Integral Ad Science Holding Corp. (NASDAQ:IAS) Shares Purchased by Swiss National Bank

Swiss National Bank boosted its holdings in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 12.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 158,700 shares of the company’s stock after buying an additional 18,100 shares during the period. Swiss National Bank owned approximately 0.10% of Integral Ad Science worth $1,657,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Analyst Ratings Changes

IAS has been the topic of several research analyst reports. Scotiabank began 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. Morgan Stanley reiterated a “mixed” rating on shares of Integral Ad Science in a research report on Monday, March 3rd. Barclays reissued an “equal weight” rating on shares of Integral Ad Science in a research report on Friday, February 28th. Robert W. Baird reaffirmed a “neutral” rating and issued a $9.00 price objective (down from $16.00) on shares of Integral Ad Science in a report on Friday. Finally, Truist Financial raised their target price on shares of Integral Ad Science from $16.00 to $17.00 and gave the stock a “buy” rating in a report on Monday, March 3rd. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $14.45.

Insiders Place Their Bets

In related news, CEO Lisa Utzschneider sold 12,448 shares of the business’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $10.61, for a total value of $132,073.28. Following the transaction, the chief executive officer now owns 278,650 shares in the company, valued at $2,956,476.50. The trade was a 4.28 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Over the last quarter, insiders have sold 19,109 shares of company stock valued at $197,696. 2.00% of the stock is owned by corporate insiders.

Integral Ad Science Stock Performance

NASDAQ IAS opened at $8.24 on Friday. The stock has a fifty day simple moving average of $10.01 and a 200-day simple moving average of $10.55. 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 stock has a market cap of $1.35 billion, a PE ratio of 41.20, a P/E/G ratio of 1.06 and a beta of 1.45. Integral Ad Science Holding Corp. has a twelve month low of $7.98 and a twelve month high of $13.62.

Integral Ad Science (NASDAQ:IAS) last announced its earnings results on Friday, February 28th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $153.00 million during the quarter, compared to analysts’ expectations of $148.83 million. During the same period in the previous year, the firm earned $0.06 EPS. The firm’s revenue for the quarter was up 13.9% compared to the same quarter last year. Equities analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 earnings per share 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.