Brokerages Set Integral Ad Science Holding Corp. (NASDAQ:IAS) Target Price at $13.15

Integral Ad Science Holding Corp. (NASDAQ:IAS - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the twelve research firms that are presently covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $13.15.

Several brokerages have recently weighed in on IAS. Truist Financial boosted 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. Stifel Nicolaus reduced their price objective 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. Oppenheimer restated an "outperform" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Barclays reduced their price objective on shares of Integral Ad Science from $14.00 to $7.00 and set an "equal weight" rating for the company in a research report on Monday, April 21st. Finally, Scotiabank began coverage on shares of Integral Ad Science in a research report on Friday, February 28th. They set a "sector perform" rating and a $12.00 price objective for the company.

Insider Activity at Integral Ad Science

In related news, CEO Lisa Utzschneider sold 8,367 shares of the stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $7.37, for a total value of $61,664.79. Following the sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last three months, insiders have sold 86,222 shares of company stock valued at $636,252. Insiders own 2.00% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in IAS. Vanguard Group Inc. increased its position in Integral Ad Science by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 9,090,229 shares of the company's stock worth $73,267,000 after purchasing an additional 41,683 shares in the last quarter. Jefferies Financial Group Inc. acquired a new stake in Integral Ad Science in the first quarter valued at approximately $1,814,000. GSA Capital Partners LLP acquired a new stake in Integral Ad Science in the first quarter valued at approximately $603,000. Federated Hermes Inc. grew its position in Integral Ad Science by 35.0% in the first quarter. Federated Hermes Inc. now owns 27,000 shares of the company's stock valued at $218,000 after acquiring an additional 7,000 shares in the last quarter. Finally, Corton Capital Inc. acquired a new stake in Integral Ad Science in the first quarter valued at approximately $122,000. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Integral Ad Science Stock Up 4.4%

Shares of NASDAQ IAS traded up $0.34 during midday trading on Wednesday, hitting $8.06. The company's stock had a trading volume of 101,472 shares, compared to its average volume of 1,012,722. The business's fifty day simple moving average is $7.86 and its two-hundred day simple moving average is $9.73. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71. Integral Ad Science has a 1 year low of $6.26 and a 1 year high of $13.62. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 40.51, a price-to-earnings-growth ratio of 1.06 and a beta of 1.55.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last posted its quarterly earnings data on Friday, February 28th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.03). Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The business had revenue of $153.00 million during the quarter, compared to analysts' expectations of $148.83 million. During the same period in the previous year, the business posted $0.06 EPS. The company's revenue for the quarter was up 13.9% compared to the same quarter last year. On average, equities analysts predict that Integral Ad Science will post 0.26 EPS for the current year.

Integral Ad Science Company 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.