Integral Ad Science Holding Corp. (NASDAQ:IAS) Shares Acquired by Quest Partners LLC

Quest Partners LLC increased its stake in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 101,255.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 34,461 shares of the company’s stock after buying an additional 34,427 shares during the quarter. Quest Partners LLC’s holdings in Integral Ad Science were worth $373,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. nVerses Capital LLC acquired a new position in shares of Integral Ad Science in the third quarter worth $45,000. XTX Topco Ltd purchased a new stake in Integral Ad Science during the 2nd quarter worth about $113,000. ProShare Advisors LLC acquired a new position in Integral Ad Science in the 1st quarter valued at about $121,000. Edgestream Partners L.P. purchased a new position in Integral Ad Science in the 2nd quarter valued at about $125,000. Finally, Stoneridge Investment Partners LLC acquired a new stake in shares of Integral Ad Science during the 3rd quarter worth about $125,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Insider Activity at Integral Ad Science

In other news, CEO Lisa Utzschneider sold 10,481 shares of the company’s stock in a transaction dated Monday, October 7th. The stock was 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 of the company’s stock, valued at $2,423,457.99. This represents a 4.19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Tania Secor sold 6,643 shares of the firm’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $11.24, for a total value of $74,667.32. Following the sale, the chief financial officer now owns 251,366 shares in the company, valued at approximately $2,825,353.84. The trade was a 2.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 23,006 shares of company stock worth $240,296. Corporate insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

IAS has been the subject of a number of analyst reports. Barclays boosted their price objective 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. Craig Hallum decreased their price objective on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a report on Wednesday, November 13th. 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 research report on Friday, August 2nd. Oppenheimer decreased their price target on Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 13th. Finally, Truist Financial dropped their price objective 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, November 13th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $15.70.

Integral Ad Science Stock Performance

NASDAQ IAS opened at $11.08 on Monday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71. Integral Ad Science Holding Corp. has a 1-year low of $7.98 and a 1-year high of $17.53. The firm has a market capitalization of $1.80 billion, a P/E ratio of 55.40, a P/E/G ratio of 1.55 and a beta of 1.52. The business’s 50-day simple moving average is $11.09 and its 200-day simple moving average is $10.52.

Integral Ad Science (NASDAQ:IAS) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.02. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The company had revenue of $133.50 million during the quarter, compared to the consensus estimate of $138.06 million. During the same period in the previous year, the firm earned ($0.09) earnings per share. Integral Ad Science’s revenue for the quarter was up 11.0% on a year-over-year basis. Equities analysts predict that Integral Ad Science Holding Corp. will post 0.26 EPS for the current year.

Integral Ad Science 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.