Integral Ad Science Holding Corp. (NASDAQ:IAS) Shares Purchased by Rhumbline Advisers

Rhumbline Advisers grew its position in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 41.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 106,697 shares of the company’s stock after acquiring an additional 31,145 shares during the quarter. Rhumbline Advisers owned approximately 0.07% of Integral Ad Science worth $1,037,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Ameritas Investment Partners Inc. grew its position in shares of Integral Ad Science by 40.1% during the first quarter. Ameritas Investment Partners Inc. now owns 6,724 shares of the company’s stock worth $67,000 after acquiring an additional 1,924 shares during the last quarter. ProShare Advisors LLC acquired a new position in Integral Ad Science during the first quarter valued at $121,000. American Trust increased its stake in Integral Ad Science by 18.0% in the 1st quarter. American Trust now owns 13,742 shares of the company’s stock valued at $137,000 after buying an additional 2,096 shares during the period. Price T Rowe Associates Inc. MD grew its stake in Integral Ad Science by 55.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 19,215 shares of the company’s stock valued at $192,000 after purchasing an additional 6,878 shares in the last quarter. Finally, Richelieu Gestion SA raised its position in Integral Ad Science by 35.0% during the first quarter. Richelieu Gestion SA now owns 19,501 shares of the company’s stock valued at $194,000 after acquiring an additional 5,055 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Integral Ad Science Price Performance

IAS opened at $11.16 on Monday. Integral Ad Science Holding Corp. has a 12 month low of $7.98 and a 12 month high of $17.53. The company has a quick ratio of 3.76, a current ratio of 3.76 and a debt-to-equity ratio of 0.10. The stock has a market cap of $1.79 billion, a P/E ratio of 1,116.00, a P/E/G ratio of 1.29 and a beta of 1.56. The company has a fifty day simple moving average of $10.93 and a 200 day simple moving average of $10.06.

Integral Ad Science (NASDAQ:IAS) last announced its earnings results on Thursday, August 1st. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.02 by $0.03. The business had revenue of $129.01 million during the quarter, compared to analysts’ expectations of $126.31 million. Integral Ad Science had a net margin of 0.57% and a return on equity of 0.31%. The firm’s revenue was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.05 earnings per share. On average, research analysts expect that Integral Ad Science Holding Corp. will post 0.29 EPS for the current year.

Insider Activity

In related news, CEO Lisa Utzschneider sold 6,445 shares of the business’s stock in a transaction that occurred on Monday, July 8th. The stock was sold at an average price of $9.68, for a total value of $62,387.60. Following the completion of the sale, the chief executive officer now directly owns 214,563 shares in the company, valued at $2,076,969.84. The sale was disclosed in a filing with the SEC, which is available at this link. In related news, CFO Tania Secor sold 4,564 shares of Integral Ad Science stock in a transaction that occurred on Monday, July 8th. The shares were sold at an average price of $9.68, for a total transaction of $44,179.52. Following the sale, the chief financial officer now directly owns 243,101 shares in the company, valued at approximately $2,353,217.68. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Lisa Utzschneider sold 6,445 shares of the stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $9.68, for a total value of $62,387.60. Following the completion of the sale, the chief executive officer now directly owns 214,563 shares of the company’s stock, valued at approximately $2,076,969.84. The disclosure for this sale can be found here. Insiders have sold 27,636 shares of company stock valued at $289,513 over the last ninety days. 2.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Barclays lifted their target price on shares of Integral Ad Science from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Monday, August 5th. Raymond James increased their target price on Integral Ad Science from $13.00 to $15.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. Morgan Stanley boosted their target price on Integral Ad Science from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Tuesday, July 23rd. Finally, Benchmark reissued a “hold” rating on shares of Integral Ad Science in a research note on Monday, August 5th. Three research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, Integral Ad Science currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.36.

About Integral Ad Science

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.