Geode Capital Management LLC Purchases 110,149 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Geode Capital Management LLC lifted its position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 6.4% during the third quarter, Holdings Channel reports. The firm owned 1,834,659 shares of the company’s stock after acquiring an additional 110,149 shares during the period. Geode Capital Management LLC’s holdings in Integral Ad Science were worth $19,836,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Point72 DIFC Ltd purchased a new position in shares of Integral Ad Science in the 3rd quarter worth about $41,000. nVerses Capital LLC purchased a new position in shares of Integral Ad Science in the third quarter worth about $45,000. Quantbot Technologies LP bought a new stake in shares of Integral Ad Science in the third quarter valued at approximately $106,000. XTX Topco Ltd purchased a new stake in shares of Integral Ad Science during the 2nd quarter valued at approximately $113,000. Finally, Edgestream Partners L.P. bought a new position in Integral Ad Science in the 2nd quarter worth approximately $125,000. 95.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Oppenheimer dropped their price objective on Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating on the stock in a report on Wednesday, November 13th. Scotiabank began coverage on shares of Integral Ad Science in a research note on Thursday, December 5th. They set a “sector perform” rating and a $10.00 price target on the stock. Craig Hallum reduced their price objective on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a research note on Wednesday, November 13th. Piper Sandler dropped their price target on shares of Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating for the company in a research report on Wednesday, November 13th. Finally, Benchmark restated a “hold” rating on shares of Integral Ad Science in a report on Thursday, November 14th. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Integral Ad Science currently has a consensus rating of “Moderate Buy” and an average price target of $15.18.

Insider Buying and Selling at Integral Ad Science

In other news, CEO Lisa Utzschneider sold 10,481 shares of Integral Ad Science stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $10.11, for a total transaction of $105,962.91. Following the sale, the chief executive officer now owns 239,709 shares in the company, valued at $2,423,457.99. This trade represents a 4.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Tania Secor sold 5,240 shares of the business’s stock in a transaction on 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 owns 248,223 shares in the company, valued at approximately $2,509,534.53. The trade was a 2.07 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 16,363 shares of company stock valued at $165,629. Insiders own 2.00% of the company’s stock.

Integral Ad Science Stock Down 0.3 %

Shares of Integral Ad Science stock opened at $10.44 on Friday. 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 Holding Corp. has a twelve month low of $7.98 and a twelve month high of $17.53. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 52.20, a price-to-earnings-growth ratio of 1.49 and a beta of 1.45. The company’s 50 day moving average is $11.11 and its 200 day moving average is $10.74.

Integral Ad Science (NASDAQ:IAS) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.02. The company had revenue of $133.50 million during the quarter, compared to analysts’ expectations of $138.06 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. Integral Ad Science’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 business earned ($0.09) earnings per share. Research analysts anticipate 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.