Janus Henderson Group PLC Lowers Position in Integral Ad Science Holding Corp. (NASDAQ:IAS)

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

Other hedge funds and other institutional investors have also modified their holdings of the company. Alta Fox Capital Management LLC bought a new position in Integral Ad Science during the 4th quarter worth $61,000. BNP Paribas Financial Markets acquired a new stake in Integral Ad Science in the 4th quarter worth about $120,000. ClearAlpha Technologies LP bought a new stake in Integral Ad Science in the 4th quarter valued at about $143,000. PEAK6 LLC bought a new stake in Integral Ad Science in the 4th quarter valued at about $146,000. Finally, Handelsbanken Fonder AB acquired a new position in shares of Integral Ad Science during the 4th quarter worth approximately $162,000. Institutional investors own 95.78% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on IAS shares. Oppenheimer reissued an "outperform" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Wall Street Zen lowered Integral Ad Science from a "buy" rating to a "hold" rating in a report on Thursday. Morgan Stanley decreased 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 report on Thursday, April 17th. Truist Financial upped their price objective on shares of Integral Ad Science from $16.00 to $17.00 and gave the stock a "buy" rating in a research report on Monday, March 3rd. Finally, Baird R W downgraded shares of Integral Ad Science from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 28th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Integral Ad Science has a consensus rating of "Hold" and a consensus price target of $13.55.

Integral Ad Science Stock Performance

Integral Ad Science stock traded down $0.16 during mid-day trading on Monday, reaching $7.84. 1,562,967 shares of the company's stock were exchanged, compared to its average volume of 1,016,129. The business's fifty day simple moving average is $7.53 and its 200 day simple moving average is $9.42. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07. Integral Ad Science Holding Corp. has a one year low of $6.26 and a one year high of $13.62. The firm has a market capitalization of $1.29 billion, a PE ratio of 39.20, a P/E/G ratio of 1.06 and a beta of 1.55.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last released its earnings results on Monday, May 12th. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. The company had revenue of $134.07 million for the quarter, compared to analysts' expectations of $129.20 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. On average, sell-side analysts expect that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Insiders Place Their Bets

In other Integral Ad Science news, CEO Lisa Utzschneider sold 8,367 shares of the stock in a transaction on Wednesday, May 7th. The stock was sold at an average price of $7.37, for a total transaction of $61,664.79. Following the completion of the transaction, the chief executive officer now directly owns 349,574 shares of the company's stock, valued at approximately $2,576,360.38. This represents a 2.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last 90 days, insiders have sold 86,222 shares of company stock valued at $636,252. Company insiders own 2.00% of the company's stock.

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.