Victory Capital Management Inc. Purchases 2,695 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Victory Capital Management Inc. raised its stake in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 8.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 32,880 shares of the company’s stock after acquiring an additional 2,695 shares during the period. Victory Capital Management Inc.’s holdings in Integral Ad Science were worth $343,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of IAS. Oppenheimer & Co. Inc. bought a new stake in Integral Ad Science in the 3rd quarter valued at $281,000. Quest Partners LLC increased its holdings in Integral Ad Science by 101,255.9% in the 3rd quarter. Quest Partners LLC now owns 34,461 shares of the company’s stock valued at $373,000 after acquiring an additional 34,427 shares during the last quarter. Jennison Associates LLC bought a new stake in Integral Ad Science in the 3rd quarter valued at $665,000. Intech Investment Management LLC bought a new stake in Integral Ad Science in the 3rd quarter valued at $199,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in Integral Ad Science by 7.5% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 595,907 shares of the company’s stock valued at $6,442,000 after acquiring an additional 41,528 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on IAS. Barclays reiterated an “equal weight” rating on shares of Integral Ad Science in a report on Friday, February 28th. Morgan Stanley reissued a “mixed” rating on shares of Integral Ad Science in a research note on Monday, March 3rd. Truist Financial lifted their price objective on shares of Integral Ad Science from $16.00 to $17.00 and gave the stock a “buy” rating in a research note on Monday, March 3rd. Benchmark reissued a “hold” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Finally, Oppenheimer reissued an “outperform” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $15.06.

Integral Ad Science Price Performance

IAS stock opened at $8.90 on Friday. Integral Ad Science Holding Corp. has a 12 month low of $7.98 and a 12 month high of $13.62. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07. The company has a 50-day moving average price of $10.12 and a 200 day moving average price of $10.63. The stock has a market cap of $1.46 billion, a PE ratio of 44.50, a P/E/G ratio of 1.06 and a beta of 1.45.

Integral Ad Science (NASDAQ:IAS) last released its quarterly earnings results on Friday, February 28th. The company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.03). Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The firm had revenue of $153.00 million for the quarter, compared to analysts’ expectations of $148.83 million. During the same period in the prior year, the firm posted $0.06 earnings per share. Integral Ad Science’s revenue for the quarter was up 13.9% on a year-over-year basis. Equities research analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Insider Buying and Selling

In other Integral Ad Science news, CEO Lisa Utzschneider sold 12,448 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $10.61, for a total value of $132,073.28. Following the completion of the sale, the chief executive officer now directly owns 278,650 shares of the company’s stock, valued at $2,956,476.50. The trade was a 4.28 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last ninety days, insiders sold 19,109 shares of company stock valued at $197,696. Company insiders own 2.00% of the company’s stock.

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.