Analysts Set Integral Ad Science Holding Corp. (NASDAQ:IAS) Price Target at $16.40

Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) have received an average rating of “Moderate Buy” from the eleven research firms that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $16.40.

Several equities research analysts have weighed in on the company. Raymond James upped their target price on Integral Ad Science from $13.00 to $15.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Barclays increased their price target on Integral Ad Science from $12.00 to $13.00 and gave the company an “equal weight” rating in a research note on Monday, August 5th. Morgan Stanley lifted their price target on Integral Ad Science from $12.00 to $13.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 23rd. Finally, Benchmark reissued a “hold” rating on shares of Integral Ad Science in a report on Monday, August 5th.

Integral Ad Science Stock Up 0.5 %

Integral Ad Science stock opened at $10.78 on Wednesday. The company’s 50-day moving average price is $10.96 and its two-hundred day moving average price is $10.20. The company has a quick ratio of 3.76, a current ratio of 3.76 and a debt-to-equity ratio of 0.10. The stock has a market cap of $1.73 billion, a P/E ratio of 1,078.00, a P/E/G ratio of 1.22 and a beta of 1.54. Integral Ad Science has a twelve month low of $7.98 and a twelve month high of $17.53.

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

Insider Activity at Integral Ad Science

In related news, CFO Tania Secor sold 6,643 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The stock was 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 of the company’s stock, valued at $2,825,353.84. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CFO Tania Secor sold 6,643 shares of the company’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $11.24, for a total transaction of $74,667.32. Following the transaction, the chief financial officer now owns 251,366 shares in the company, valued at approximately $2,825,353.84. This represents a 0.00 % 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. Also, CEO Lisa Utzschneider sold 9,351 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $10.92, for a total value of $102,112.92. Following the completion of the sale, the chief executive officer now owns 230,218 shares of the company’s stock, valued at approximately $2,513,980.56. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 32,357 shares of company stock worth $342,409 over the last quarter. Company insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On Integral Ad Science

A number of institutional investors have recently modified their holdings of the company. nVerses Capital LLC bought a new position in shares of Integral Ad Science in the third quarter valued at approximately $45,000. Ameritas Investment Partners Inc. boosted its stake 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 worth $67,000 after buying an additional 1,924 shares during the last quarter. XTX Topco Ltd bought a new position in shares of Integral Ad Science in the second quarter valued at approximately $113,000. ProShare Advisors LLC purchased a new stake in shares of Integral Ad Science during the first quarter valued at approximately $121,000. Finally, Edgestream Partners L.P. purchased a new stake in shares of Integral Ad Science during the second quarter valued at approximately $125,000. 95.78% of the stock is owned by institutional investors and hedge funds.

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.