Millennium Management LLC bought a new position in Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 64,124 shares of the company's stock, valued at approximately $669,000.
A number of other hedge funds also recently bought and sold shares of the company. Alta Fox Capital Management LLC purchased a new position in shares of Integral Ad Science during the fourth quarter valued at approximately $61,000. BNP Paribas Financial Markets purchased a new position in shares of Integral Ad Science during the fourth quarter valued at approximately $120,000. ClearAlpha Technologies LP purchased a new position in shares of Integral Ad Science during the fourth quarter valued at approximately $143,000. PEAK6 LLC purchased a new position in shares of Integral Ad Science during the fourth quarter valued at approximately $146,000. Finally, Handelsbanken Fonder AB purchased a new position in shares of Integral Ad Science during the fourth quarter valued at approximately $162,000. Institutional investors own 95.78% of the company's stock.
Integral Ad Science Trading Down 0.2%
Shares of NASDAQ:IAS opened at $8.22 on Friday. The company has a market cap of $1.36 billion, a P/E ratio of 41.10, a PEG ratio of 1.06 and a beta of 1.59. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71. Integral Ad Science Holding Corp. has a 1 year low of $6.26 and a 1 year high of $13.62. The stock's fifty day moving average price is $7.43 and its 200-day moving average price is $9.25.
Integral Ad Science (NASDAQ:IAS - Get Free Report) last announced its quarterly earnings results on Monday, May 12th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.02. The firm had revenue of $134.07 million for the quarter, compared to the consensus estimate of $129.20 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. Sell-side analysts expect that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on the company. Scotiabank assumed coverage on Integral Ad Science in a research note on Friday, February 28th. They issued a "sector perform" rating and a $12.00 price target on the stock. Morgan Stanley reduced their price target on Integral Ad Science from $13.50 to $12.50 and set an "equal weight" rating on the stock in a research note on Thursday, April 17th. Raymond James upped their price target on Integral Ad Science from $11.00 to $13.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 13th. Truist Financial upped their price target on Integral Ad Science from $16.00 to $17.00 and gave the stock a "buy" rating in a research note on Monday, March 3rd. Finally, Oppenheimer reaffirmed an "outperform" rating on shares of Integral Ad Science in a research note on Friday, February 28th. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $13.55.
Get Our Latest Research Report on IAS
Insider Activity at Integral Ad Science
In related news, CEO Lisa Utzschneider sold 68,671 shares of the company's stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of $7.44, for a total transaction of $510,912.24. Following the completion of the sale, the chief executive officer now owns 334,051 shares in the company, valued at approximately $2,485,339.44. This represents a 17.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last 90 days, insiders sold 86,222 shares of company stock worth $636,252. 2.00% of the stock is owned by insiders.
Integral Ad Science Profile
(
Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Integral Ad Science, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Integral Ad Science wasn't on the list.
While Integral Ad Science currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
