Integral Ad Science (NASDAQ:IAS) Reaches New 12-Month Low at $9.10

Integral Ad Science Holding Corp. (NASDAQ:IAS) reached a new 52-week low on Thursday . The stock traded as low as $9.10 and last traded at $9.10, with a volume of 2033695 shares. The stock had previously closed at $9.37.

Wall Street Analysts Forecast Growth

IAS has been the topic of several recent analyst reports. Morgan Stanley reiterated an “equal weight” rating and issued a $12.00 price target (down previously from $18.00) on shares of Integral Ad Science in a research note on Tuesday. Bank of America started coverage on shares of Integral Ad Science in a report on Thursday, January 11th. They issued a “buy” rating and a $19.00 target price for the company. Truist Financial reduced their price target on shares of Integral Ad Science from $26.00 to $17.00 and set a “buy” rating on the stock in a research note on Wednesday, February 28th. Barclays dropped their price objective on shares of Integral Ad Science from $16.00 to $12.00 and set an “equal weight” rating for the company in a research note on Monday, April 15th. Finally, Raymond James downgraded shares of Integral Ad Science from a “strong-buy” rating to an “outperform” rating and lowered their price target for the stock from $20.00 to $16.00 in a report on Wednesday, February 28th. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $17.58.

Integral Ad Science Stock Up 0.1 %

The firm has a market capitalization of $1.46 billion, a price-to-earnings ratio of 227.81, a P/E/G ratio of 1.58 and a beta of 1.60. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.21 and a quick ratio of 3.21. The stock has a fifty day moving average of $11.28 and a two-hundred day moving average of $13.02.

Integral Ad Science (NASDAQ:IAS) last issued its quarterly earnings results on Tuesday, February 27th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.03. Integral Ad Science had a return on equity of 0.83% and a net margin of 1.53%. The company had revenue of $134.30 million during the quarter, compared to analysts’ expectations of $131.27 million. During the same quarter in the prior year, the firm posted $0.07 earnings per share. The business’s quarterly revenue was up 14.4% on a year-over-year basis. Sell-side analysts anticipate that Integral Ad Science Holding Corp. will post 0.16 earnings per share for the current year.

Insider Activity

In related news, CEO Lisa Utzschneider sold 30,407 shares of Integral Ad Science stock in a transaction on Monday, April 8th. The shares were sold at an average price of $10.05, for a total transaction of $305,590.35. Following the completion of the transaction, the chief executive officer now owns 188,678 shares of the company’s stock, valued at $1,896,213.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In other Integral Ad Science news, CFO Tania Secor sold 17,999 shares of the firm’s stock in a transaction on Monday, April 8th. The shares were sold at an average price of $10.05, for a total value of $180,889.95. Following the completion of the sale, the chief financial officer now directly owns 239,174 shares in the company, valued at $2,403,698.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Lisa Utzschneider sold 30,407 shares of the stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $10.05, for a total transaction of $305,590.35. Following the transaction, the chief executive officer now directly owns 188,678 shares in the company, valued at approximately $1,896,213.90. The disclosure for this sale can be found here. In the last three months, insiders have sold 80,195 shares of company stock valued at $876,562. 2.00% of the stock is currently owned by insiders.

Institutional Trading of Integral Ad Science

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. M&T Bank Corp grew its stake in Integral Ad Science by 5.6% in the fourth quarter. M&T Bank Corp now owns 14,430 shares of the company’s stock valued at $207,000 after acquiring an additional 770 shares during the period. Amalgamated Bank increased its stake in Integral Ad Science by 19.9% during the 3rd quarter. Amalgamated Bank now owns 6,951 shares of the company’s stock valued at $83,000 after purchasing an additional 1,156 shares in the last quarter. Ameritas Investment Partners Inc. increased its stake in Integral Ad Science by 92.1% during the 1st quarter. Ameritas Investment Partners Inc. now owns 2,499 shares of the company’s stock valued at $34,000 after purchasing an additional 1,198 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in Integral Ad Science by 5.4% during the fourth quarter. The Manufacturers Life Insurance Company now owns 25,116 shares of the company’s stock worth $361,000 after buying an additional 1,281 shares during the last quarter. Finally, American Trust lifted its stake in shares of Integral Ad Science by 10.8% in the third quarter. American Trust now owns 13,328 shares of the company’s stock valued at $158,000 after buying an additional 1,302 shares in the last quarter. 95.78% of the stock is 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.