Integral Ad Science Holding Corp. (NASDAQ:IAS) Shares Sold by Walleye Capital LLC

Walleye Capital LLC lessened its position in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 2.2% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 43,470 shares of the company’s stock after selling 969 shares during the period. Walleye Capital LLC’s holdings in Integral Ad Science were worth $470,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. PEAK6 Investments LLC purchased a new stake in shares of Integral Ad Science in the third quarter valued at approximately $213,000. Quantbot Technologies LP purchased a new stake in shares of Integral Ad Science during the 3rd quarter worth $106,000. Crestwood Capital Management L.P. grew its stake in shares of Integral Ad Science by 0.3% during the 3rd quarter. Crestwood Capital Management L.P. now owns 650,738 shares of the company’s stock worth $7,034,000 after purchasing an additional 1,941 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of Integral Ad Science in the 3rd quarter valued at about $180,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Integral Ad Science by 7.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 595,907 shares of the company’s stock valued at $6,442,000 after purchasing an additional 41,528 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Insider Activity

In other Integral Ad Science news, CFO Tania Secor sold 5,240 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 transaction of $52,976.40. Following the completion of the sale, the chief financial officer now directly owns 248,223 shares in the company, valued at $2,509,534.53. This represents a 2.07 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Lisa Utzschneider sold 10,481 shares of Integral Ad Science stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $10.11, for a total value of $105,962.91. Following the completion of the transaction, the chief executive officer now directly owns 239,709 shares in the company, valued at $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 a total of 16,363 shares of company stock valued at $165,629 in the last 90 days. 2.00% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on IAS. Scotiabank assumed coverage on shares of Integral Ad Science in a report on Thursday. They issued a “sector perform” rating and a $10.00 target price for the company. Truist Financial decreased their target price on 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. Benchmark restated a “hold” rating on shares of Integral Ad Science in a research report on Thursday, November 14th. Oppenheimer decreased their price objective 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. Finally, Craig Hallum dropped their target price on shares of Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday, November 13th. Four research analysts have rated the stock with a hold rating and eight have given 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 a consensus price target of $15.18.

Integral Ad Science Stock Performance

NASDAQ:IAS opened at $10.94 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. The firm has a market cap of $1.78 billion, a PE ratio of 54.70, a P/E/G ratio of 1.53 and a beta of 1.45. The firm has a 50 day simple moving average of $11.11 and a 200-day simple moving average of $10.63. Integral Ad Science Holding Corp. has a 1-year low of $7.98 and a 1-year high of $17.53.

Integral Ad Science (NASDAQ:IAS) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. The company had revenue of $133.50 million for the quarter, compared to analyst estimates of $138.06 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 11.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.09) EPS. On average, equities analysts expect that Integral Ad Science Holding Corp. will post 0.26 EPS for the current 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.