Integral Ad Science (NASDAQ:IAS) Receives Hold Rating from Benchmark

Benchmark restated their hold rating on shares of Integral Ad Science (NASDAQ:IAS) in a research report released on Thursday,Benzinga reports.

IAS has been the topic of several other research reports. Raymond James lifted their price objective on Integral Ad Science from $13.00 to $15.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Morgan Stanley upped their price target on shares of Integral Ad Science from $12.00 to $13.00 and gave the company an “equal weight” rating in a report on Tuesday, July 23rd. Piper Sandler dropped their price objective on shares of Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating on the stock in a report on Wednesday. Craig Hallum reduced 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 note on Wednesday. Finally, Oppenheimer lowered their target price on Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating for the company in a report on Wednesday. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $15.70.

Integral Ad Science Stock Down 6.1 %

Shares of NASDAQ:IAS opened at $10.11 on Thursday. The company has a 50 day moving average price of $11.09 and a two-hundred day moving average price of $10.47. The company has a market capitalization of $1.64 billion, a PE ratio of 50.55, a PEG ratio of 1.40 and a beta of 1.52. Integral Ad Science has a 52 week low of $7.98 and a 52 week high of $17.53. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.76 and a current ratio of 3.71.

Integral Ad Science (NASDAQ:IAS) last issued its quarterly earnings data on Tuesday, November 12th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.08 by $0.02. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The business had revenue of $133.50 million for the quarter, compared to the consensus estimate of $138.06 million. During the same quarter last year, the business posted ($0.09) EPS. The firm’s revenue was up 11.0% compared to the same quarter last year. Analysts forecast that Integral Ad Science will post 0.26 earnings per share for the current year.

Insider Transactions at Integral Ad Science

In other Integral Ad Science news, CEO Lisa Utzschneider sold 10,481 shares of the 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 sale, the chief executive officer now owns 239,709 shares in the company, valued at $2,423,457.99. This trade represents a 4.19 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Tania Secor sold 5,240 shares of the company’s stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $10.11, for a total transaction of $52,976.40. Following the completion of the sale, the chief financial officer now directly owns 248,223 shares in the company, valued at approximately $2,509,534.53. The trade was a 2.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 23,006 shares of company stock worth $240,296 in the last three months. Insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Integral Ad Science

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of Integral Ad Science by 7.0% in the first quarter. Vanguard Group Inc. now owns 8,673,229 shares of the company’s stock valued at $86,472,000 after buying an additional 566,982 shares during the last quarter. Clearbridge Investments LLC lifted its holdings in Integral Ad Science by 11.8% during the 1st quarter. Clearbridge Investments LLC now owns 3,906,652 shares of the company’s stock valued at $38,949,000 after purchasing an additional 412,044 shares during the last quarter. TimesSquare Capital Management LLC boosted its position in Integral Ad Science by 0.6% during the third quarter. TimesSquare Capital Management LLC now owns 2,772,440 shares of the company’s stock worth $29,970,000 after purchasing an additional 17,166 shares during the period. abrdn plc increased its holdings in shares of Integral Ad Science by 12.5% in the third quarter. abrdn plc now owns 2,147,656 shares of the company’s stock valued at $23,216,000 after purchasing an additional 237,930 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Integral Ad Science by 6.4% in the third quarter. Geode Capital Management LLC now owns 1,834,659 shares of the company’s stock valued at $19,836,000 after purchasing an additional 110,149 shares during the period. Institutional investors own 95.78% of the company’s stock.

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.