $121,000. American Trust increased its stake in Integral Ad Science by 18.0% in the first quarter. American Trust now owns 13,742 shares of the company’s stock valued at $137,000 after purchasing an additional 2,096 shares in the last quarter. Vontobel Holding Ltd. acquired a new stake in Integral Ad Science in the fourth quarter worth $176,000. Finally, Price T Rowe Associates Inc. MD boosted its position in shares of Integral Ad Science by 55.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 19,215 shares of the company’s stock worth $192,000 after purchasing an additional 6,878 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on IAS. Craig Hallum cut their target price on shares of Integral Ad Science from $20.00 to $18.00 and set a “buy” rating for the company in a research note on Friday, May 10th. Morgan Stanley reissued an “equal weight” rating and issued a $12.00 price objective (down previously from $18.00) on shares of Integral Ad Science in a research note on Tuesday, April 16th. Raymond James decreased their target price on Integral Ad Science from $16.00 to $13.00 and set an “outperform” rating on the stock in a report on Friday, May 10th. Barclays cut their price target on Integral Ad Science from $16.00 to $12.00 and set an “equal weight” rating for the company in a report on Monday, April 15th. Finally, Benchmark reissued a “hold” rating on shares of Integral Ad Science in a report on Tuesday, May 7th. Three equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.77.

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.