Integral Ad Science Holding Corp. (NASDAQ:IAS) Shares Purchased by Stoneridge Investment Partners LLC

Stoneridge Investment Partners LLC increased its holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 139.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 27,808 shares of the company’s stock after buying an additional 16,208 shares during the quarter. Stoneridge Investment Partners LLC’s holdings in Integral Ad Science were worth $290,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of IAS. Barclays PLC increased its position in shares of Integral Ad Science by 207.1% in the third quarter. Barclays PLC now owns 127,733 shares of the company’s stock valued at $1,380,000 after buying an additional 86,133 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Integral Ad Science by 47.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 717,528 shares of the company’s stock worth $7,756,000 after acquiring an additional 231,271 shares in the last quarter. abrdn plc raised its position in Integral Ad Science by 12.5% during the third quarter. abrdn plc now owns 2,147,656 shares of the company’s stock worth $23,216,000 after acquiring an additional 237,930 shares during the period. Repertoire Partners LP purchased a new position in Integral Ad Science during the third quarter valued at $1,676,000. Finally, Janus Henderson Group PLC lifted its holdings in Integral Ad Science by 65.9% during the third quarter. Janus Henderson Group PLC now owns 359,370 shares of the company’s stock valued at $3,884,000 after purchasing an additional 142,741 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Integral Ad Science Price Performance

Shares of IAS stock opened at $10.70 on Friday. 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 company has a market capitalization of $1.74 billion, a PE ratio of 53.50, a price-to-earnings-growth ratio of 1.09 and a beta of 1.46. The firm’s 50-day moving average is $10.43 and its two-hundred day moving average is $10.84. Integral Ad Science Holding Corp. has a 12 month low of $7.98 and a 12 month high of $17.53.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings results on Tuesday, November 12th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.08 by $0.02. The business 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 company’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.09) EPS. Analysts predict that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Insider Activity

In related news, CEO Lisa Utzschneider sold 12,448 shares of the stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $10.61, for a total transaction of $132,073.28. Following the transaction, the chief executive officer now owns 278,650 shares of the company’s stock, valued at approximately $2,956,476.50. This represents a 4.28 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last three months, insiders have sold 19,109 shares of company stock valued at $197,696. Company insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

IAS has been the subject of several research analyst reports. Piper Sandler reduced their price target on shares of 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. Craig Hallum reduced their target price on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating for the company in a report on Wednesday, November 13th. Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a research note on Thursday, November 14th. Scotiabank initiated coverage on Integral Ad Science in a research note on Thursday, December 5th. They issued a “sector perform” rating and a $10.00 price objective for the company. Finally, Truist Financial decreased their price objective on Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a report on Wednesday, November 13th. Four research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Integral Ad Science has a consensus rating of “Moderate Buy” and a consensus price target of $14.80.

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.