Algert Global LLC Decreases Stock Holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Algert Global LLC reduced its stake in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 79.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 82,779 shares of the company's stock after selling 314,792 shares during the quarter. Algert Global LLC owned 0.05% of Integral Ad Science worth $864,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the business. Alyeska Investment Group L.P. bought a new stake in shares of Integral Ad Science in the fourth quarter worth $41,543,000. Dimensional Fund Advisors LP grew its position in Integral Ad Science by 18.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,789,996 shares of the company's stock valued at $39,567,000 after buying an additional 580,323 shares in the last quarter. Ararat Capital Management LP lifted its position in Integral Ad Science by 13.4% in the fourth quarter. Ararat Capital Management LP now owns 2,281,912 shares of the company's stock worth $23,823,000 after purchasing an additional 269,346 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Integral Ad Science by 47.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 717,528 shares of the company's stock worth $7,756,000 after purchasing an additional 231,271 shares during the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Integral Ad Science by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 9,048,546 shares of the company's stock worth $94,467,000 after buying an additional 205,562 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have commented on the stock. Oppenheimer reissued an "outperform" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Baird R W lowered Integral Ad Science from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 28th. Benchmark restated a "hold" rating on shares of Integral Ad Science in a research note on Friday, February 28th. Raymond James upped their target price on shares of Integral Ad Science from $11.00 to $13.00 and gave the company an "outperform" rating in a research report on Tuesday. Finally, Truist Financial lifted 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 note on Monday, March 3rd. Six analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $13.55.

Integral Ad Science Stock Performance

Shares of IAS traded up $0.02 during mid-day trading on Friday, reaching $8.06. The company's stock had a trading volume of 542,526 shares, compared to its average volume of 1,025,015. Integral Ad Science Holding Corp. has a 1-year low of $6.26 and a 1-year high of $13.62. The stock has a market cap of $1.33 billion, a P/E ratio of 40.28, a PEG ratio of 1.06 and a beta of 1.55. The business has a 50-day simple moving average of $7.70 and a two-hundred day simple moving average of $9.66. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07.

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

Insider Activity at Integral Ad Science

In other Integral Ad Science news, CEO Lisa Utzschneider sold 68,671 shares of the business's stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of $7.44, for a total value of $510,912.24. Following the sale, the chief executive officer now directly owns 334,051 shares in the company, valued at $2,485,339.44. The trade was a 17.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold 86,222 shares of company stock valued at $636,252 in the last three months. Corporate insiders own 2.00% of the company's stock.

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.