Integral Ad Science Holding Corp. (NASDAQ:IAS) Shares Bought by Swiss National Bank

Swiss National Bank raised its holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 12.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 158,700 shares of the company’s stock after acquiring an additional 18,100 shares during the period. Swiss National Bank’s holdings in Integral Ad Science were worth $1,657,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Intech Investment Management LLC acquired a new position in shares of Integral Ad Science during the 3rd quarter valued at $199,000. Charles Schwab Investment Management Inc. grew its stake in shares of Integral Ad Science by 7.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 595,907 shares of the company’s stock valued at $6,442,000 after buying an additional 41,528 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Integral Ad Science during the third quarter valued at approximately $180,000. Quantbot Technologies LP acquired a new position in Integral Ad Science in the 3rd quarter worth $106,000. Finally, PEAK6 Investments LLC purchased a new position in Integral Ad Science in the third quarter valued at about $213,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Integral Ad Science Stock Performance

NASDAQ IAS opened at $8.24 on Friday. The company’s fifty day moving average is $10.01 and its two-hundred day moving average is $10.55. 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 firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 41.20, a P/E/G ratio of 1.06 and a beta of 1.45. Integral Ad Science Holding Corp. has a 52-week low of $7.98 and a 52-week high of $13.62.

Integral Ad Science (NASDAQ:IAS) last issued its earnings results on Friday, February 28th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.03). The business had revenue of $153.00 million for the quarter, compared to analyst estimates 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 was up 13.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.06 earnings per share. Equities research analysts forecast that Integral Ad Science Holding Corp. will post 0.26 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have commented on the stock. Oppenheimer reiterated an “outperform” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Morgan Stanley restated a “mixed” rating on shares of Integral Ad Science in a research report on Monday, March 3rd. Truist Financial boosted their price objective on Integral Ad Science from $16.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday, March 3rd. Scotiabank began 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 on the stock. Finally, Benchmark reissued a “hold” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Four research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, Integral Ad Science has an average rating of “Moderate Buy” and an average target price of $14.45.

Insider Transactions at Integral Ad Science

In other news, CEO Lisa Utzschneider sold 12,448 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $10.61, for a total transaction of $132,073.28. Following the sale, the chief executive officer now owns 278,650 shares in the company, valued at approximately $2,956,476.50. This represents a 4.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last quarter, insiders have sold 19,109 shares of company stock valued at $197,696. 2.00% of the stock is owned by insiders.

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.