Integral Ad Science Holding Corp. (NASDAQ:IAS) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) have received a consensus recommendation of “Moderate Buy” from the twelve research firms that are covering the company, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $15.18.

Several research firms have recently weighed in on IAS. Piper Sandler lowered their price objective on shares of Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 13th. Benchmark restated a “hold” rating on shares of Integral Ad Science in a research report on Thursday, November 14th. Scotiabank began coverage on Integral Ad Science in a research note on Thursday. They set a “sector perform” rating and a $10.00 price target for the company. Craig Hallum reduced their price objective on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday, November 13th. Finally, Oppenheimer decreased their price objective on Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating on the stock in a report on Wednesday, November 13th.

Insider Buying and Selling at Integral Ad Science

In other Integral Ad Science news, CFO Tania Secor sold 5,240 shares of the business’s stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $10.11, for a total value of $52,976.40. Following the transaction, the chief financial officer now owns 248,223 shares in the company, valued at approximately $2,509,534.53. The trade was a 2.07 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lisa Utzschneider sold 10,481 shares of the stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $10.11, for a total value 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 approximately $2,423,457.99. This trade represents a 4.19 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 16,363 shares of company stock worth $165,629. 2.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Point72 DIFC Ltd purchased a new position in shares of Integral Ad Science during the third quarter valued at about $41,000. nVerses Capital LLC bought a new stake in Integral Ad Science during the 3rd quarter valued at approximately $45,000. Quantbot Technologies LP purchased a new position in shares of Integral Ad Science during the 3rd quarter worth approximately $106,000. Stoneridge Investment Partners LLC bought a new position in shares of Integral Ad Science in the 3rd quarter worth approximately $125,000. Finally, XTX Topco Ltd purchased a new position in shares of Integral Ad Science in the 2nd quarter valued at approximately $113,000. 95.78% of the stock is currently owned by institutional investors.

Integral Ad Science Trading Up 0.7 %

Shares of IAS stock opened at $10.94 on Friday. Integral Ad Science has a 52-week low of $7.98 and a 52-week high of $17.53. The business’s fifty day moving average is $11.11 and its 200 day moving average is $10.62. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.71 and a current ratio of 3.71. The company has a market capitalization of $1.78 billion, a PE ratio of 54.70, a price-to-earnings-growth ratio of 1.53 and a beta of 1.45.

Integral Ad Science (NASDAQ:IAS) last released its quarterly earnings results on Tuesday, November 12th. The company reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.02. The firm had revenue of $133.50 million for the quarter, compared to analysts’ expectations of $138.06 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The company’s revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.09) EPS. On average, equities research analysts anticipate that Integral Ad Science will post 0.26 EPS for the current fiscal year.

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.