TimesSquare Capital Management LLC Reduces Holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS)

TimesSquare Capital Management LLC trimmed its position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 14.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,719,863 shares of the company's stock after selling 280,310 shares during the quarter. TimesSquare Capital Management LLC owned 1.05% of Integral Ad Science worth $13,862,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of IAS. DekaBank Deutsche Girozentrale bought a new stake in shares of Integral Ad Science during the first quarter worth $42,000. State of Wyoming bought a new stake in shares of Integral Ad Science during the fourth quarter worth $51,000. Alta Fox Capital Management LLC bought a new stake in shares of Integral Ad Science during the fourth quarter worth $61,000. Teacher Retirement System of Texas bought a new stake in shares of Integral Ad Science during the first quarter worth $96,000. Finally, BNP Paribas Financial Markets bought a new stake in shares of Integral Ad Science during the fourth quarter worth $120,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Integral Ad Science news, CEO Lisa Utzschneider sold 14,904 shares of the business's stock in a transaction dated Tuesday, July 8th. The shares were sold at an average price of $8.31, for a total value of $123,852.24. Following the completion of the transaction, the chief executive officer directly owned 379,316 shares in the company, valued at approximately $3,152,115.96. The trade was a 3.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold 33,518 shares of company stock valued at $270,739 in the last ninety days. Insiders own 2.00% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Morgan Stanley decreased their target price on Integral Ad Science from $13.50 to $12.50 and set an "equal weight" rating for the company in a research report on Thursday, April 17th. Wall Street Zen upgraded Integral Ad Science from a "hold" rating to a "buy" rating in a report on Saturday, June 14th. Baird R W downgraded Integral Ad Science from a "strong-buy" rating to a "hold" rating in a report on Friday, March 28th. Stifel Nicolaus decreased their price objective on Integral Ad Science from $15.00 to $13.00 and set a "buy" rating for the company in a report on Wednesday, April 23rd. Finally, Barclays lifted their price objective on Integral Ad Science from $7.00 to $9.00 and gave the company an "equal weight" rating in a report on Tuesday, May 13th. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $13.55.

Integral Ad Science Stock Up 0.3%

Integral Ad Science stock traded up $0.02 during trading hours on Friday, reaching $8.29. The stock had a trading volume of 457,600 shares, compared to its average volume of 952,291. The company has a market cap of $1.37 billion, a price-to-earnings ratio of 28.60, a PEG ratio of 1.37 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. The business's 50 day moving average price is $8.12 and its 200-day moving average price is $8.74. Integral Ad Science Holding Corp. has a 52 week low of $6.26 and a 52 week high of $13.62.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last announced 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 business had revenue of $134.07 million during the quarter, compared to the consensus estimate of $129.20 million. Integral Ad Science had a net margin of 8.56% and a return on equity of 4.74%. Sell-side analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 EPS for the current year.

About Integral Ad Science

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.