Principal Financial Group Inc. Boosts Stake in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Principal Financial Group Inc. increased its holdings in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 9.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 61,108 shares of the company’s stock after acquiring an additional 5,189 shares during the quarter. Principal Financial Group Inc.’s holdings in Integral Ad Science were worth $594,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Ameritas Investment Partners Inc. grew its holdings in shares of Integral Ad Science by 40.1% in the first quarter. Ameritas Investment Partners Inc. now owns 6,724 shares of the company’s stock valued at $67,000 after purchasing an additional 1,924 shares during the period. ProShare Advisors LLC acquired a new position in Integral Ad Science in the 1st quarter valued at about $121,000. American Trust grew its stake in shares of Integral Ad Science by 18.0% in the 1st quarter. American Trust now owns 13,742 shares of the company’s stock valued at $137,000 after buying an additional 2,096 shares during the period. M&T Bank Corp grew its stake in shares of Integral Ad Science by 5.6% in the 4th quarter. M&T Bank Corp now owns 14,430 shares of the company’s stock valued at $207,000 after buying an additional 770 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Integral Ad Science by 55.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 19,215 shares of the company’s stock worth $192,000 after buying an additional 6,878 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Barclays increased their price objective on 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. Benchmark reiterated a “hold” rating on shares of Integral Ad Science in a report on Monday, August 5th. Morgan Stanley boosted 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 report on Tuesday, July 23rd. Finally, Raymond James increased their target price on shares of Integral Ad Science from $13.00 to $15.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $16.36.

Insider Buying and Selling

In other news, CFO Tania Secor sold 6,643 shares of Integral Ad Science stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $11.24, for a total value of $74,667.32. Following the completion of the transaction, the chief financial officer now owns 251,366 shares in the company, valued at approximately $2,825,353.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CFO Tania Secor sold 6,643 shares of the firm’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $11.24, for a total value of $74,667.32. Following the sale, the chief financial officer now directly owns 251,366 shares in the company, valued at approximately $2,825,353.84. The sale was disclosed in a document filed 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 on Monday, July 8th. The stock was sold at an average price of $9.68, for a total transaction of $62,387.60. Following the sale, the chief executive officer now directly owns 214,563 shares of the company’s stock, valued at $2,076,969.84. The disclosure for this sale can be found here. Insiders sold 27,636 shares of company stock valued at $289,513 in the last three months. 2.00% of the stock is owned by corporate insiders.

Integral Ad Science Trading Up 0.3 %

NASDAQ IAS opened at $10.93 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.76 and a current ratio of 3.76. The firm has a market cap of $1.76 billion, a price-to-earnings ratio of 1,094.09, a PEG ratio of 1.29 and a beta of 1.56. The firm has a 50 day simple moving average of $10.79 and a 200-day simple moving average of $10.07. Integral Ad Science Holding Corp. has a one year low of $7.98 and a one year high of $17.53.

Integral Ad Science (NASDAQ:IAS) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.02 by $0.03. Integral Ad Science had a net margin of 0.57% and a return on equity of 0.31%. The company had revenue of $129.01 million during the quarter, compared to analysts’ expectations of $126.31 million. During the same quarter last year, the company posted $0.05 EPS. The firm’s revenue was up 13.5% compared to the same quarter last year. Equities research analysts anticipate that Integral Ad Science Holding Corp. will post 0.29 EPS for the current fiscal 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.