Integral Ad Science (NASDAQ:IAS) Stock Price Down 3.7% – Time to Sell?

Integral Ad Science Holding Corp. (NASDAQ:IAS)’s stock price traded down 3.7% during mid-day trading on Monday . The company traded as low as $6.46 and last traded at $6.48. 165,502 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 1,138,832 shares. The stock had previously closed at $6.73.

Analyst Upgrades and Downgrades

A number of research firms have commented on IAS. Barclays reiterated an “equal weight” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Baird R W cut shares of Integral Ad Science from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 28th. Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a report on Friday, February 28th. Morgan Stanley reissued a “mixed” rating on shares of Integral Ad Science in a research report on Monday, March 3rd. Finally, Scotiabank assumed coverage on shares of Integral Ad Science in a report on Friday, February 28th. They issued a “sector perform” rating and a $12.00 price objective for the company. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $14.45.

Integral Ad Science Trading Down 2.5 %

The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07. The firm has a 50-day moving average of $9.27 and a 200 day moving average of $10.24. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 32.80, a PEG ratio of 1.06 and a beta of 1.53.

Integral Ad Science (NASDAQ:IAS) last posted its quarterly earnings data 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). Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The company had revenue of $153.00 million during the quarter, compared to analyst estimates of $148.83 million. During the same period in the previous year, the company earned $0.06 EPS. The business’s revenue for the quarter was up 13.9% compared to the same quarter last year. As a group, equities analysts predict that Integral Ad Science Holding Corp. will post 0.26 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Lisa Utzschneider sold 8,547 shares of Integral Ad Science stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of $6.85, for a total value of $58,546.95. Following the transaction, the chief executive officer now owns 341,271 shares of the company’s stock, valued at $2,337,706.35. The trade was a 2.44 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders sold 90,303 shares of company stock worth $706,660 over the last ninety days. Company insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of IAS. GAMMA Investing LLC raised its holdings in shares of Integral Ad Science by 547.1% during the first quarter. GAMMA Investing LLC now owns 3,313 shares of the company’s stock valued at $270,000 after acquiring an additional 2,801 shares during the period. State of Wyoming purchased a new position in Integral Ad Science during the 4th quarter worth approximately $51,000. Alta Fox Capital Management LLC acquired a new stake in Integral Ad Science during the 4th quarter valued at $61,000. BNP Paribas Financial Markets purchased a new stake in shares of Integral Ad Science in the fourth quarter valued at $120,000. Finally, Sherbrooke Park Advisers LLC purchased a new position in shares of Integral Ad Science during the fourth quarter valued at $132,000. Institutional investors own 95.78% of the company’s stock.

About Integral Ad Science

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.