Hsbc Holdings PLC Sells 19,161 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Hsbc Holdings PLC decreased its holdings in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 50.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,593 shares of the company’s stock after selling 19,161 shares during the period. Hsbc Holdings PLC’s holdings in Integral Ad Science were worth $178,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Integral Ad Science by 7.0% in the 1st quarter. Vanguard Group Inc. now owns 8,673,229 shares of the company’s stock worth $86,472,000 after purchasing an additional 566,982 shares in the last quarter. Clearbridge Investments LLC grew its holdings in shares of Integral Ad Science by 11.8% during the first quarter. Clearbridge Investments LLC now owns 3,906,652 shares of the company’s stock valued at $38,949,000 after buying an additional 412,044 shares during the last quarter. TimesSquare Capital Management LLC increased its position in shares of Integral Ad Science by 9.9% during the first quarter. TimesSquare Capital Management LLC now owns 2,969,278 shares of the company’s stock valued at $29,604,000 after acquiring an additional 268,310 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Integral Ad Science by 605.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 2,740,011 shares of the company’s stock worth $39,429,000 after acquiring an additional 2,351,414 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in Integral Ad Science by 4.7% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,246,556 shares of the company’s stock valued at $12,428,000 after acquiring an additional 55,844 shares in the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on IAS shares. Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a research report on Monday, August 5th. Morgan Stanley raised their price target on shares of Integral Ad Science from $12.00 to $13.00 and gave the company an “equal weight” rating in a report on Tuesday, July 23rd. Barclays boosted their price objective on shares of Integral Ad Science from $12.00 to $13.00 and gave the company an “equal weight” rating in a report on Monday, August 5th. Finally, Raymond James lifted their target price on shares of Integral Ad Science from $13.00 to $15.00 and gave the stock an “outperform” rating in a research report on Friday, August 2nd. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Integral Ad Science has an average rating of “Moderate Buy” and an average price target of $16.40.

Integral Ad Science Trading Down 1.0 %

NASDAQ:IAS opened at $10.29 on Friday. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of 1,029.00, a price-to-earnings-growth ratio of 1.32 and a beta of 1.54. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.76 and a quick ratio of 3.76. The business has a fifty day moving average price of $10.98 and a 200-day moving average price of $10.13. Integral Ad Science Holding Corp. has a one year low of $7.98 and a one year high of $17.53.

Integral Ad Science (NASDAQ:IAS) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. The firm had revenue of $129.01 million for the quarter, compared to analysts’ expectations of $126.31 million. Integral Ad Science had a return on equity of 0.31% and a net margin of 0.57%. The business’s quarterly revenue was up 13.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.05 EPS. Sell-side analysts forecast that Integral Ad Science Holding Corp. will post 0.29 EPS for the current year.

Insider Transactions at Integral Ad Science

In other Integral Ad Science news, CFO Tania Secor sold 4,564 shares of the stock in a transaction on Monday, July 8th. The stock was sold at an average price of $9.68, for a total value of $44,179.52. Following the completion of the sale, the chief financial officer now owns 243,101 shares in the company, valued at approximately $2,353,217.68. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other Integral Ad Science news, CFO Tania Secor sold 4,564 shares of the company’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 $44,179.52. Following the completion of the transaction, the chief financial officer now directly owns 243,101 shares in the company, valued at $2,353,217.68. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Lisa Utzschneider sold 9,351 shares of Integral Ad Science stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $10.92, for a total transaction of $102,112.92. Following the sale, the chief executive officer now owns 230,218 shares in the company, valued at approximately $2,513,980.56. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 27,645 shares of company stock valued at $290,037 over the last three months. Corporate insiders own 2.00% of the company’s stock.

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.