Voya Investment Management LLC reduced its holdings in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS – Free Report) by 11.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,520 shares of the company’s stock after selling 5,155 shares during the quarter. Voya Investment Management LLC’s holdings in Integral Ad Science were worth $402,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in IAS. Jennison Associates LLC raised its position in Integral Ad Science by 3.3% during the fourth quarter. Jennison Associates LLC now owns 63,538 shares of the company’s stock worth $663,000 after acquiring an additional 2,046 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in Integral Ad Science by 8.0% in the 4th quarter. Oppenheimer & Co. Inc. now owns 28,040 shares of the company’s stock valued at $293,000 after purchasing an additional 2,069 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Integral Ad Science by 7.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 31,807 shares of the company’s stock worth $332,000 after purchasing an additional 2,188 shares during the period. Arizona State Retirement System increased its position in Integral Ad Science by 12.5% during the fourth quarter. Arizona State Retirement System now owns 23,404 shares of the company’s stock worth $244,000 after buying an additional 2,601 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its position in shares of Integral Ad Science by 8.9% in the fourth quarter. Victory Capital Management Inc. now owns 32,880 shares of the company’s stock valued at $343,000 after buying an additional 2,695 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
IAS has been the subject of a number of research analyst reports. Truist Financial lifted their price objective on shares of Integral Ad Science from $16.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday, March 3rd. Morgan Stanley lowered their price target on shares of Integral Ad Science from $13.50 to $12.50 and set an “equal weight” rating on the stock in a report on Thursday, April 17th. Raymond James reduced their price objective on Integral Ad Science from $16.00 to $11.00 and set an “outperform” rating for the company in a report on Monday, May 5th. Robert W. Baird reiterated a “neutral” rating and set a $9.00 target price (down previously from $16.00) on shares of Integral Ad Science in a research note on Friday, March 28th. Finally, Baird R W lowered Integral Ad Science from a “strong-buy” rating to a “hold” rating in a report on Friday, March 28th. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $13.15.
Insider Buying and Selling
In other Integral Ad Science news, CEO Lisa Utzschneider sold 8,367 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer now 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 86,222 shares of company stock worth $636,252 in the last ninety days. 2.00% of the stock is owned by insiders.
Integral Ad Science Stock Down 0.9 %
IAS stock opened at $7.72 on Friday. Integral Ad Science Holding Corp. has a 52 week low of $6.26 and a 52 week high of $13.62. The business has a 50-day simple moving average of $7.86 and a 200 day simple moving average of $9.74. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07. The company has a market cap of $1.26 billion, a PE ratio of 38.60, a price-to-earnings-growth ratio of 1.06 and a beta of 1.55.
Integral Ad Science (NASDAQ:IAS – Get Free Report) last issued its quarterly earnings results on Friday, February 28th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.03). The firm had revenue of $153.00 million for the quarter, compared to the consensus estimate of $148.83 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The business’s revenue was up 13.9% on a year-over-year basis. During the same period last year, the company posted $0.06 EPS. Sell-side analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 EPS for the current fiscal 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.
Recommended Stories
- Five stocks we like better than Integral Ad Science
- CD Calculator: Certificate of Deposit Calculator
- GlobalFoundries Stock Hits Bottom: Is a Rebound Coming?
- The Significance of Brokerage Rankings in Stock Selection
- Here’s The Reason Goldman Sachs Is Bullish On MercadoLibre Stock
- How to Invest in the FAANG Stocks
- Analyst-Favorite Bitcoin Miner CleanSpark: Worth the Hype?
Want to see what other hedge funds are holding IAS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Integral Ad Science Holding Corp. (NASDAQ:IAS – Free Report).
Receive News & Ratings for Integral Ad Science Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Integral Ad Science and related companies with MarketBeat.com's FREE daily email newsletter.