Integral Ad Science Holding Corp. (NASDAQ:IAS) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. boosted its holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 7.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 595,907 shares of the company’s stock after acquiring an additional 41,528 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Integral Ad Science were worth $6,442,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. TimesSquare Capital Management LLC grew its holdings in shares of Integral Ad Science by 0.6% in the 3rd quarter. TimesSquare Capital Management LLC now owns 2,772,440 shares of the company’s stock worth $29,970,000 after acquiring an additional 17,166 shares during the last quarter. abrdn plc boosted its position in shares of Integral Ad Science by 12.5% in the third quarter. abrdn plc now owns 2,147,656 shares of the company’s stock worth $23,216,000 after buying an additional 237,930 shares during the period. Millennium Management LLC boosted its position in shares of Integral Ad Science by 10.8% in the second quarter. Millennium Management LLC now owns 1,224,138 shares of the company’s stock worth $11,899,000 after buying an additional 119,740 shares during the period. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Integral Ad Science in the second quarter worth $4,724,000. Finally, Algert Global LLC boosted its position in shares of Integral Ad Science by 12.6% in the second quarter. Algert Global LLC now owns 471,756 shares of the company’s stock worth $4,585,000 after buying an additional 52,882 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Integral Ad Science Stock Down 1.5 %

Shares of IAS opened at $10.79 on Thursday. The company has a market capitalization of $1.76 billion, a P/E ratio of 53.95, a PEG ratio of 1.51 and a beta of 1.46. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71. Integral Ad Science Holding Corp. has a one year low of $7.98 and a one year high of $17.53. The business’s 50 day simple moving average is $11.13 and its 200-day simple moving average is $10.65.

Integral Ad Science (NASDAQ:IAS) last announced its earnings results on Tuesday, November 12th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.08 by $0.02. The business had revenue of $133.50 million for the quarter, compared to the consensus estimate of $138.06 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. Integral Ad Science’s revenue was up 11.0% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.09) EPS. As a group, sell-side analysts predict that Integral Ad Science Holding Corp. will post 0.26 EPS for the current fiscal year.

Insider Transactions at Integral Ad Science

In other Integral Ad Science news, CFO Tania Secor sold 5,240 shares of the company’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of $10.11, for a total transaction of $52,976.40. Following the completion of the sale, the chief financial officer now owns 248,223 shares in the company, valued at approximately $2,509,534.53. The trade was a 2.07 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Lisa Utzschneider sold 10,481 shares of the company’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of $10.11, for a total transaction of $105,962.91. Following the completion of the sale, the chief executive officer now owns 239,709 shares of the company’s stock, valued at approximately $2,423,457.99. This represents a 4.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 16,363 shares of company stock valued at $165,629 in the last three months. 2.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently issued reports on IAS shares. Truist Financial reduced their price objective on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a research report on Wednesday, November 13th. Scotiabank initiated coverage on Integral Ad Science in a report on Thursday, December 5th. They set a “sector perform” rating and a $10.00 target price on the stock. Piper Sandler dropped their price objective on Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 13th. Craig Hallum lowered their price target on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, November 13th. Finally, Oppenheimer lowered their price target on Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 13th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $15.18.

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.