Victory Capital Management Inc. Sells 19,416 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Victory Capital Management Inc. lowered its holdings in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 39.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,185 shares of the company’s stock after selling 19,416 shares during the quarter. Victory Capital Management Inc.’s holdings in Integral Ad Science were worth $326,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of IAS. American Trust grew its stake in Integral Ad Science by 18.0% in the 1st 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 last quarter. nVerses Capital LLC acquired a new position in Integral Ad Science in the 3rd quarter valued at $45,000. Principal Financial Group Inc. grew its stake in Integral Ad Science by 9.3% in the 2nd quarter. Principal Financial Group Inc. now owns 61,108 shares of the company’s stock valued at $594,000 after buying an additional 5,189 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in Integral Ad Science by 18.1% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 37,870 shares of the company’s stock valued at $368,000 after buying an additional 5,806 shares during the last quarter. Finally, III Capital Management grew its stake in Integral Ad Science by 9.8% in the 2nd quarter. III Capital Management now owns 65,158 shares of the company’s stock valued at $633,000 after buying an additional 5,831 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

Insider Activity at Integral Ad Science

In other Integral Ad Science news, CFO Tania Secor sold 6,643 shares of the business’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 completion of the transaction, the chief financial officer now directly owns 251,366 shares of the company’s stock, valued at approximately $2,825,353.84. The trade was a 2.57 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Lisa Utzschneider sold 10,481 shares of the business’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $10.11, for a total transaction of $105,962.91. Following the completion of the transaction, the chief executive officer now directly owns 239,709 shares of the company’s stock, valued at approximately $2,423,457.99. This represents a 4.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 23,006 shares of company stock valued at $240,296 in the last ninety days. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on IAS. Barclays raised their target price on shares of 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. Oppenheimer decreased their price target on shares of Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 13th. Truist Financial decreased their price target on shares of Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday, November 13th. Piper Sandler decreased their price target on shares of Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 13th. Finally, Benchmark restated a “hold” rating on shares of Integral Ad Science in a research report on Thursday, November 14th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $15.70.

Integral Ad Science Trading Down 0.1 %

Shares of IAS stock opened at $11.18 on Friday. Integral Ad Science Holding Corp. has a 12-month low of $7.98 and a 12-month high of $17.53. The company has a market capitalization of $1.82 billion, a P/E ratio of 55.90, a P/E/G ratio of 1.55 and a beta of 1.52. The firm has a 50-day moving average price of $11.09 and a 200 day moving average price of $10.57. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings results on Tuesday, November 12th. The company reported $0.10 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $133.50 million during the quarter, compared to the consensus estimate of $138.06 million. During the same period last year, the firm posted ($0.09) EPS. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. Research analysts forecast that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current fiscal year.

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.