Cantor Fitzgerald L. P. Purchases Shares of 61,000 Integral Ad Science Holding Corp. (NASDAQ:IAS)

Cantor Fitzgerald L. P. acquired a new position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 61,000 shares of the company's stock, valued at approximately $637,000.

Several other large investors also recently made changes to their positions in IAS. Alyeska Investment Group L.P. bought a new position in shares of Integral Ad Science in the fourth quarter valued at $41,543,000. Dimensional Fund Advisors LP lifted its position in Integral Ad Science by 18.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,789,996 shares of the company's stock valued at $39,567,000 after acquiring an additional 580,323 shares in the last quarter. Ararat Capital Management LP boosted its stake in Integral Ad Science by 13.4% during the 4th quarter. Ararat Capital Management LP now owns 2,281,912 shares of the company's stock valued at $23,823,000 after purchasing an additional 269,346 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Integral Ad Science by 47.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 717,528 shares of the company's stock worth $7,756,000 after purchasing an additional 231,271 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Integral Ad Science by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 9,048,546 shares of the company's stock worth $94,467,000 after purchasing an additional 205,562 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Barclays decreased their price target on Integral Ad Science from $14.00 to $7.00 and set an "equal weight" rating for the company in a report on Monday, April 21st. Oppenheimer reiterated an "outperform" rating on shares of Integral Ad Science in a report on Friday, February 28th. Stifel Nicolaus reduced their price objective on shares of Integral Ad Science from $15.00 to $13.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. Baird R W cut shares of Integral Ad Science from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 28th. Finally, Benchmark reaffirmed a "hold" rating on shares of Integral Ad Science in a report on Friday, February 28th. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $13.15.

Integral Ad Science Stock Performance

Shares of IAS stock traded down $0.07 on Friday, hitting $7.72. 1,389,653 shares of the stock were exchanged, compared to its average volume of 1,016,187. Integral Ad Science Holding Corp. has a one year low of $6.26 and a one year high of $13.62. The firm's 50 day moving average is $7.86 and its two-hundred day moving average is $9.74. The firm has a market capitalization of $1.26 billion, a PE ratio of 38.60, a P/E/G ratio of 1.06 and a beta of 1.55. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last posted its earnings results on Friday, February 28th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.03). The business had revenue of $153.00 million during the quarter, compared to analysts' expectations of $148.83 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. Integral Ad Science's revenue for the quarter was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.06 EPS. Sell-side analysts expect that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current fiscal year.

Insider Transactions at Integral Ad Science

In related news, CEO Lisa Utzschneider sold 8,367 shares of the company's stock in a transaction that occurred on Wednesday, May 7th. The shares were sold at an average price of $7.37, for a total transaction of $61,664.79. Following the sale, the chief executive officer now owns 349,574 shares of the company's stock, valued at approximately $2,576,360.38. This represents a 2.34 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold 86,222 shares of company stock valued at $636,252 over the last three months. Company insiders own 2.00% of the company's stock.

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.