Barclays PLC Increases Position in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Barclays PLC boosted its holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 207.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 127,733 shares of the company’s stock after purchasing an additional 86,133 shares during the period. Barclays PLC’s holdings in Integral Ad Science were worth $1,380,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Point72 DIFC Ltd purchased a new position in shares of Integral Ad Science during the 3rd quarter valued at approximately $41,000. nVerses Capital LLC acquired a new stake in shares of Integral Ad Science during the third quarter worth $45,000. Quantbot Technologies LP bought a new position in shares of Integral Ad Science in the 3rd quarter worth about $106,000. Stoneridge Investment Partners LLC acquired a new position in shares of Integral Ad Science in the 3rd quarter valued at about $125,000. Finally, XTX Topco Ltd acquired a new stake in Integral Ad Science in the second quarter worth $113,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Integral Ad Science Stock Down 4.0 %

IAS stock opened at $9.79 on Monday. The business’s 50-day simple moving average is $10.89 and its 200 day simple moving average is $10.80. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07. The company has a market cap of $1.59 billion, a PE ratio of 48.95, a price-to-earnings-growth ratio of 1.46 and a beta of 1.46. Integral Ad Science Holding Corp. has a twelve month low of $7.98 and a twelve month high of $17.53.

Integral Ad Science (NASDAQ:IAS) last posted its earnings results on Tuesday, November 12th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $133.50 million for the quarter, compared to analysts’ expectations of $138.06 million. During the same quarter in the previous year, the firm posted ($0.09) earnings per share. The firm’s revenue for the quarter was up 11.0% on a year-over-year basis. On average, research analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Truist Financial decreased their price objective on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday, November 13th. Piper Sandler decreased their target price on shares of Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating for the company in a report on Wednesday, November 13th. Scotiabank began coverage on Integral Ad Science in a research report on Thursday, December 5th. They set a “sector perform” rating and a $10.00 price objective for the company. Benchmark reissued a “hold” rating on shares of Integral Ad Science in a research report on Thursday, November 14th. Finally, Craig Hallum cut 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 report on Wednesday, November 13th. Four research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, Integral Ad Science has a consensus rating of “Moderate Buy” and an average price target of $14.80.

Insiders Place Their Bets

In related news, CEO Lisa Utzschneider sold 5,940 shares of the business’s stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $9.75, for a total value of $57,915.00. Following the completion of the transaction, the chief executive officer now owns 266,926 shares in the company, valued at $2,602,528.50. The trade was a 2.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 2.00% of the company’s stock.

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.