Janus Henderson Group PLC Sells 116,811 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Janus Henderson Group PLC lessened its holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 32.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 242,559 shares of the company's stock after selling 116,811 shares during the period. Janus Henderson Group PLC owned about 0.15% of Integral Ad Science worth $2,532,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Alta Fox Capital Management LLC bought a new stake in shares of Integral Ad Science in the 4th quarter valued at about $61,000. BNP Paribas Financial Markets purchased a new stake in Integral Ad Science during the fourth quarter valued at approximately $120,000. ClearAlpha Technologies LP acquired a new stake in Integral Ad Science in the fourth quarter valued at approximately $143,000. PEAK6 LLC purchased a new position in Integral Ad Science in the fourth quarter worth $146,000. Finally, Handelsbanken Fonder AB purchased a new position in Integral Ad Science in the fourth quarter worth $162,000. 95.78% of the stock is currently owned by institutional investors.

Integral Ad Science Trading Up 0.6%

Shares of Integral Ad Science stock opened at $8.13 on Wednesday. Integral Ad Science Holding Corp. has a fifty-two week low of $6.26 and a fifty-two week 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 firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 40.65, a PEG ratio of 1.06 and a beta of 1.55. The stock has a 50 day moving average of $7.62 and a 200 day moving average of $9.57.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.02. The company had revenue of $134.07 million during the quarter, compared to analyst estimates of $129.20 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. As a group, research analysts predict that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Insider Activity

In other Integral Ad Science news, CEO Lisa Utzschneider sold 8,547 shares of the company's stock in a transaction dated Monday, April 7th. The stock was sold at an average price of $6.85, for a total transaction of $58,546.95. Following the sale, the chief executive officer now owns 341,271 shares in the company, valued at $2,337,706.35. This represents a 2.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last quarter, insiders sold 86,222 shares of company stock valued at $636,252. 2.00% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

IAS has been the subject of a number of recent analyst reports. Truist Financial raised their price objective on Integral Ad Science from $16.00 to $17.00 and gave the stock a "buy" rating in a research report on Monday, March 3rd. Raymond James boosted 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. Morgan Stanley cut their price objective on shares of 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. Benchmark reiterated a "hold" rating on shares of Integral Ad Science in a research note on Friday, February 28th. Finally, Robert W. Baird restated a "neutral" rating and set a $9.00 price target (down previously from $16.00) on shares of Integral Ad Science in a research note on Friday, March 28th. Six equities 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 has an average rating of "Moderate Buy" and a consensus price target 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.

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.