Jupiter Asset Management Ltd. Sells 296,976 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Jupiter Asset Management Ltd. reduced its position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 90.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 29,701 shares of the company’s stock after selling 296,976 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Integral Ad Science were worth $289,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Integral Ad Science by 7.0% in the first quarter. Vanguard Group Inc. now owns 8,673,229 shares of the company’s stock worth $86,472,000 after buying an additional 566,982 shares during the last quarter. Clearbridge Investments LLC lifted its position in Integral Ad Science by 11.8% in the first quarter. Clearbridge Investments LLC now owns 3,906,652 shares of the company’s stock worth $38,949,000 after buying an additional 412,044 shares during the last quarter. TimesSquare Capital Management LLC lifted its position in Integral Ad Science by 9.9% in the first quarter. TimesSquare Capital Management LLC now owns 2,969,278 shares of the company’s stock worth $29,604,000 after buying an additional 268,310 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Integral Ad Science by 605.1% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,740,011 shares of the company’s stock worth $39,429,000 after buying an additional 2,351,414 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Integral Ad Science by 10.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,377,272 shares of the company’s stock worth $34,212,000 after buying an additional 222,614 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Integral Ad Science

In other Integral Ad Science news, CFO Tania Secor sold 6,643 shares of Integral Ad Science stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $11.24, for a total value of $74,667.32. Following the transaction, the chief financial officer now owns 251,366 shares in the company, valued at $2,825,353.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Lisa Utzschneider sold 6,445 shares of the business’s stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $9.68, for a total transaction of $62,387.60. Following the sale, the chief executive officer now owns 214,563 shares in the company, valued at $2,076,969.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Tania Secor sold 6,643 shares of the business’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $11.24, for a total value of $74,667.32. Following the sale, the chief financial officer now owns 251,366 shares in the company, valued at approximately $2,825,353.84. The disclosure for this sale can be found here. Insiders have sold 27,636 shares of company stock worth $289,513 over the last quarter. Insiders own 2.00% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on IAS shares. Morgan Stanley raised their price target on Integral Ad Science from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Tuesday, July 23rd. Barclays raised their price target on Integral Ad Science from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Monday, August 5th. Raymond James lifted their target price on Integral Ad Science from $13.00 to $15.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. Finally, Benchmark reiterated a “hold” rating on shares of Integral Ad Science in a research report on Monday, August 5th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $16.36.

Integral Ad Science Stock Performance

Shares of Integral Ad Science stock opened at $10.93 on Friday. The firm has a market cap of $1.76 billion, a P/E ratio of 1,094.09, a P/E/G ratio of 1.29 and a beta of 1.56. The company has a current ratio of 3.76, a quick ratio of 3.76 and a debt-to-equity ratio of 0.10. Integral Ad Science Holding Corp. has a 12 month low of $7.98 and a 12 month high of $17.53. The stock’s fifty day moving average price is $10.79 and its 200-day moving average price is $10.02.

Integral Ad Science (NASDAQ:IAS) last posted its earnings results on Thursday, August 1st. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.03. Integral Ad Science had a return on equity of 0.31% and a net margin of 0.57%. The company had revenue of $129.01 million for the quarter, compared to analyst estimates of $126.31 million. During the same quarter in the previous year, the firm earned $0.05 earnings per share. The firm’s quarterly revenue was up 13.5% compared to the same quarter last year. On average, equities research analysts expect that Integral Ad Science Holding Corp. will post 0.29 earnings per share for the current fiscal year.

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.