Jane Street Group LLC Has $505,000 Position in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Jane Street Group LLC lowered its position in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 74.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,675 shares of the company’s stock after selling 136,994 shares during the quarter. Jane Street Group LLC’s holdings in Integral Ad Science were worth $505,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Crestwood Capital Management L.P. lifted its stake in shares of Integral Ad Science by 0.3% during the 3rd quarter. Crestwood Capital Management L.P. now owns 650,738 shares of the company’s stock worth $7,034,000 after buying an additional 1,941 shares during the last quarter. Point72 DIFC Ltd acquired a new stake in shares of Integral Ad Science during the 3rd quarter worth about $41,000. nVerses Capital LLC acquired a new stake in shares of Integral Ad Science during the 3rd quarter worth about $45,000. Principal Financial Group Inc. lifted its stake in shares of Integral Ad Science by 9.3% during the 2nd quarter. Principal Financial Group Inc. now owns 61,108 shares of the company’s stock worth $594,000 after buying an additional 5,189 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Integral Ad Science by 18.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 37,870 shares of the company’s stock worth $368,000 after buying an additional 5,806 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Integral Ad Science Stock Up 1.2 %

Shares of NASDAQ IAS opened at $10.71 on Monday. The company has a market capitalization of $1.74 billion, a P/E ratio of 53.55, a price-to-earnings-growth ratio of 1.46 and a beta of 1.45. Integral Ad Science Holding Corp. has a 52-week low of $7.98 and a 52-week high of $17.53. 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’s 50 day moving average price is $11.08 and its 200-day moving average price is $10.79.

Integral Ad Science (NASDAQ:IAS) last released its earnings results on Tuesday, November 12th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.02. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The company had revenue of $133.50 million for the quarter, compared to the consensus estimate of $138.06 million. During the same quarter in the previous year, the company earned ($0.09) EPS. Integral Ad Science’s quarterly revenue was up 11.0% compared to the same quarter last year. Equities analysts forecast that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Oppenheimer dropped 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 research note on Wednesday, November 13th. Piper Sandler dropped 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 research note on Wednesday, November 13th. Scotiabank assumed coverage on shares of 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. Truist Financial dropped 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. Finally, Benchmark reissued a “hold” rating on shares of Integral Ad Science in a report on Thursday, November 14th. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $15.18.

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.