Rice Hall James & Associates LLC Reduces Holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Rice Hall James & Associates LLC reduced its position in Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 25.1% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 235,212 shares of the company's stock after selling 78,917 shares during the period. Rice Hall James & Associates LLC owned about 0.14% of Integral Ad Science worth $1,896,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale purchased a new position in shares of Integral Ad Science during the first quarter valued at approximately $42,000. State of Wyoming bought a new stake in Integral Ad Science in the 4th quarter worth approximately $51,000. Alta Fox Capital Management LLC purchased a new stake in Integral Ad Science during the 4th quarter valued at $61,000. Teacher Retirement System of Texas purchased a new stake in Integral Ad Science during the 1st quarter valued at $96,000. Finally, BNP Paribas Financial Markets bought a new position in shares of Integral Ad Science during the 4th quarter valued at $120,000. 95.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on IAS. Raymond James Financial upped their price objective on Integral Ad Science from $11.00 to $13.00 and gave the company an "outperform" rating in a research report on Tuesday, May 13th. Barclays upped their price target on shares of Integral Ad Science from $7.00 to $9.00 and gave the company an "equal weight" rating in a research report on Tuesday, May 13th. Wall Street Zen upgraded shares of Integral Ad Science from a "hold" rating to a "buy" rating in a research note on Saturday, June 14th. Stifel Nicolaus cut their target price on shares of Integral Ad Science from $15.00 to $13.00 and set a "buy" rating for the company in a research report on Wednesday, April 23rd. Finally, Morgan Stanley decreased their price target on shares of 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. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $13.55.

Insider Activity

In other Integral Ad Science 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 value of $68,682.65. Following the sale, the chief executive officer owned 371,031 shares in the company, valued at $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 available through the SEC website. In the last three months, insiders have sold 33,518 shares of company stock worth $270,739. 2.00% of the stock is owned by company insiders.

Integral Ad Science Stock Performance

IAS stock traded up $0.14 during midday trading on Wednesday, reaching $8.04. The stock had a trading volume of 541,716 shares, compared to its average volume of 954,330. The firm has a fifty day simple moving average of $8.11 and a two-hundred day simple moving average of $8.75. Integral Ad Science Holding Corp. has a 52-week low of $6.26 and a 52-week high of $13.62. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.01 and a current ratio of 4.01. The stock has a market cap of $1.33 billion, a PE ratio of 27.72, a P/E/G ratio of 1.35 and a beta of 1.57.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last posted its quarterly earnings results on Monday, May 12th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.03 by $0.02. The company had revenue of $134.07 million for the quarter, compared to analyst estimates of $129.20 million. Integral Ad Science had a net margin of 8.56% and a return on equity of 4.74%. As a group, equities research analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 EPS 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.