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

Integral Ad Science Holding Corp. (NASDAQ:IAS – Get Free Report) has received a consensus rating of “Moderate Buy” from the eleven research firms that are covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $20.55.

A number of equities analysts recently issued reports on the company. Robert W. Baird started coverage on Integral Ad Science in a report on Friday, August 18th. They issued an “outperform” rating and a $19.00 target price on the stock. Benchmark initiated coverage on Integral Ad Science in a research report on Tuesday, June 6th. They issued a “hold” rating on the stock. Morgan Stanley restated an “overweight” rating and set a $21.50 price objective on shares of Integral Ad Science in a research report on Friday, August 4th. TheStreet lowered shares of Integral Ad Science from a “c” rating to a “d+” rating in a report on Wednesday, August 9th. Finally, Stifel Nicolaus increased their price target on Integral Ad Science from $20.00 to $23.00 and gave the stock a “buy” rating in a research report on Friday, July 21st.

Read Our Latest Stock Analysis on IAS

Integral Ad Science Price Performance

IAS opened at $13.27 on Tuesday. The company’s 50 day simple moving average is $16.46 and its 200 day simple moving average is $15.92. The stock has a market capitalization of $2.08 billion, a PE ratio of 94.79 and a beta of 1.69. Integral Ad Science has a 1 year low of $6.63 and a 1 year high of $20.88. The company has a debt-to-equity ratio of 0.22, a quick ratio of 3.80 and a current ratio of 3.80.

Integral Ad Science (NASDAQ:IAS – Get Free Report) last issued its earnings results on Thursday, August 3rd. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. The company had revenue of $113.65 million during the quarter, compared to the consensus estimate of $112.41 million. Integral Ad Science had a return on equity of 2.81% and a net margin of 5.26%. The company’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.01 earnings per share. As a group, sell-side analysts expect that Integral Ad Science will post 0.07 EPS for the current year.

Insider Transactions at Integral Ad Science

In related news, CEO Lisa Utzschneider sold 21,705 shares of the stock in a transaction on Monday, August 7th. The stock was sold at an average price of $14.67, for a total transaction of $318,412.35. Following the sale, the chief executive officer now directly owns 107,129 shares of the company’s stock, valued at $1,571,582.43. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, major shareholder Vep Group, Llc sold 5,220,000 shares of the business’s stock in a transaction that occurred on Thursday, June 15th. The stock was sold at an average price of $18.13, for a total value of $94,638,600.00. Following the completion of the sale, the insider now owns 77,660,001 shares in the company, valued at $1,407,975,818.13. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lisa Utzschneider sold 21,705 shares of the stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $14.67, for a total value of $318,412.35. Following the completion of the transaction, the chief executive officer now directly owns 107,129 shares in the company, valued at $1,571,582.43. The disclosure for this sale can be found here. 2.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Lisanti Capital Growth LLC purchased a new position in shares of Integral Ad Science during the 1st quarter worth approximately $2,217,000. Industrial Alliance Investment Management Inc. acquired a new position in shares of Integral Ad Science in the 1st quarter valued at about $3,424,000. Cornercap Investment Counsel Inc. bought a new position in Integral Ad Science in the 1st quarter worth approximately $529,000. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Integral Ad Science by 114.4% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 30,568 shares of the company’s stock worth $436,000 after acquiring an additional 16,313 shares in the last quarter. Finally, Richelieu Gestion PLC increased its stake in shares of Integral Ad Science by 27.7% during the 1st quarter. Richelieu Gestion PLC now owns 18,670 shares of the company’s stock worth $266,000 after purchasing an additional 4,047 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Integral Ad Science Company Profile

(Get Free Report

Integral Ad Science Holding Corp. operates as a digital advertising verification company in the United States, the United Kingdom, France, Germany, Italy, Singapore, Australia, France, Japan, and India. 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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Analyst Recommendations for Integral Ad Science (NASDAQ:IAS)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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