SG Americas Securities LLC Sells 2,593 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

SG Americas Securities LLC lessened its position in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 6.4% in the 3rd quarter, Holdings Channel.com reports. The fund owned 37,730 shares of the company’s stock after selling 2,593 shares during the period. SG Americas Securities LLC’s holdings in Integral Ad Science were worth $408,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IAS. Goldman Sachs Group Inc. lifted its holdings in shares of Integral Ad Science by 605.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,740,011 shares of the company’s stock worth $39,429,000 after acquiring an additional 2,351,414 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Integral Ad Science by 10.7% in the 4th quarter. Vanguard Group Inc. now owns 8,106,247 shares of the company’s stock worth $116,649,000 after acquiring an additional 780,469 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Integral Ad Science in the 2nd quarter worth about $4,724,000. Nisa Investment Advisors LLC lifted its holdings in shares of Integral Ad Science by 449,805.3% in the 2nd quarter. Nisa Investment Advisors LLC now owns 427,410 shares of the company’s stock worth $4,154,000 after acquiring an additional 427,315 shares during the last quarter. Finally, Clearbridge Investments LLC lifted its holdings in shares of Integral Ad Science by 11.8% in the 1st quarter. Clearbridge Investments LLC now owns 3,906,652 shares of the company’s stock worth $38,949,000 after acquiring an additional 412,044 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

Integral Ad Science Stock Down 0.8 %

NASDAQ:IAS opened at $10.73 on Friday. Integral Ad Science Holding Corp. has a fifty-two week low of $7.98 and a fifty-two week high of $17.53. The stock has a market capitalization of $1.72 billion, a P/E ratio of 1,073.00, a P/E/G ratio of 1.22 and a beta of 1.54. The company has a debt-to-equity ratio of 0.10, a quick ratio of 3.76 and a current ratio of 3.76. The company’s 50-day simple moving average is $10.95 and its 200-day simple moving average is $10.19.

Integral Ad Science (NASDAQ:IAS) last released its quarterly earnings results on Thursday, August 1st. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. Integral Ad Science had a net margin of 0.57% and a return on equity of 0.31%. The business had revenue of $129.01 million for the quarter, compared to analysts’ expectations of $126.31 million. During the same period last year, the business earned $0.05 EPS. The company’s revenue was up 13.5% compared to the same quarter last year. On average, equities analysts anticipate that Integral Ad Science Holding Corp. will post 0.29 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Barclays raised their target price on shares of Integral Ad Science from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Monday, August 5th. Raymond James raised their price target on shares of Integral Ad Science from $13.00 to $15.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a research note on Monday, August 5th. Finally, Morgan Stanley raised their price target on shares of Integral Ad Science from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Tuesday, July 23rd. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Integral Ad Science currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.40.

Insider Activity

In other news, 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 directly owns 251,366 shares in the company, valued at approximately $2,825,353.84. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, CFO Tania Secor sold 6,643 shares of Integral Ad Science stock in a transaction that occurred on 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 sale, the chief financial officer now directly owns 251,366 shares in the company, valued at $2,825,353.84. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Lisa Utzschneider sold 10,481 shares of Integral Ad Science stock in a transaction that occurred on 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 sale, the chief executive officer now owns 239,709 shares of the company’s stock, valued at $2,423,457.99. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 32,357 shares of company stock worth $342,409. Corporate insiders own 2.00% of the company’s stock.

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.