Horrell Capital Management Inc. Purchases 40,000 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Horrell Capital Management Inc. lifted its position in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 26.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 190,000 shares of the company’s stock after acquiring an additional 40,000 shares during the period. Horrell Capital Management Inc. owned 0.12% of Integral Ad Science worth $1,984,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in IAS. Point72 DIFC Ltd bought a new position in shares of Integral Ad Science during the third quarter valued at approximately $41,000. Quantbot Technologies LP bought a new position in Integral Ad Science during the 3rd quarter valued at approximately $106,000. Public Employees Retirement System of Ohio purchased a new position in Integral Ad Science during the third quarter valued at $138,000. Handelsbanken Fonder AB bought a new stake in Integral Ad Science in the fourth quarter worth $162,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of Integral Ad Science in the third quarter worth $180,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on IAS. Barclays restated an “equal weight” rating on shares of Integral Ad Science in a report on Friday, February 28th. Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a report on Friday, February 28th. Scotiabank assumed coverage on shares of Integral Ad Science in a research report on Friday, February 28th. They set a “sector perform” rating and a $12.00 price target for the company. Morgan Stanley restated a “mixed” rating on shares of Integral Ad Science in a report on Monday, March 3rd. Finally, Oppenheimer reissued an “outperform” rating on shares of Integral Ad Science in a report on Friday, February 28th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $15.06.

Insider Transactions at Integral Ad Science

In other Integral Ad Science news, CEO Lisa Utzschneider sold 5,940 shares of the company’s stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $9.75, for a total value of $57,915.00. Following the completion of the sale, the chief executive officer now owns 266,926 shares in the company, valued at $2,602,528.50. This represents a 2.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders have sold 19,109 shares of company stock worth $197,696 in the last 90 days. 2.00% of the stock is currently owned by insiders.

Integral Ad Science Stock Performance

Shares of IAS opened at $8.90 on Monday. Integral Ad Science Holding Corp. has a one year low of $7.98 and a one year high of $13.62. The business has a fifty day moving average of $10.12 and a 200 day moving average of $10.63. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71. The firm has a market capitalization of $1.46 billion, a P/E ratio of 44.50, a PEG ratio of 1.06 and a beta of 1.45.

Integral Ad Science (NASDAQ:IAS) last released its quarterly earnings results on Friday, February 28th. The company reported $0.09 EPS 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 analysts’ expectations of $148.83 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. Integral Ad Science’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.06 EPS. As a group, sell-side analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 EPS for the current 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.