Integral Ad Science Holding Corp. (NASDAQ:IAS) Receives $14.80 Average Target Price from Analysts

Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) have been assigned an average recommendation of “Moderate Buy” from the eleven brokerages that are covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $14.80.

Several equities research analysts recently issued reports on IAS shares. Piper Sandler decreased their price target on shares of Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating on the stock in a report on Wednesday, November 13th. Oppenheimer decreased their price target on shares of Integral Ad Science from $20.00 to $18.00 and set an “outperform” rating on the stock in a report on Wednesday, November 13th. Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a report on Thursday, November 14th. Truist Financial decreased their price target on shares of Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a report on Wednesday, November 13th. Finally, Craig Hallum reduced their target price on shares of Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a report on Wednesday, November 13th.

Insider Activity

In other news, CEO Lisa Utzschneider sold 12,448 shares of the company’s stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $10.61, for a total value of $132,073.28. Following the sale, the chief executive officer now directly 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 document filed with the SEC, which is available through the SEC website. In the last three months, insiders have sold 19,109 shares of company stock valued at $197,696. 2.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of IAS. abrdn plc lifted its position in shares of Integral Ad Science by 12.5% during the 3rd quarter. abrdn plc now owns 2,147,656 shares of the company’s stock valued at $23,216,000 after acquiring an additional 237,930 shares during the period. US Bancorp DE lifted its position in shares of Integral Ad Science by 540.9% during the 3rd quarter. US Bancorp DE now owns 35,776 shares of the company’s stock valued at $387,000 after acquiring an additional 30,194 shares during the period. Rice Hall James & Associates LLC acquired a new position in shares of Integral Ad Science during the 3rd quarter valued at $1,795,000. Stoneridge Investment Partners LLC acquired a new position in shares of Integral Ad Science during the 3rd quarter valued at $125,000. Finally, TimesSquare Capital Management LLC lifted its position in shares of Integral Ad Science by 0.6% during the 3rd quarter. TimesSquare Capital Management LLC now owns 2,772,440 shares of the company’s stock valued at $29,970,000 after acquiring an additional 17,166 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Integral Ad Science Trading Down 0.1 %

Shares of Integral Ad Science stock opened at $10.37 on Friday. The firm has a market capitalization of $1.69 billion, a PE ratio of 51.85, a price-to-earnings-growth ratio of 1.06 and a beta of 1.46. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07. The firm’s 50 day moving average is $10.36 and its 200 day moving average is $10.84. Integral Ad Science has a 1 year low of $7.98 and a 1 year high of $17.53.

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.