Integral Ad Science Holding Corp. (NASDAQ:IAS) Receives $11.52 Average Target Price from Brokerages

Integral Ad Science Holding Corp. (NASDAQ:IAS) has been assigned an average recommendation of “Hold” from the fourteen research firms that are currently covering the firm, MarketBeat reports. Fourteen investment analysts have rated the stock with a hold rating. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $11.5222.

Several equities analysts have recently weighed in on IAS shares. BMO Capital Markets set a $10.30 target price on Integral Ad Science and gave the company a “market perform” rating in a research report on Wednesday, September 24th. Oppenheimer lowered shares of Integral Ad Science from an “outperform” rating to a “market perform” rating in a research note on Wednesday, September 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Integral Ad Science in a research note on Tuesday, October 14th. Robert W. Baird raised their target price on shares of Integral Ad Science from $9.00 to $10.30 and gave the stock a “neutral” rating in a report on Thursday, September 25th. Finally, Wall Street Zen upgraded shares of Integral Ad Science from a “hold” rating to a “buy” rating in a report on Sunday, August 10th.

Integral Ad Science Trading Up 0.2%

Shares of NASDAQ:IAS opened at $10.28 on Friday. The company has a market cap of $1.73 billion, a price-to-earnings ratio of 36.71, a PEG ratio of 1.50 and a beta of 1.59. Integral Ad Science has a 12 month low of $6.26 and a 12 month high of $11.78. The company has a 50-day moving average price of $10.12 and a 200 day moving average price of $8.98.

Integral Ad Science (NASDAQ:IAS) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.02). The company had revenue of $154.36 million for the quarter, compared to the consensus estimate of $149.18 million. Integral Ad Science had a return on equity of 4.45% and a net margin of 7.91%. As a group, equities analysts forecast that Integral Ad Science will post 0.26 EPS for the current year.

Insider Activity at Integral Ad Science

In other news, CAO Alexis Gil II sold 25,901 shares of the company’s stock in a transaction that occurred on Wednesday, September 24th. The stock was sold at an average price of $10.18, for a total transaction of $263,672.18. Following the transaction, the chief accounting officer owned 145,140 shares of the company’s stock, valued at approximately $1,477,525.20. This represents a 15.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Lisa Utzschneider sold 17,267 shares of the firm’s stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $10.19, for a total value of $175,950.73. Following the sale, the chief executive officer directly owned 415,293 shares of the company’s stock, valued at $4,231,835.67. This represents a 3.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 70,131 shares of company stock valued at $714,930 in the last 90 days. Company insiders own 2.00% of the company’s stock.

Institutional Trading of Integral Ad Science

Several institutional investors and hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp increased its stake in Integral Ad Science by 15.9% in the 1st quarter. Bank of New York Mellon Corp now owns 291,079 shares of the company’s stock worth $2,346,000 after buying an additional 39,988 shares during the period. Envestnet Asset Management Inc. grew its stake in Integral Ad Science by 165.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 84,471 shares of the company’s stock worth $681,000 after acquiring an additional 52,664 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Integral Ad Science by 14.5% during the first quarter. Victory Capital Management Inc. now owns 37,650 shares of the company’s stock worth $303,000 after acquiring an additional 4,770 shares during the period. one8zero8 LLC increased its position in shares of Integral Ad Science by 14.7% during the first quarter. one8zero8 LLC now owns 187,050 shares of the company’s stock worth $1,508,000 after acquiring an additional 24,000 shares during the period. Finally, Corton Capital Inc. bought a new stake in shares of Integral Ad Science during the first quarter valued at approximately $122,000. 95.78% of the stock is currently owned by institutional investors.

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.