Alps Advisors Inc. Acquires Shares of 39,190 Integral Ad Science Holding Corp. (NASDAQ:IAS)

Alps Advisors Inc. purchased a new stake in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) in the first quarter, according to its most recent 13F filing with the SEC. The fund purchased 39,190 shares of the company's stock, valued at approximately $316,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Integral Ad Science by 4.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,519 shares of the company's stock valued at $433,000 after purchasing an additional 1,832 shares during the period. Envestnet Asset Management Inc. lifted its position in Integral Ad Science by 7.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 31,807 shares of the company's stock worth $332,000 after buying an additional 2,188 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Integral Ad Science by 8.9% during the 4th quarter. Victory Capital Management Inc. now owns 32,880 shares of the company's stock valued at $343,000 after acquiring an additional 2,695 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Integral Ad Science by 547.1% during the first quarter. GAMMA Investing LLC now owns 3,313 shares of the company's stock worth $270,000 after buying an additional 2,801 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in Integral Ad Science by 1.7% during the fourth quarter. Renaissance Technologies LLC now owns 207,600 shares of the company's stock worth $2,167,000 after acquiring an additional 3,400 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Raymond James Financial raised their target price on Integral Ad Science from $11.00 to $13.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 13th. Robert W. Baird restated a "neutral" rating and set a $9.00 price objective (down previously from $16.00) on shares of Integral Ad Science in a report on Friday, March 28th. Stifel Nicolaus dropped their price target on Integral Ad Science from $15.00 to $13.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Morgan Stanley decreased their price target on shares of Integral Ad Science from $13.50 to $12.50 and set an "equal weight" rating for the company in a report on Thursday, April 17th. Finally, Baird R W cut shares of Integral Ad Science from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 28th. Six analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, Integral Ad Science currently has a consensus rating of "Moderate Buy" and an average target price of $13.55.

Insider Buying and Selling at Integral Ad Science

In related news, CEO Lisa Utzschneider sold 8,285 shares of Integral Ad Science stock in a transaction on Thursday, July 10th. The stock was sold at an average price of $8.29, for a total transaction of $68,682.65. Following the transaction, the chief executive officer directly owned 371,031 shares in the company, valued at approximately $3,075,846.99. The trade was a 2.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders sold 33,518 shares of company stock valued at $270,739. Insiders own 2.00% of the company's stock.

Integral Ad Science Stock Up 2.9%

IAS traded up $0.24 during trading on Monday, hitting $8.51. The company had a trading volume of 935,504 shares, compared to its average volume of 954,955. The business has a 50-day moving average of $8.13 and a 200-day moving average of $8.70. The company has a market cap of $1.40 billion, a PE ratio of 29.34, a P/E/G ratio of 1.41 and a beta of 1.57. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.01 and a quick ratio of 4.01. Integral Ad Science Holding Corp. has a 1-year low of $6.26 and a 1-year high of $13.62.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last released its quarterly earnings results on Monday, May 12th. The company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. The firm had revenue of $134.07 million during the quarter, compared to the consensus estimate of $129.20 million. Integral Ad Science had a return on equity of 4.74% and a net margin of 8.56%. As a group, analysts forecast that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

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.