Integral Ad Science Holding Corp. (NASDAQ:IAS) Shares Acquired by AQR Capital Management LLC

AQR Capital Management LLC increased its position in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 167.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 34,685 shares of the company’s stock after acquiring an additional 21,714 shares during the period. AQR Capital Management LLC’s holdings in Integral Ad Science were worth $337,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of IAS. Jupiter Asset Management Ltd. acquired a new position in Integral Ad Science during the 1st quarter valued at about $3,257,000. Vanguard Group Inc. increased its stake in Integral Ad Science by 10.7% during the 4th quarter. Vanguard Group Inc. now owns 8,106,247 shares of the company’s stock valued at $116,649,000 after buying an additional 780,469 shares during the period. TimesSquare Capital Management LLC increased its stake in Integral Ad Science by 9.9% during the 1st quarter. TimesSquare Capital Management LLC now owns 2,969,278 shares of the company’s stock valued at $29,604,000 after buying an additional 268,310 shares during the period. Jacobs Levy Equity Management Inc. increased its stake in Integral Ad Science by 4.7% during 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 buying an additional 55,844 shares during the period. Finally, Clearbridge Investments LLC increased its stake in Integral Ad Science by 11.8% during the 1st 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 period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analysts Set New Price Targets

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

Integral Ad Science Stock Performance

Shares of IAS opened at $10.82 on Thursday. Integral Ad Science Holding Corp. has a one year low of $7.98 and a one year high of $17.53. The company has a 50-day moving average of $10.95 and a two-hundred day moving average of $10.19. The stock has a market cap of $1.74 billion, a price-to-earnings ratio of 1,082.00, a PEG ratio of 1.22 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.

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. Integral Ad Science had a net margin of 0.57% and a return on equity of 0.31%. The company had revenue of $129.01 million during the quarter, compared to analysts’ expectations of $126.31 million. During the same period last year, the company posted $0.05 earnings per share. The business’s revenue for the quarter was up 13.5% on a year-over-year basis. On average, equities research analysts expect that Integral Ad Science Holding Corp. will post 0.29 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Tania Secor sold 5,240 shares of the firm’s stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $10.11, for a total transaction of $52,976.40. Following the completion of the sale, the chief financial officer now directly owns 248,223 shares in the company, valued at approximately $2,509,534.53. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, CEO Lisa Utzschneider sold 9,351 shares of the firm’s 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 completion of the sale, the chief executive officer now directly owns 230,218 shares in the company, valued at approximately $2,513,980.56. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Tania Secor sold 5,240 shares of the firm’s stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $10.11, for a total transaction of $52,976.40. Following the transaction, the chief financial officer now directly owns 248,223 shares in the company, valued at approximately $2,509,534.53. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 32,357 shares of company stock worth $342,409 over the last ninety days. 2.00% of the stock is currently owned by company 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.