US Bancorp DE Sells 12,000 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

US Bancorp DE cut its position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 33.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,776 shares of the company’s stock after selling 12,000 shares during the period. US Bancorp DE’s holdings in Integral Ad Science were worth $248,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Barclays PLC increased its position in Integral Ad Science by 207.1% during the 3rd quarter. Barclays PLC now owns 127,733 shares of the company’s stock valued at $1,380,000 after buying an additional 86,133 shares in the last quarter. JPMorgan Chase & Co. increased its position in Integral Ad Science by 47.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 717,528 shares of the company’s stock valued at $7,756,000 after buying an additional 231,271 shares in the last quarter. Repertoire Partners LP acquired a new position in Integral Ad Science during the 3rd quarter valued at about $1,676,000. Janus Henderson Group PLC increased its position in Integral Ad Science by 65.9% during the 3rd quarter. Janus Henderson Group PLC now owns 359,370 shares of the company’s stock valued at $3,884,000 after buying an additional 142,741 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in Integral Ad Science by 12.9% during the 3rd quarter. Franklin Resources Inc. now owns 110,449 shares of the company’s stock valued at $1,191,000 after buying an additional 12,647 shares in the last quarter. 95.78% of the stock is owned by institutional investors.

Insider Buying and Selling at Integral Ad Science

In other Integral Ad Science news, CEO Lisa Utzschneider sold 5,940 shares of the stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $9.75, for a total transaction of $57,915.00. Following the transaction, the chief executive officer now owns 266,926 shares of the company’s stock, valued at $2,602,528.50. This represents a 2.18 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. In the last 90 days, insiders have sold 19,109 shares of company stock worth $197,696. 2.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts have weighed in on IAS shares. Barclays reiterated an “equal weight” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Morgan Stanley reiterated a “mixed” rating on shares of Integral Ad Science in a research note on Monday, March 3rd. Scotiabank started coverage on Integral Ad Science in a research note on Friday, February 28th. They set a “sector perform” rating and a $12.00 price target on the stock. Oppenheimer reiterated an “outperform” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Finally, Truist Financial upped their target price on Integral Ad Science from $16.00 to $17.00 and gave the stock a “buy” rating in a research note on Monday, March 3rd. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $15.06.

Integral Ad Science Stock Down 0.3 %

IAS opened at $9.03 on Friday. The business has a 50 day moving average price of $10.22 and a two-hundred day moving average price of $10.73. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07. The company has a market cap of $1.48 billion, a PE ratio of 45.15, a P/E/G ratio of 1.06 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 $13.62.

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

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.