Rhumbline Advisers Sells 1,275 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Rhumbline Advisers trimmed its stake in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 1.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 107,450 shares of the company’s stock after selling 1,275 shares during the period. Rhumbline Advisers owned 0.07% of Integral Ad Science worth $1,122,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Point72 DIFC Ltd bought a new position in shares of Integral Ad Science in the third quarter valued at approximately $41,000. Quantbot Technologies LP bought a new position in Integral Ad Science in the 3rd quarter worth $106,000. Public Employees Retirement System of Ohio acquired a new position in Integral Ad Science during the 3rd quarter worth $138,000. Dynamic Technology Lab Private Ltd bought a new stake in Integral Ad Science during the third quarter valued at about $180,000. Finally, Intech Investment Management LLC acquired a new stake in shares of Integral Ad Science in the third quarter valued at about $199,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Truist Financial boosted their price objective on Integral Ad Science from $16.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday. Craig Hallum cut their price target 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. Piper Sandler lowered their price objective on shares of Integral Ad Science from $18.00 to $16.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 13th. Barclays reaffirmed an “equal weight” rating on shares of Integral Ad Science in a research report on Friday, February 28th. Finally, Benchmark reissued a “hold” rating on shares of Integral Ad Science in a report on Friday, February 28th. Four analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $15.06.

Insider Buying and Selling at Integral Ad Science

In other news, CEO Lisa Utzschneider sold 12,448 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $10.61, for a total transaction of $132,073.28. Following the completion of the sale, the chief executive officer now owns 278,650 shares of the company’s stock, valued at approximately $2,956,476.50. This trade represents a 4.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders have sold 19,109 shares of company stock worth $197,696 over the last three months. Company insiders own 2.00% of the company’s stock.

Integral Ad Science Stock Down 1.8 %

IAS opened at $10.25 on Thursday. The company has a market capitalization of $1.67 billion, a P/E ratio of 51.25, a P/E/G ratio of 1.06 and a beta of 1.46. 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 firm’s fifty day moving average price is $10.34 and its two-hundred day moving average price is $10.81. Integral Ad Science Holding Corp. has a fifty-two week low of $7.98 and a fifty-two week high of $13.62.

Integral Ad Science (NASDAQ:IAS) last issued its earnings results on Friday, February 28th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.03). Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The business had revenue of $153.00 million for the quarter, compared to analyst estimates of $148.83 million. During the same quarter last year, the firm posted $0.06 earnings per share. Integral Ad Science’s revenue was up 13.9% on a year-over-year basis. On average, analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 EPS for the current 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.