Integral Ad Science Holding Corp. (NASDAQ:IAS) CEO Lisa Utzschneider Sells 5,940 Shares

Integral Ad Science Holding Corp. (NASDAQ:IAS) CEO Lisa Utzschneider sold 5,940 shares of the stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $9.75, for a total value of $57,915.00. Following the completion of the sale, the chief executive officer now owns 266,926 shares in the company, valued at approximately $2,602,528.50. The trade was a 2.18 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Integral Ad Science Price Performance

Shares of IAS stock opened at $9.79 on Friday. The stock’s 50-day moving average is $10.89 and its 200 day moving average is $10.78. Integral Ad Science Holding Corp. has a 1-year low of $7.98 and a 1-year high of $17.53. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71. The company has a market cap of $1.59 billion, a P/E ratio of 48.95, a PEG ratio of 1.46 and a beta of 1.46.

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

Wall Street Analyst Weigh In

Several research analysts recently commented on IAS shares. Truist Financial reduced their price target on shares of 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. 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. Craig Hallum lowered their price target on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday, November 13th. Oppenheimer reduced their price objective on Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating on the stock in a report on Wednesday, November 13th. Finally, Scotiabank began coverage on Integral Ad Science in a research report on Thursday, December 5th. They set a “sector perform” rating and a $10.00 price target on the stock. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $15.18.

Hedge Funds Weigh In On Integral Ad Science

Several institutional investors and hedge funds have recently bought and sold shares of the company. Bank of New York Mellon Corp boosted its position in shares of Integral Ad Science by 30.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 274,734 shares of the company’s stock worth $2,670,000 after purchasing an additional 63,839 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in Integral Ad Science by 9.3% in the second quarter. Principal Financial Group Inc. now owns 61,108 shares of the company’s stock worth $594,000 after acquiring an additional 5,189 shares in the last quarter. Rhumbline Advisers boosted its holdings in Integral Ad Science by 41.2% in the second quarter. Rhumbline Advisers now owns 106,697 shares of the company’s stock worth $1,037,000 after acquiring an additional 31,145 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of Integral Ad Science by 80.8% during the second quarter. Victory Capital Management Inc. now owns 49,601 shares of the company’s stock valued at $482,000 after acquiring an additional 22,160 shares in the last quarter. Finally, Federated Hermes Inc. acquired a new position in shares of Integral Ad Science during the second quarter valued at about $219,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

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.