Integral Ad Science Holding Corp. (NASDAQ:IAS) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lowered its position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 88.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,417 shares of the company’s stock after selling 242,582 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Integral Ad Science were worth $328,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in IAS. Tejara Capital Ltd acquired a new position in Integral Ad Science in the 4th quarter valued at $626,000. one8zero8 LLC acquired a new stake in shares of Integral Ad Science in the fourth quarter valued at about $1,702,000. Monimus Capital Management LP purchased a new position in shares of Integral Ad Science in the fourth quarter worth about $2,020,000. Vestcor Inc acquired a new position in Integral Ad Science during the fourth quarter worth about $1,566,000. Finally, Swiss National Bank grew its stake in Integral Ad Science by 12.9% during the 4th quarter. Swiss National Bank now owns 158,700 shares of the company’s stock valued at $1,657,000 after acquiring an additional 18,100 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Integral Ad Science Stock Performance

Shares of IAS opened at $7.04 on Friday. The stock has a 50-day simple moving average of $9.77 and a 200-day simple moving average of $10.44. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.71 and a current ratio of 3.71. Integral Ad Science Holding Corp. has a 1 year low of $6.97 and a 1 year high of $13.62. The stock has a market capitalization of $1.15 billion, a PE ratio of 35.20, a PEG ratio of 1.06 and a beta of 1.45.

Integral Ad Science (NASDAQ:IAS) last issued its quarterly 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 return on equity of 3.47% and a net margin of 6.39%. The firm had revenue of $153.00 million during the quarter, compared to analysts’ expectations of $148.83 million. During the same quarter in the prior year, the firm earned $0.06 EPS. The firm’s revenue was up 13.9% compared to the same quarter last year. On average, analysts predict that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on IAS. Benchmark restated a “hold” rating on shares of Integral Ad Science in a report on Friday, February 28th. Baird R W lowered Integral Ad Science from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 28th. Robert W. Baird restated a “neutral” rating and issued a $9.00 target price (down from $16.00) on shares of Integral Ad Science in a report on Friday, March 28th. Barclays reiterated an “equal weight” rating on shares of Integral Ad Science in a report on Friday, February 28th. Finally, Oppenheimer reissued an “outperform” rating on shares of Integral Ad Science in a report on Friday, February 28th. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $14.45.

Insider Activity

In other 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 completion of the sale, the chief executive officer now directly owns 278,650 shares of the company’s stock, valued at approximately $2,956,476.50. The trade was a 4.28 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders have sold 19,025 shares of company stock worth $195,116. 2.00% of the stock is currently owned by insiders.

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.