Atom Investors LP grew its holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 40.8% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 338,152 shares of the company's stock after acquiring an additional 97,983 shares during the period. Atom Investors LP owned 0.21% of Integral Ad Science worth $3,655,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. nVerses Capital LLC bought a new stake in Integral Ad Science in the third quarter worth $45,000. Quantbot Technologies LP bought a new stake in shares of Integral Ad Science during the 3rd quarter worth about $106,000. XTX Topco Ltd acquired a new position in shares of Integral Ad Science during the 2nd quarter valued at about $113,000. Edgestream Partners L.P. acquired a new stake in Integral Ad Science in the 2nd quarter worth approximately $125,000. Finally, Stoneridge Investment Partners LLC bought a new stake in Integral Ad Science during the third quarter worth approximately $125,000. Institutional investors and hedge funds own 95.78% of the company's stock.
IAS opened at $11.18 on Monday. The firm's fifty day moving average price is $11.09 and its two-hundred day moving average price is $10.58. The company has a market capitalization of $1.82 billion, a P/E ratio of 55.90, a P/E/G ratio of 1.54 and a beta of 1.52. Integral Ad Science Holding Corp. has a fifty-two week low of $7.98 and a fifty-two week high of $17.53. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71.
Integral Ad Science (NASDAQ:IAS - Get Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.02. The company had revenue of $133.50 million during the quarter, compared to analyst estimates of $138.06 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The company's revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the business posted ($0.09) earnings per share. On average, analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 EPS for the current year.
In other news, CFO Tania Secor sold 5,240 shares of the company's stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $10.11, for a total transaction of $52,976.40. Following the transaction, the chief financial officer now directly owns 248,223 shares in the company, valued at approximately $2,509,534.53. This represents a 2.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Lisa Utzschneider sold 10,481 shares of the stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $10.11, for a total transaction of $105,962.91. Following the sale, the chief executive officer now directly owns 239,709 shares in the company, valued at $2,423,457.99. This trade represents a 4.19 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 23,006 shares of company stock valued at $240,296. 2.00% of the stock is currently owned by corporate insiders.
A number of research firms have recently commented on IAS. Truist Financial reduced their price objective on shares of Integral Ad Science from $18.00 to $16.00 and set a "buy" rating for the company in a research note on Wednesday, November 13th. Piper Sandler cut 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 research report on Wednesday, November 13th. Barclays raised their price target on Integral Ad Science from $12.00 to $13.00 and gave the company an "equal weight" rating in a research report on Monday, August 5th. Benchmark restated a "hold" rating on shares of Integral Ad Science in a research note on Thursday, November 14th. Finally, Craig Hallum dropped their price target 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. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Integral Ad Science has a consensus rating of "Moderate Buy" and a consensus target price of $15.70.
View Our Latest Stock Report on 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.
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