Horrell Capital Management Inc. Sells 100,000 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Horrell Capital Management Inc. decreased its holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 40.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 150,000 shares of the company’s stock after selling 100,000 shares during the quarter. Horrell Capital Management Inc. owned approximately 0.09% of Integral Ad Science worth $1,622,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. nVerses Capital LLC acquired a new stake in shares of Integral Ad Science in the 3rd quarter valued at $45,000. Ameritas Investment Partners Inc. increased its stake in shares of Integral Ad Science by 40.1% in the 1st quarter. Ameritas Investment Partners Inc. now owns 6,724 shares of the company’s stock valued at $67,000 after buying an additional 1,924 shares during the period. XTX Topco Ltd acquired a new stake in shares of Integral Ad Science in the 2nd quarter valued at $113,000. ProShare Advisors LLC acquired a new stake in shares of Integral Ad Science in the 1st quarter valued at $121,000. Finally, Edgestream Partners L.P. acquired a new stake in shares of Integral Ad Science in the 2nd quarter valued at $125,000. Institutional investors own 95.78% of the company’s stock.

Analyst Ratings Changes

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

Integral Ad Science Stock Up 1.6 %

Shares of Integral Ad Science stock traded up $0.19 during trading on Tuesday, reaching $12.07. The stock had a trading volume of 363,063 shares, compared to its average volume of 1,391,247. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 1,188.00, a P/E/G ratio of 1.25 and a beta of 1.54. The stock has a fifty day moving average price of $10.98 and a two-hundred day moving average price of $10.25. Integral Ad Science Holding Corp. has a 52 week low of $7.98 and a 52 week high of $17.53. The company has a current ratio of 3.76, a quick ratio of 3.76 and a debt-to-equity ratio of 0.10.

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

Insider Buying and Selling

In related news, CEO Lisa Utzschneider sold 10,481 shares of the company’s stock in a transaction dated Monday, October 7th. The stock was 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 approximately $2,423,457.99. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Integral Ad Science news, CEO Lisa Utzschneider sold 10,481 shares of the business’s 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 transaction, the chief executive officer now owns 239,709 shares of the company’s stock, valued at $2,423,457.99. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Tania Secor sold 6,643 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The stock was sold at an average price of $11.24, for a total value of $74,667.32. Following the transaction, 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 disclosure for this sale can be found here. Over the last quarter, insiders have sold 32,357 shares of company stock worth $342,409. Corporate 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.