Arizona State Retirement System Has $244,000 Position in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Arizona State Retirement System raised its holdings in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 12.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,404 shares of the company’s stock after purchasing an additional 2,601 shares during the quarter. Arizona State Retirement System’s holdings in Integral Ad Science were worth $244,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Point72 DIFC Ltd acquired a new stake in shares of Integral Ad Science during the 3rd quarter worth about $41,000. Quantbot Technologies LP acquired a new stake in Integral Ad Science during the third quarter worth approximately $106,000. Public Employees Retirement System of Ohio bought a new stake in shares of Integral Ad Science during the third quarter worth approximately $138,000. Handelsbanken Fonder AB acquired a new position in shares of Integral Ad Science in the fourth quarter valued at approximately $162,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of Integral Ad Science during the third quarter worth approximately $180,000. 95.78% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Insider Activity

In other news, CEO Lisa Utzschneider sold 12,448 shares of Integral Ad Science stock in a transaction 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 transaction, the chief executive officer now owns 278,650 shares in the company, valued at approximately $2,956,476.50. The trade was a 4.28 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over 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 corporate insiders.

Integral Ad Science Trading Down 0.3 %

Shares of Integral Ad Science stock opened at $9.03 on Friday. The firm has a market capitalization of $1.48 billion, a PE ratio of 45.15, a price-to-earnings-growth ratio of 1.06 and a beta of 1.45. 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 $10.22 and its 200 day moving average is $10.72. Integral Ad Science Holding Corp. has a 1 year low of $7.98 and a 1 year high of $13.62.

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