Integral Ad Science Holding Corp. (NASDAQ:IAS) Shares Acquired by Northern Trust Corp

Northern Trust Corp increased its holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 11.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 677,204 shares of the company's stock after purchasing an additional 67,038 shares during the period. Northern Trust Corp owned approximately 0.42% of Integral Ad Science worth $7,070,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. ClearAlpha Technologies LP bought a new stake in shares of Integral Ad Science during the fourth quarter worth $143,000. PEAK6 LLC bought a new stake in Integral Ad Science during the 4th quarter valued at about $146,000. Handelsbanken Fonder AB purchased a new stake in Integral Ad Science in the 4th quarter valued at about $162,000. XTX Topco Ltd purchased a new stake in Integral Ad Science in the 4th quarter valued at about $172,000. Finally, Cornerstone Investment Partners LLC bought a new position in Integral Ad Science in the 4th quarter worth about $187,000. Hedge funds and other institutional investors own 95.78% of the company's stock.

Integral Ad Science Stock Down 2.0%

IAS stock traded down $0.16 during trading on Friday, reaching $7.84. 1,562,967 shares of the company traded hands, compared to its average volume of 1,016,129. The business has a 50 day simple moving average of $7.55 and a 200 day simple moving average of $9.46. Integral Ad Science Holding Corp. has a 12 month low of $6.26 and a 12 month 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 company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 39.20, a price-to-earnings-growth ratio of 1.06 and a beta of 1.55.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.03 by $0.02. The firm had revenue of $134.07 million during the quarter, compared to analyst estimates of $129.20 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. On average, equities research analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Integral Ad Science news, CEO Lisa Utzschneider sold 8,547 shares of Integral Ad Science stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of $6.85, for a total transaction of $58,546.95. Following the completion of the sale, the chief executive officer now directly owns 341,271 shares in the company, valued at approximately $2,337,706.35. The trade was a 2.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In the last 90 days, insiders sold 86,222 shares of company stock valued at $636,252. 2.00% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on IAS. Wall Street Zen downgraded shares of Integral Ad Science from a "buy" rating to a "hold" rating in a research note on Thursday. Oppenheimer reaffirmed an "outperform" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Benchmark reiterated a "hold" rating on shares of Integral Ad Science in a report on Friday, February 28th. Raymond James increased their price target 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. Finally, Baird R W downgraded Integral Ad Science from a "strong-buy" rating to a "hold" rating in a report on Friday, March 28th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $13.55.

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.