Horrell Capital Management Inc. Increases Holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Horrell Capital Management Inc. increased its holdings in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 26.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 190,000 shares of the company’s stock after purchasing an additional 40,000 shares during the quarter. Horrell Capital Management Inc.’s holdings in Integral Ad Science were worth $1,984,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Point72 DIFC Ltd bought a new stake in shares of Integral Ad Science in the third quarter worth about $41,000. Quantbot Technologies LP purchased a new position in Integral Ad Science during the 3rd quarter valued at approximately $106,000. Public Employees Retirement System of Ohio bought a new stake in Integral Ad Science in the 3rd quarter worth approximately $138,000. Handelsbanken Fonder AB purchased a new stake in shares of Integral Ad Science during the 4th quarter worth approximately $162,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Integral Ad Science during the 3rd quarter valued at approximately $180,000. Institutional investors own 95.78% of the company’s stock.

Integral Ad Science Trading Down 1.0 %

IAS opened at $8.90 on Monday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.71 and a current ratio of 3.71. The stock’s 50 day moving average price is $10.12 and its 200-day moving average price is $10.63. Integral Ad Science Holding Corp. has a one year low of $7.98 and a one year high of $13.62. The stock has a market cap of $1.46 billion, a price-to-earnings ratio of 44.50, a P/E/G ratio of 1.06 and a beta of 1.45.

Integral Ad Science (NASDAQ:IAS) last released its 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 business had revenue of $153.00 million during the quarter, compared to analysts’ expectations 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 for the quarter was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.06 EPS. On average, equities analysts forecast that Integral Ad Science Holding Corp. will post 0.26 EPS for the current year.

Analyst Ratings Changes

Several brokerages recently weighed in on IAS. Barclays restated an “equal weight” rating on shares of Integral Ad Science in a research report on Friday, February 28th. Oppenheimer restated an “outperform” rating on shares of Integral Ad Science in a research report on Friday, February 28th. Truist Financial increased their price target on shares of Integral Ad Science from $16.00 to $17.00 and gave the company a “buy” rating in a report on Monday, March 3rd. Scotiabank assumed coverage on 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 reaffirmed a “hold” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $15.06.

Insider Buying and Selling at Integral Ad Science

In other Integral Ad Science news, CEO Lisa Utzschneider sold 12,448 shares of Integral Ad Science 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 completion of the sale, the chief executive officer now directly owns 278,650 shares of the company’s stock, valued at $2,956,476.50. The trade was a 4.28 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 19,109 shares of company stock valued at $197,696 in the last three months. Company insiders own 2.00% 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.