Charles Schwab Investment Management Inc. Acquires 7,941 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Charles Schwab Investment Management Inc. grew its holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 1.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 603,848 shares of the company’s stock after purchasing an additional 7,941 shares during the period. Charles Schwab Investment Management Inc. owned about 0.37% of Integral Ad Science worth $6,304,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Geode Capital Management LLC grew its stake in Integral Ad Science by 6.4% in the third quarter. Geode Capital Management LLC now owns 1,834,659 shares of the company’s stock worth $19,836,000 after purchasing an additional 110,149 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Integral Ad Science by 47.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 717,528 shares of the company’s stock worth $7,756,000 after buying an additional 231,271 shares during the period. Crestwood Capital Management L.P. grew its position 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 in the last quarter. Invenomic Capital Management LP increased its stake in shares of Integral Ad Science by 57.4% during the third quarter. Invenomic Capital Management LP now owns 585,309 shares of the company’s stock valued at $6,327,000 after buying an additional 213,488 shares during the period. Finally, Janus Henderson Group PLC raised its holdings in shares of Integral Ad Science by 65.9% in the third quarter. Janus Henderson Group PLC now owns 359,370 shares of the company’s stock valued at $3,884,000 after acquiring an additional 142,741 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Integral Ad Science Stock Up 2.2 %

NASDAQ:IAS opened at $9.10 on Tuesday. 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 company’s fifty day moving average price is $10.11 and its 200-day moving average price is $10.61. Integral Ad Science Holding Corp. has a 1-year low of $7.98 and a 1-year high of $13.62. The firm has a market capitalization of $1.49 billion, a P/E ratio of 45.50, a PEG ratio of 1.06 and a beta of 1.45.

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

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on IAS shares. Scotiabank started coverage on shares of Integral Ad Science in a report on Friday, February 28th. They set a “sector perform” rating and a $12.00 price objective on the stock. Morgan Stanley reissued a “mixed” rating on shares of Integral Ad Science in a research report on Monday, March 3rd. Truist Financial raised their price objective on Integral Ad Science from $16.00 to $17.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. Barclays reiterated an “equal weight” rating on shares of Integral Ad Science in a report on Friday, February 28th. Finally, Benchmark restated a “hold” rating on shares of Integral Ad Science in a report on Friday, February 28th. Three investment 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, Integral Ad Science currently has a consensus rating of “Moderate Buy” and an average target price of $15.06.

Insider Transactions at Integral Ad Science

In related 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 value of $132,073.28. Following 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 19,109 shares of company stock valued at $197,696 in the last ninety days. 2.00% of the stock is currently owned by corporate insiders.

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.