Integral Ad Science’s (IAS) “Hold” Rating Reaffirmed at Benchmark

Benchmark reiterated their hold rating on shares of Integral Ad Science (NASDAQ:IAS) in a research report released on Thursday morning,Benzinga reports.

Other analysts have also recently issued reports about the stock. Craig Hallum reduced their price objective on shares of Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a research note on Wednesday, November 13th. Piper Sandler lowered their price objective on Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 13th. Raymond James lifted their price target on shares of Integral Ad Science from $13.00 to $15.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. Barclays lifted their target price on shares of Integral Ad Science from $12.00 to $13.00 and gave the company an “equal weight” rating in a research report on Monday, August 5th. Finally, Morgan Stanley lifted their price objective on Integral Ad Science from $12.00 to $13.00 and gave the company an “equal weight” rating in a report on Tuesday, July 23rd. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $15.70.

Integral Ad Science Stock Performance

Shares of IAS stock opened at $10.11 on Thursday. Integral Ad Science has a fifty-two week low of $7.98 and a fifty-two week high of $17.53. The stock’s 50-day moving average is $11.09 and its two-hundred day moving average is $10.48. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.76. The firm has a market cap of $1.64 billion, a P/E ratio of 50.55, a PEG ratio of 1.40 and a beta of 1.52.

Integral Ad Science (NASDAQ:IAS) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. The firm had revenue of $133.50 million for the quarter, compared to the consensus estimate of $138.06 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The firm’s revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.09) earnings per share. Analysts predict that Integral Ad Science will post 0.26 earnings per share for the current fiscal year.

Insider Activity at Integral Ad Science

In related news, CEO Lisa Utzschneider sold 10,481 shares of the firm’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 sale, the chief executive officer now owns 239,709 shares of the company’s stock, valued at $2,423,457.99. This trade represents a 4.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Tania Secor sold 5,240 shares of the business’s stock in a transaction that occurred 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 owns 248,223 shares of the company’s stock, valued at $2,509,534.53. This trade represents a 2.07 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 23,006 shares of company stock valued at $240,296 in the last three months. Corporate insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Integral Ad Science

Hedge funds and other institutional investors have recently made changes to their positions in the company. Point72 DIFC Ltd acquired a new position in shares of Integral Ad Science during the third quarter valued at $41,000. nVerses Capital LLC bought a new stake in Integral Ad Science during the 3rd quarter worth about $45,000. Ameritas Investment Partners Inc. lifted its position in Integral Ad Science by 40.1% during the 1st quarter. Ameritas Investment Partners Inc. now owns 6,724 shares of the company’s stock valued at $67,000 after purchasing an additional 1,924 shares during the period. Quantbot Technologies LP bought a new position in shares of Integral Ad Science in the 3rd quarter valued at about $106,000. Finally, Stoneridge Investment Partners LLC acquired a new stake in shares of Integral Ad Science during the 3rd quarter worth approximately $125,000. 95.78% of the stock is owned by institutional investors and hedge funds.

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.