Integral Ad Science Holding Corp. (NASDAQ:IAS) Receives $16.20 Consensus PT from Analysts

Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) have been given a consensus rating of “Moderate Buy” by the eleven analysts that are currently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $15.70.

A number of research firms have commented on IAS. Raymond James lifted 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 report on Friday, August 2nd. Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a research report on Thursday, November 14th. Piper Sandler cut their target price on shares of Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating for the company in a research report on Wednesday, November 13th. Truist Financial cut their target price on shares of 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. Finally, Oppenheimer cut their target price on shares of Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating for the company in a research report on Wednesday, November 13th.

Insider Buying and Selling

In related news, 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 value of $105,962.91. Following the completion of the transaction, 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 sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Tania Secor sold 5,240 shares of the company’s stock in a transaction on Monday, October 7th. The stock was sold at an average price of $10.11, for a total transaction of $52,976.40. Following the completion of the transaction, the chief financial officer now directly owns 248,223 shares of the company’s stock, valued at $2,509,534.53. This represents a 2.07 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 23,006 shares of company stock valued at $240,296. Company insiders own 2.00% of the company’s stock.

Institutional Trading of Integral Ad Science

Several hedge funds have recently bought and sold shares of the stock. Point72 DIFC Ltd bought a new position in shares of Integral Ad Science during the 3rd quarter valued at about $41,000. nVerses Capital LLC bought a new position in shares of Integral Ad Science during the 3rd quarter valued at about $45,000. Ameritas Investment Partners Inc. boosted its holdings in shares of Integral Ad Science by 40.1% during the 1st 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 last quarter. Quantbot Technologies LP bought a new position in shares of Integral Ad Science during the 3rd quarter valued at about $106,000. Finally, XTX Topco Ltd bought a new position in shares of Integral Ad Science during the 2nd quarter valued at about $113,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Integral Ad Science Price Performance

Shares of NASDAQ IAS opened at $10.64 on Wednesday. Integral Ad Science has a twelve month low of $7.98 and a twelve month high of $17.53. The firm has a market cap of $1.73 billion, a P/E ratio of 53.20, a PEG ratio of 1.40 and a beta of 1.52. The company has a 50 day moving average of $11.08 and a 200 day moving average of $10.49. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings data on Tuesday, November 12th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The company had revenue of $133.50 million during the quarter, compared to analyst estimates of $138.06 million. During the same period in the previous year, the business earned ($0.09) EPS. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. As a group, research analysts expect that Integral Ad Science will post 0.26 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.