Lisanti Capital Growth LLC Invests $2.44 Million in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Lisanti Capital Growth LLC purchased a new position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 169,410 shares of the company’s stock, valued at approximately $2,438,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. M&T Bank Corp grew its holdings in Integral Ad Science by 5.6% during the 4th quarter. M&T Bank Corp now owns 14,430 shares of the company’s stock worth $207,000 after acquiring an additional 770 shares in the last quarter. Amalgamated Bank boosted its holdings in Integral Ad Science by 19.9% in the third quarter. Amalgamated Bank now owns 6,951 shares of the company’s stock worth $83,000 after purchasing an additional 1,156 shares during the period. American Trust boosted its holdings in shares of Integral Ad Science by 10.8% in the 3rd quarter. American Trust now owns 13,328 shares of the company’s stock valued at $158,000 after buying an additional 1,302 shares during the period. Strs Ohio raised its stake in Integral Ad Science by 6.5% during the third quarter. Strs Ohio now owns 37,800 shares of the company’s stock worth $449,000 after acquiring an additional 2,300 shares during the period. Finally, Quantbot Technologies LP lifted its holdings in Integral Ad Science by 7.1% in the third quarter. Quantbot Technologies LP now owns 37,224 shares of the company’s stock worth $443,000 after acquiring an additional 2,472 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Integral Ad Science Stock Performance

Shares of Integral Ad Science stock traded down $0.07 on Tuesday, reaching $9.90. The stock had a trading volume of 1,332,278 shares, compared to its average volume of 1,711,581. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.21 and a current ratio of 3.21. Integral Ad Science Holding Corp. has a fifty-two week low of $8.92 and a fifty-two week high of $20.88. The business’s 50-day moving average price is $9.85 and its two-hundred day moving average price is $12.85. The stock has a market cap of $1.58 billion, a P/E ratio of 248.81, a price-to-earnings-growth ratio of 1.72 and a beta of 1.58.

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

Analyst Ratings Changes

A number of research analysts recently issued reports on IAS shares. Loop Capital assumed coverage on Integral Ad Science in a research report on Tuesday, April 30th. They set a “buy” rating and a $15.00 price objective for the company. Oppenheimer cut their price objective on shares of Integral Ad Science from $25.00 to $20.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 28th. Morgan Stanley restated 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, April 16th. Benchmark reiterated a “hold” rating on shares of Integral Ad Science in a research report on Tuesday. Finally, Barclays reduced their price target 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. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $17.38.

Insider Activity at Integral Ad Science

In related news, CAO Alexis Gil II sold 3,177 shares of Integral Ad Science stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $10.24, for a total transaction of $32,532.48. Following the sale, the chief accounting officer now directly owns 120,195 shares of the company’s stock, valued at $1,230,796.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Integral Ad Science news, CAO Alexis Gil II sold 3,177 shares of Integral Ad Science stock in a transaction on Monday, March 4th. The shares were sold at an average price of $10.24, for a total transaction of $32,532.48. Following the sale, the chief accounting officer now owns 120,195 shares in the company, valued at $1,230,796.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Tania Secor sold 8,929 shares of the stock in a transaction on Friday, March 8th. The shares were sold at an average price of $9.71, for a total transaction of $86,700.59. Following the completion of the transaction, the chief financial officer now owns 221,959 shares of the company’s stock, valued at approximately $2,155,221.89. The disclosure for this sale can be found here. Insiders sold a total of 67,082 shares of company stock worth $669,508 in the last ninety days. 2.00% of the stock is currently owned by insiders.

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.