Raymond James Financial Inc. Buys Shares of 77,314 Integral Ad Science Holding Corp. (NASDAQ:IAS)

Raymond James Financial Inc. bought a new position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 77,314 shares of the company's stock, valued at approximately $807,000.

Other large investors have also recently added to or reduced their stakes in the company. Barclays PLC raised its holdings in Integral Ad Science by 207.1% in the third quarter. Barclays PLC now owns 127,733 shares of the company's stock valued at $1,380,000 after buying an additional 86,133 shares during the period. JPMorgan Chase & Co. raised its holdings in Integral Ad Science by 47.6% in the third quarter. JPMorgan Chase & Co. now owns 717,528 shares of the company's stock valued at $7,756,000 after buying an additional 231,271 shares during the period. Franklin Resources Inc. raised its holdings in Integral Ad Science by 12.9% in the third quarter. Franklin Resources Inc. now owns 110,449 shares of the company's stock valued at $1,191,000 after buying an additional 12,647 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Integral Ad Science by 1.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 603,848 shares of the company's stock valued at $6,304,000 after buying an additional 7,941 shares during the period. Finally, Handelsbanken Fonder AB purchased a new position in Integral Ad Science in the fourth quarter valued at approximately $162,000. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Integral Ad Science Stock Performance

Shares of NASDAQ IAS traded up $0.33 during trading on Monday, reaching $8.05. The stock had a trading volume of 101,472 shares, compared to its average volume of 1,012,749. Integral Ad Science Holding Corp. has a one year low of $6.26 and a one year high of $13.62. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.71 and a current ratio of 3.71. The stock has a market cap of $1.32 billion, a PE ratio of 40.51, a P/E/G ratio of 1.06 and a beta of 1.55. The firm's 50 day moving average price is $7.86 and its two-hundred day moving average price is $9.73.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last issued its quarterly earnings results on Friday, February 28th. The company reported $0.09 earnings per share 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 the consensus estimate of $148.83 million. During the same quarter last year, the firm posted $0.06 earnings per share. Integral Ad Science's revenue was up 13.9% compared to the same quarter last year. On average, research analysts forecast that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Stifel Nicolaus cut their price target on shares of Integral Ad Science from $15.00 to $13.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Robert W. Baird reiterated a "neutral" rating and set a $9.00 target price (down from $16.00) on shares of Integral Ad Science in a report on Friday, March 28th. Oppenheimer reiterated an "outperform" rating on shares of Integral Ad Science in a report on Friday, February 28th. Morgan Stanley dropped their target price on Integral Ad Science from $13.50 to $12.50 and set an "equal weight" rating on the stock in a report on Thursday, April 17th. Finally, Benchmark reiterated a "hold" rating on shares of Integral Ad Science in a report on Friday, February 28th. Six equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $13.15.

Insider Activity

In related news, CEO Lisa Utzschneider sold 8,547 shares of the business's stock in a transaction that occurred on Monday, April 7th. The stock was sold at an average price of $6.85, for a total transaction of $58,546.95. Following the completion of the transaction, the chief executive officer now owns 341,271 shares in the company, valued at $2,337,706.35. The trade was a 2.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last ninety days, insiders sold 86,222 shares of company stock worth $636,252. 2.00% of the stock is currently owned by insiders.

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.