Insider Selling: Integral Ad Science Holding Corp. (NASDAQ:IAS) CEO Sells 8,044 Shares of Stock

Integral Ad Science Holding Corp. (NASDAQ:IAS) CEO Lisa Utzschneider sold 8,044 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $9.97, for a total transaction of $80,198.68. Following the sale, the chief executive officer now owns 203,139 shares of the company’s stock, valued at $2,025,295.83. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Lisa Utzschneider also recently made the following trade(s):

• On Monday, April 8th, Lisa Utzschneider sold 30,407 shares of Integral Ad Science stock. The shares were sold at an average price of $10.05, for a total transaction of $305,590.35.

Integral Ad Science Stock Down 0.7 %

Shares of Integral Ad Science stock traded down $0.07 during trading on Tuesday, reaching $9.90. The company had a trading volume of 1,332,278 shares, compared to its average volume of 1,711,581. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.21 and a current ratio of 3.21. Integral Ad Science Holding Corp. has a fifty-two week low of $8.92 and a fifty-two week high of $20.88. The firm’s fifty day moving average is $9.85 and its 200-day moving average is $12.85. The company has a market cap of $1.58 billion, a price-to-earnings ratio of 248.81, a price-to-earnings-growth ratio of 1.72 and a beta of 1.58.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings data on Tuesday, February 27th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.03. The firm had revenue of $134.30 million during the quarter, compared to analyst estimates of $131.27 million. Integral Ad Science had a return on equity of 0.83% and a net margin of 1.53%. Integral Ad Science’s quarterly revenue was up 14.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.07 earnings per share. On average, analysts anticipate that Integral Ad Science Holding Corp. will post 0.16 EPS for the current year.

Hedge Funds Weigh In On Integral Ad Science

Several large investors have recently added to or reduced their stakes in the company. M&T Bank Corp grew its stake in Integral Ad Science by 5.6% during the 4th quarter. M&T Bank Corp now owns 14,430 shares of the company’s stock worth $207,000 after buying an additional 770 shares during the last quarter. Amalgamated Bank increased its holdings in shares of Integral Ad Science by 19.9% in the 3rd quarter. Amalgamated Bank now owns 6,951 shares of the company’s stock worth $83,000 after acquiring an additional 1,156 shares during the period. American Trust lifted its position in Integral Ad Science by 10.8% in the 3rd quarter. American Trust now owns 13,328 shares of the company’s stock valued at $158,000 after purchasing an additional 1,302 shares during the last quarter. Strs Ohio boosted its stake in Integral Ad Science by 6.5% during the 3rd quarter. Strs Ohio now owns 37,800 shares of the company’s stock valued at $449,000 after purchasing an additional 2,300 shares during the period. Finally, Quantbot Technologies LP boosted its stake in Integral Ad Science by 7.1% during the 3rd quarter. Quantbot Technologies LP now owns 37,224 shares of the company’s stock valued at $443,000 after purchasing an additional 2,472 shares during the period. 95.78% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

IAS has been the subject of several recent research reports. Piper Sandler lowered their price target on Integral Ad Science from $20.00 to $18.00 and set an “overweight” rating for the company in a report on Wednesday, February 28th. Raymond James downgraded Integral Ad Science from a “strong-buy” rating to an “outperform” rating and dropped their target price for the company from $20.00 to $16.00 in a report on Wednesday, February 28th. Bank of America began coverage on Integral Ad Science in a report on Thursday, January 11th. They issued a “buy” rating and a $19.00 price target for the company. Morgan Stanley reiterated an “equal weight” rating and set a $12.00 price objective (down previously from $18.00) on shares of Integral Ad Science in a research note on Tuesday, April 16th. Finally, Truist Financial decreased their target price on shares of Integral Ad Science from $26.00 to $17.00 and set a “buy” rating for the company in a research note on Wednesday, February 28th. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, Integral Ad Science has an average rating of “Moderate Buy” and a consensus target price of $17.38.

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.