PDT Partners LLC Sells 81,181 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

PDT Partners LLC lessened its holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 28.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 202,032 shares of the company’s stock after selling 81,181 shares during the quarter. PDT Partners LLC owned 0.12% of Integral Ad Science worth $2,109,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. ClearAlpha Technologies LP acquired a new stake in shares of Integral Ad Science in the 4th quarter valued at approximately $143,000. PEAK6 LLC bought a new stake in Integral Ad Science during the fourth quarter worth $146,000. Handelsbanken Fonder AB acquired a new stake in Integral Ad Science in the fourth quarter valued at $162,000. XTX Topco Ltd bought a new position in shares of Integral Ad Science in the 4th quarter valued at about $172,000. Finally, Cornerstone Investment Partners LLC acquired a new position in shares of Integral Ad Science during the 4th quarter worth about $187,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Activity at Integral Ad Science

In other Integral Ad Science news, CEO Lisa Utzschneider sold 8,547 shares of the business’s stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of $6.85, for a total transaction of $58,546.95. Following the completion of the transaction, the chief executive officer now directly owns 341,271 shares in the company, valued at $2,337,706.35. The trade was a 2.44 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 90,303 shares of company stock valued at $706,660 over the last quarter. 2.00% of the stock is owned by corporate insiders.

Integral Ad Science Stock Performance

NASDAQ IAS opened at $7.22 on Wednesday. Integral Ad Science Holding Corp. has a 12-month low of $6.26 and a 12-month high of $13.62. The firm has a 50-day moving average price of $8.32 and a two-hundred day moving average price of $9.93. The company has a market capitalization of $1.18 billion, a P/E ratio of 36.10, a P/E/G ratio of 1.06 and a beta of 1.53. 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 issued its quarterly earnings results on Friday, February 28th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.03). The company had revenue of $153.00 million for the quarter, compared to analyst estimates of $148.83 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The company’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.06 EPS. Analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Analyst Ratings Changes

IAS has been the subject of several recent analyst reports. 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. Stifel Nicolaus cut their price objective on Integral Ad Science from $15.00 to $13.00 and set a “buy” rating for the company in a research report on Wednesday, April 23rd. Robert W. Baird reissued a “neutral” rating and set a $9.00 target price (down from $16.00) on shares of Integral Ad Science in a report on Friday, March 28th. Oppenheimer reaffirmed an “outperform” rating on shares of Integral Ad Science in a report on Friday, February 28th. Finally, Benchmark reiterated a “hold” rating on shares of Integral Ad Science in a report on Friday, February 28th. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $13.68.

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.