Integral Ad Science (NASDAQ:IAS) Shares Down 3.7% - Time to Sell?

Integral Ad Science Holding Corp. (NASDAQ:IAS - Get Free Report)'s share price dropped 3.7% on Monday . The company traded as low as $6.46 and last traded at $6.48. Approximately 165,502 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 1,138,832 shares. The stock had previously closed at $6.73.

Analyst Ratings Changes

IAS has been the subject of several recent analyst reports. Scotiabank assumed coverage on Integral Ad Science in a research report on Friday, February 28th. They set a "sector perform" rating and a $12.00 target price for the company. Robert W. Baird reaffirmed a "neutral" rating and issued a $9.00 price objective (down previously from $16.00) on shares of Integral Ad Science in a research report on Friday, March 28th. Truist Financial boosted their target price on shares of Integral Ad Science from $16.00 to $17.00 and gave the company a "buy" rating in a research note on Monday, March 3rd. Morgan Stanley reduced 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 note on Thursday. Finally, Benchmark reissued a "hold" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Six research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $14.35.

Integral Ad Science Stock Performance

The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71. The company has a market cap of $1.07 billion, a PE ratio of 32.60, a price-to-earnings-growth ratio of 1.06 and a beta of 1.53. The business has a fifty day simple moving average of $8.85 and a two-hundred day simple moving average of $10.10.

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

Insider Buying and Selling at Integral Ad Science

In other Integral Ad Science news, CEO Lisa Utzschneider sold 12,448 shares of the stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $10.61, for a total value of $132,073.28. Following the completion of the sale, the chief executive officer now directly owns 278,650 shares in the company, valued at approximately $2,956,476.50. This trade represents a 4.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold a total of 90,303 shares of company stock worth $706,660 over the last three months. Corporate insiders own 2.00% of the company's stock.

Institutional Investors Weigh In On Integral Ad Science

Large investors have recently modified their holdings of the business. Barclays PLC grew its position in Integral Ad Science by 207.1% during the 3rd quarter. Barclays PLC now owns 127,733 shares of the company's stock worth $1,380,000 after purchasing an additional 86,133 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Integral Ad Science by 47.6% during the third quarter. JPMorgan Chase & Co. now owns 717,528 shares of the company's stock valued at $7,756,000 after buying an additional 231,271 shares during the last quarter. Franklin Resources Inc. increased its position in shares of Integral Ad Science by 12.9% in the 3rd quarter. Franklin Resources Inc. now owns 110,449 shares of the company's stock valued at $1,191,000 after acquiring an additional 12,647 shares during the period. Charles Schwab Investment Management Inc. raised its stake in Integral Ad Science by 1.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 603,848 shares of the company's stock worth $6,304,000 after acquiring an additional 7,941 shares during the last quarter. Finally, Handelsbanken Fonder AB acquired a new stake in Integral Ad Science during the 4th quarter worth about $162,000. Hedge funds and other institutional investors own 95.78% 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.