PDT Partners LLC Purchases 25,546 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

PDT Partners LLC increased its position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 9.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 283,213 shares of the company’s stock after buying an additional 25,546 shares during the quarter. PDT Partners LLC’s holdings in Integral Ad Science were worth $3,062,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. nVerses Capital LLC bought a new position in shares of Integral Ad Science during the third quarter worth about $45,000. Quantbot Technologies LP bought a new position in shares of Integral Ad Science during the third quarter worth about $106,000. XTX Topco Ltd bought a new position in shares of Integral Ad Science during the second quarter worth about $113,000. Edgestream Partners L.P. bought a new position in shares of Integral Ad Science during the second quarter worth about $125,000. Finally, Stoneridge Investment Partners LLC bought a new position in shares of Integral Ad Science during the third quarter worth about $125,000. 95.78% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Integral Ad Science news, CFO Tania Secor sold 5,240 shares of the firm’s 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 transaction, the chief financial officer now owns 248,223 shares in the company, valued at $2,509,534.53. This trade represents a 2.07 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Lisa Utzschneider sold 10,481 shares of the firm’s stock in a transaction on Monday, October 7th. The stock was sold at an average price of $10.11, for a total value of $105,962.91. Following the transaction, the chief executive officer now owns 239,709 shares in the company, valued at approximately $2,423,457.99. This trade represents a 4.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 23,006 shares of company stock worth $240,296 in the last 90 days. Company insiders own 2.00% of the company’s stock.

Integral Ad Science Price Performance

Shares of NASDAQ IAS opened at $11.18 on Friday. The firm has a market cap of $1.82 billion, a P/E ratio of 55.90, a price-to-earnings-growth ratio of 1.55 and a beta of 1.52. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07. Integral Ad Science Holding Corp. has a 1-year low of $7.98 and a 1-year high of $17.53. The business’s 50 day moving average is $11.09 and its 200-day moving average is $10.57.

Integral Ad Science (NASDAQ:IAS) last announced its earnings results on Tuesday, November 12th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. The company had revenue of $133.50 million for 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%. The firm’s quarterly revenue was up 11.0% compared to the same quarter last year. During the same quarter last year, the company earned ($0.09) earnings per share. Equities research analysts predict that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on IAS. Piper Sandler reduced their price target on 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. Barclays increased their price target on 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. Benchmark reissued a “hold” rating on shares of Integral Ad Science in a research report on Thursday, November 14th. Craig Hallum reduced their price target on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a research report on Wednesday, November 13th. Finally, Raymond James increased their price target on Integral Ad Science from $13.00 to $15.00 and gave the company an “outperform” rating in a research report on Friday, August 2nd. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $15.70.

Integral Ad Science 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.