Integral Ad Science Holding Corp. (NASDAQ:IAS) Short Interest Update

Integral Ad Science Holding Corp. (NASDAQ:IAS) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 5,560,000 shares, a drop of 5.1% from the August 31st total of 5,860,000 shares. Currently, 7.7% of the company’s shares are sold short. Based on an average trading volume of 915,800 shares, the short-interest ratio is presently 6.1 days.

Wall Street Analyst Weigh In

IAS has been the topic of a number of analyst reports. Barclays increased 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 research report on Monday, August 5th. Benchmark reiterated a “hold” rating on shares of Integral Ad Science in a report on Monday, August 5th. Morgan Stanley boosted 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. Finally, Raymond James upped their price objective on shares of Integral Ad Science from $13.00 to $15.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $16.40.

Insider Activity at Integral Ad Science

In other news, CFO Tania Secor sold 6,643 shares of Integral Ad Science stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $11.24, for a total transaction of $74,667.32. Following the completion of the sale, the chief financial officer now owns 251,366 shares in the company, valued at approximately $2,825,353.84. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, CFO Tania Secor sold 6,643 shares of the firm’s stock in a transaction on Friday, September 6th. The stock was sold at an average price of $11.24, for a total value of $74,667.32. Following the transaction, the chief financial officer now directly owns 251,366 shares in the company, valued at approximately $2,825,353.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lisa Utzschneider sold 6,445 shares of Integral Ad Science stock in a transaction on Monday, July 8th. The stock was sold at an average price of $9.68, for a total value of $62,387.60. Following the sale, the chief executive officer now directly owns 214,563 shares of the company’s stock, valued at $2,076,969.84. The disclosure for this sale can be found here. Insiders have sold a total of 27,636 shares of company stock worth $289,513 over the last 90 days. Insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of IAS. Ameritas Investment Partners Inc. grew its position in shares of Integral Ad Science by 40.1% in the 1st quarter. Ameritas Investment Partners Inc. now owns 6,724 shares of the company’s stock valued at $67,000 after acquiring an additional 1,924 shares during the period. XTX Topco Ltd acquired a new stake in Integral Ad Science in the 2nd quarter valued at about $113,000. ProShare Advisors LLC bought a new position in Integral Ad Science during the first quarter worth about $121,000. Edgestream Partners L.P. acquired a new position in Integral Ad Science during the second quarter worth approximately $125,000. Finally, American Trust raised its stake in Integral Ad Science by 18.0% in the first quarter. American Trust now owns 13,742 shares of the company’s stock valued at $137,000 after buying an additional 2,096 shares during the period. 95.78% of the stock is owned by institutional investors and hedge funds.

Integral Ad Science Stock Down 1.7 %

Integral Ad Science stock traded down $0.19 during midday trading on Monday, reaching $10.81. The stock had a trading volume of 657,121 shares, compared to its average volume of 1,468,700. Integral Ad Science has a 1-year low of $7.98 and a 1-year high of $17.53. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.76 and a current ratio of 3.76. The firm’s fifty day simple moving average is $10.99 and its 200-day simple moving average is $10.11. The stock has a market capitalization of $1.74 billion, a P/E ratio of 1,100.00, a price-to-earnings-growth ratio of 1.32 and a beta of 1.56.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. Integral Ad Science had a net margin of 0.57% and a return on equity of 0.31%. The business had revenue of $129.01 million for the quarter, compared to analyst estimates of $126.31 million. During the same quarter in the previous year, the firm posted $0.05 earnings per share. The firm’s revenue for the quarter was up 13.5% on a year-over-year basis. As a group, analysts expect that Integral Ad Science will post 0.29 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.