Integral Ad Science Holding Corp. (NASDAQ:IAS) Short Interest Update

Integral Ad Science Holding Corp. (NASDAQ:IAS) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 6,070,000 shares, a drop of 8.4% from the July 15th total of 6,630,000 shares. Approximately 8.4% of the shares of the company are sold short. Based on an average daily trading volume, of 1,650,000 shares, the days-to-cover ratio is presently 3.7 days.

Insider Buying and Selling

In other Integral Ad Science news, CFO Tania Secor sold 4,564 shares of Integral Ad Science stock in a transaction that occurred on Monday, July 8th. The shares were sold at an average price of $9.68, for a total transaction of $44,179.52. Following the transaction, the chief financial officer now owns 243,101 shares of the company’s stock, valued at $2,353,217.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Integral Ad Science news, CFO Tania Secor sold 4,564 shares of Integral Ad Science stock in a transaction that occurred on Monday, July 8th. The shares were sold at an average price of $9.68, for a total transaction of $44,179.52. Following the transaction, the chief financial officer now owns 243,101 shares of the company’s stock, valued at $2,353,217.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Lisa Utzschneider sold 6,445 shares of Integral Ad Science stock in a transaction that occurred on Monday, July 8th. The shares were sold at an average price of $9.68, for a total transaction of $62,387.60. Following the transaction, the chief executive officer now directly owns 214,563 shares in the company, valued at approximately $2,076,969.84. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 23,785 shares of company stock valued at $240,225. 2.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of IAS. Ameritas Investment Partners Inc. increased its position in Integral Ad Science by 40.1% during the first 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. XTX Topco Ltd purchased a new stake in shares of Integral Ad Science during the second quarter valued at $113,000. ProShare Advisors LLC purchased a new stake in shares of Integral Ad Science during the first quarter valued at $121,000. Edgestream Partners L.P. purchased a new stake in shares of Integral Ad Science during the second quarter valued at $125,000. Finally, 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 purchasing an additional 2,096 shares during the period. Institutional investors own 95.78% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Morgan Stanley lifted their price objective on shares of Integral Ad Science from $12.00 to $13.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 23rd. Barclays lifted their price objective on shares of 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. Raymond James lifted their price objective on shares of Integral Ad Science from $13.00 to $15.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. Craig Hallum reduced their price objective on shares of Integral Ad Science from $20.00 to $18.00 and set a “buy” rating on the stock in a research report on Friday, May 10th. Finally, Loop Capital began coverage on shares of Integral Ad Science in a research report on Tuesday, April 30th. They issued a “buy” rating and a $15.00 price target on the stock. Three analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.36.

Integral Ad Science Trading Up 3.0 %

IAS stock opened at $11.29 on Tuesday. The company has a quick ratio of 4.32, a current ratio of 4.32 and a debt-to-equity ratio of 0.13. Integral Ad Science has a twelve month low of $7.98 and a twelve month high of $17.53. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 1,129.00, a price-to-earnings-growth ratio of 1.47 and a beta of 1.54. The firm’s fifty day simple moving average is $10.13 and its two-hundred day simple moving average is $10.63.

Integral Ad Science (NASDAQ:IAS) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. Integral Ad Science had a net margin of 0.57% and a return on equity of 0.32%. The business had revenue of $129.01 million for the quarter, compared to analysts’ expectations of $126.31 million. During the same quarter in the previous year, the business posted $0.05 earnings per share. The business’s revenue was up 13.5% compared to the same quarter last year. As a group, analysts anticipate that Integral Ad Science will post 0.22 earnings per share for the current year.

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.