Integral Ad Science Holding Corp. (NASDAQ:IAS) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) have been assigned an average rating of “Moderate Buy” from the eleven ratings firms that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $16.40.

Several equities analysts have recently commented on IAS shares. Morgan Stanley boosted their price objective on 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. Raymond James boosted their price objective on Integral Ad Science from $13.00 to $15.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. Barclays boosted their price objective on 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. Finally, Benchmark restated a “hold” rating on shares of Integral Ad Science in a research report on Monday, August 5th.

Insider Transactions at Integral Ad Science

In other news, CFO Tania Secor sold 4,564 shares of Integral Ad Science stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $9.68, for a total value of $44,179.52. Following the sale, the chief financial officer now directly 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 at the SEC website. In other news, CFO Tania Secor sold 4,564 shares of Integral Ad Science stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $9.68, for a total value of $44,179.52. Following the sale, the chief financial officer now directly 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 at the SEC website. Also, CEO Lisa Utzschneider sold 9,351 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $10.92, for a total value of $102,112.92. Following the sale, the chief executive officer now owns 230,218 shares in the company, valued at $2,513,980.56. The disclosure for this sale can be found here. Over the last three months, insiders have sold 27,636 shares of company stock valued at $289,513. 2.00% of the stock is currently owned by insiders.

Institutional Investors 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. raised 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 purchasing an additional 1,924 shares during the period. XTX Topco Ltd purchased a new stake in shares of Integral Ad Science in the second quarter worth approximately $113,000. ProShare Advisors LLC purchased a new stake in shares of Integral Ad Science in the first quarter worth approximately $121,000. Edgestream Partners L.P. purchased a new stake in shares of Integral Ad Science in the second quarter worth approximately $125,000. Finally, American Trust raised its holdings in shares of Integral Ad Science by 18.0% in the first quarter. American Trust now owns 13,742 shares of the company’s stock worth $137,000 after buying an additional 2,096 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Integral Ad Science Price Performance

NASDAQ IAS opened at $11.00 on Friday. The company has a market capitalization of $1.77 billion, a PE ratio of 1,100.00, a price-to-earnings-growth ratio of 1.32 and a beta of 1.56. 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 business’s fifty day moving average is $10.99 and its 200 day moving average is $10.10. Integral Ad Science has a fifty-two week low of $7.98 and a fifty-two week high of $17.53.

Integral Ad Science (NASDAQ:IAS) last released its earnings results on Thursday, August 1st. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.03. The company had revenue of $129.01 million for the quarter, compared to the consensus estimate of $126.31 million. Integral Ad Science had a return on equity of 0.31% and a net margin of 0.57%. Integral Ad Science’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.05 earnings per share. Sell-side analysts predict that Integral Ad Science will post 0.29 earnings per share for the current year.

Integral Ad Science Company Profile

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.