Integral Ad Science Holding Corp. (NASDAQ:IAS) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. decreased its holdings in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 39.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,185 shares of the company’s stock after selling 19,416 shares during the quarter. Victory Capital Management Inc.’s holdings in Integral Ad Science were worth $326,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. TimesSquare Capital Management LLC grew its position in Integral Ad Science by 0.6% in the 3rd quarter. TimesSquare Capital Management LLC now owns 2,772,440 shares of the company’s stock worth $29,970,000 after purchasing an additional 17,166 shares during the last quarter. Stoneridge Investment Partners LLC bought a new position in Integral Ad Science in the 3rd quarter worth about $125,000. Rice Hall James & Associates LLC bought a new position in Integral Ad Science in the 3rd quarter worth about $1,795,000. US Bancorp DE grew its position in Integral Ad Science by 540.9% in the 3rd quarter. US Bancorp DE now owns 35,776 shares of the company’s stock worth $387,000 after purchasing an additional 30,194 shares during the last quarter. Finally, abrdn plc grew its position in Integral Ad Science by 12.5% in the 3rd quarter. abrdn plc now owns 2,147,656 shares of the company’s stock worth $23,216,000 after purchasing an additional 237,930 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Activity at Integral Ad Science

In other Integral Ad Science news, CFO Tania Secor sold 6,643 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $11.24, for a total value of $74,667.32. Following the completion of the sale, the chief financial officer now owns 251,366 shares in the company, valued at $2,825,353.84. This represents a 2.57 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Lisa Utzschneider sold 10,481 shares of the 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 $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 approximately $2,423,457.99. The trade was a 4.19 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 23,006 shares of company stock worth $240,296. 2.00% of the stock is owned by corporate insiders.

Integral Ad Science Stock Down 0.1 %

Shares of NASDAQ:IAS opened at $11.18 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.71 and a current ratio of 3.71. The company has a market cap of $1.82 billion, a PE ratio of 55.90, a price-to-earnings-growth ratio of 1.55 and a beta of 1.52. Integral Ad Science Holding Corp. has a 52 week low of $7.98 and a 52 week high of $17.53. The firm has a 50 day simple moving average of $11.09 and a 200 day simple moving average of $10.57.

Integral Ad Science (NASDAQ:IAS) last issued 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 during the quarter, compared to the consensus estimate of $138.06 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.09) EPS. As a group, research analysts expect that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have commented on IAS. Oppenheimer decreased their price objective on shares of Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating for the company in a report on Wednesday, November 13th. Craig Hallum decreased 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 report on Wednesday, November 13th. Piper Sandler decreased their price objective on shares of Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating for the company in a report on Wednesday, November 13th. Benchmark reiterated a “hold” rating on shares of Integral Ad Science in a report on Thursday, November 14th. Finally, Raymond James increased their price objective on shares of Integral Ad Science from $13.00 to $15.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Integral Ad Science has a consensus rating of “Moderate Buy” and a consensus price target of $15.70.

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.