Analysts Set Integral Ad Science Holding Corp. (NASDAQ:IAS) Target Price at $16.20

Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) have been assigned a consensus recommendation of “Moderate Buy” from the eleven ratings firms that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $15.70.

A number of research analysts have recently weighed in on the stock. Piper Sandler reduced 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. Truist Financial reduced their price objective on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday, November 13th. Raymond James boosted their target price on Integral Ad Science from $13.00 to $15.00 and gave the company an “outperform” rating in a research note on Friday, August 2nd. Oppenheimer cut their price target on Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating for the company in a research note on Wednesday, November 13th. Finally, Benchmark restated a “hold” rating on shares of Integral Ad Science in a research note on Thursday.

Insider Activity

In other Integral Ad Science news, CEO Lisa Utzschneider sold 10,481 shares of the business’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 value of $105,962.91. Following the completion of the transaction, the chief executive officer now owns 239,709 shares of the company’s stock, valued at $2,423,457.99. The trade was a 4.19 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Tania Secor sold 5,240 shares of the stock in a transaction on Monday, October 7th. The stock was sold at an average price of $10.11, for a total transaction of $52,976.40. Following the completion of the transaction, the chief financial officer now directly owns 248,223 shares in the company, valued at $2,509,534.53. The trade was a 2.07 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 23,006 shares of company stock worth $240,296. 2.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in IAS. Geode Capital Management LLC lifted its position in Integral Ad Science by 6.4% in the 3rd quarter. Geode Capital Management LLC now owns 1,834,659 shares of the company’s stock worth $19,836,000 after buying an additional 110,149 shares during the last quarter. Barclays PLC lifted its holdings in shares of Integral Ad Science by 207.1% in the 3rd quarter. Barclays PLC now owns 127,733 shares of the company’s stock worth $1,380,000 after acquiring an additional 86,133 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of Integral Ad Science in the 3rd quarter worth approximately $138,000. Washington Harbour Partners LP bought a new position in shares of Integral Ad Science during the 3rd quarter valued at $1,744,000. Finally, Repertoire Partners LP purchased a new position in Integral Ad Science in the 3rd quarter worth $1,676,000. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Integral Ad Science Stock Down 6.1 %

Integral Ad Science stock opened at $10.11 on Wednesday. Integral Ad Science 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 quick ratio of 3.76 and a current ratio of 3.71. The firm’s 50-day simple moving average is $11.09 and its 200 day simple moving average is $10.48. The stock has a market cap of $1.64 billion, a PE ratio of 50.55, a price-to-earnings-growth ratio of 1.40 and a beta of 1.52.

Integral Ad Science (NASDAQ:IAS) last released its earnings results on Tuesday, November 12th. The company reported $0.10 earnings per share (EPS) for the quarter, beating 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 return on equity of 3.47% and a net margin of 6.39%. Integral Ad Science’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period in the prior year, the company posted ($0.09) earnings per share. Research analysts predict that Integral Ad Science will post 0.26 EPS for the current fiscal year.

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.