Insider Selling: Integral Ad Science Holding Corp. (NASDAQ:IAS) CEO Sells 8,367 Shares of Stock

Integral Ad Science Holding Corp. (NASDAQ:IAS) CEO Lisa Utzschneider sold 8,367 shares of the business’s stock in a transaction on Wednesday, May 7th. The stock was sold at an average price of $7.37, for a total transaction of $61,664.79. Following the completion of the sale, the chief executive officer now directly owns 349,574 shares of the company’s stock, valued at approximately $2,576,360.38. The trade was a 2.34 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Lisa Utzschneider also recently made the following trade(s):

• On Monday, April 7th, Lisa Utzschneider sold 8,547 shares of Integral Ad Science stock. The shares were sold at an average price of $6.85, for a total transaction of $58,546.95.
• On Thursday, April 3rd, Lisa Utzschneider sold 68,671 shares of Integral Ad Science stock. The shares were sold at an average price of $7.44, for a total transaction of $510,912.24.

Integral Ad Science Stock Down 0.9 %

Shares of NASDAQ IAS opened at $7.72 on Friday. Integral Ad Science Holding Corp. has a 1 year low of $6.26 and a 1 year high of $13.62. The company has a market capitalization of $1.26 billion, a P/E ratio of 38.60, a P/E/G ratio of 1.06 and a beta of 1.55. The company has a 50 day simple moving average of $7.86 and a 200-day simple moving average of $9.75. 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 (NASDAQ:IAS) last posted its earnings results on Friday, February 28th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.03). The business had revenue of $153.00 million during the quarter, compared to analysts’ expectations of $148.83 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. Integral Ad Science’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.06 EPS. On average, equities research analysts predict that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in shares of Integral Ad Science by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 9,090,229 shares of the company’s stock worth $73,267,000 after purchasing an additional 41,683 shares during the period. Alyeska Investment Group L.P. purchased a new position in shares of Integral Ad Science during the fourth quarter worth $41,543,000. Dimensional Fund Advisors LP grew its stake in shares of Integral Ad Science by 18.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,789,996 shares of the company’s stock valued at $39,567,000 after buying an additional 580,323 shares in the last quarter. Ararat Capital Management LP raised its holdings in shares of Integral Ad Science by 13.4% in the 4th quarter. Ararat Capital Management LP now owns 2,281,912 shares of the company’s stock valued at $23,823,000 after buying an additional 269,346 shares during the period. Finally, Nuveen Asset Management LLC raised its holdings in shares of Integral Ad Science by 0.8% in the 4th quarter. Nuveen Asset Management LLC now owns 1,920,523 shares of the company’s stock valued at $20,050,000 after buying an additional 15,432 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Truist Financial increased their target price on Integral Ad Science from $16.00 to $17.00 and gave the company a “buy” rating in a report on Monday, March 3rd. Robert W. Baird restated a “neutral” rating and issued a $9.00 price objective (down previously from $16.00) on shares of Integral Ad Science in a report on Friday, March 28th. Morgan Stanley dropped their target price on shares of Integral Ad Science from $13.50 to $12.50 and set an “equal weight” rating for the company in a report on Thursday, April 17th. Baird R W downgraded shares of Integral Ad Science from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 28th. Finally, Scotiabank started coverage on shares of Integral Ad Science in a research note on Friday, February 28th. They set a “sector perform” rating and a $12.00 price objective for the company. Six research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $13.15.

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.