Tejara Capital Ltd Invests $626,000 in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Tejara Capital Ltd purchased a new position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 60,000 shares of the company’s stock, valued at approximately $626,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Crestwood Capital Management L.P. boosted its holdings in Integral Ad Science by 0.3% during the 3rd quarter. Crestwood Capital Management L.P. now owns 650,738 shares of the company’s stock valued at $7,034,000 after acquiring an additional 1,941 shares during the period. Jennison Associates LLC boosted its holdings in Integral Ad Science by 3.3% during the 4th quarter. Jennison Associates LLC now owns 63,538 shares of the company’s stock valued at $663,000 after acquiring an additional 2,046 shares during the period. Oppenheimer & Co. Inc. boosted its holdings in Integral Ad Science by 8.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 28,040 shares of the company’s stock valued at $293,000 after acquiring an additional 2,069 shares during the period. Arizona State Retirement System boosted its holdings in Integral Ad Science by 12.5% during the 4th quarter. Arizona State Retirement System now owns 23,404 shares of the company’s stock valued at $244,000 after acquiring an additional 2,601 shares during the period. Finally, Victory Capital Management Inc. boosted its stake in shares of Integral Ad Science by 8.9% in the 4th quarter. Victory Capital Management Inc. now owns 32,880 shares of the company’s stock valued at $343,000 after buying an additional 2,695 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on IAS. Morgan Stanley reiterated a “mixed” rating on shares of Integral Ad Science in a research note on Monday, March 3rd. Oppenheimer reiterated an “outperform” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Benchmark reiterated a “hold” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Barclays reiterated an “equal weight” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Finally, Scotiabank began coverage on Integral Ad Science in a research note on Friday, February 28th. They issued a “sector perform” rating and a $12.00 price objective for the company. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Integral Ad Science presently has an average rating of “Moderate Buy” and an average target price of $15.06.

Insiders Place Their Bets

In other Integral Ad Science news, CEO Lisa Utzschneider sold 12,448 shares of Integral Ad Science stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $10.61, for a total transaction of $132,073.28. Following the transaction, the chief executive officer now owns 278,650 shares of the company’s stock, valued at $2,956,476.50. The trade was a 4.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders have sold a total of 19,109 shares of company stock valued at $197,696 over the last quarter. Company insiders own 2.00% of the company’s stock.

Integral Ad Science Price Performance

Shares of NASDAQ IAS opened at $9.17 on Tuesday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.71 and a current ratio of 3.71. Integral Ad Science Holding Corp. has a fifty-two week low of $7.98 and a fifty-two week high of $13.62. The firm has a market capitalization of $1.50 billion, a PE ratio of 45.85, a price-to-earnings-growth ratio of 1.06 and a beta of 1.45. The stock’s 50-day simple moving average is $10.20 and its 200-day simple moving average is $10.70.

Integral Ad Science (NASDAQ:IAS) last issued its earnings results on Friday, February 28th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.03). The business had revenue of $153.00 million for the quarter, compared to analyst estimates of $148.83 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. Integral Ad Science’s revenue was up 13.9% on a year-over-year basis. During the same period last year, the business posted $0.06 EPS. As a group, equities research analysts forecast that Integral Ad Science Holding Corp. will post 0.26 EPS for the current fiscal year.

Integral Ad Science 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.