Integral Ad Science (NASDAQ:IAS) Stock Rating Upgraded by Wall Street Zen

Integral Ad Science (NASDAQ:IAS - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Saturday.

Several other equities research analysts have also recently commented on the company. Raymond James raised their target price on Integral Ad Science from $11.00 to $13.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 13th. Robert W. Baird restated a "neutral" rating and set a $9.00 price target (down previously from $16.00) on shares of Integral Ad Science in a research report on Friday, March 28th. Stifel Nicolaus dropped their price objective on Integral Ad Science from $15.00 to $13.00 and set a "buy" rating for the company in a research note on Wednesday, April 23rd. Barclays lifted their target price on shares of Integral Ad Science from $7.00 to $9.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 13th. Finally, Truist Financial increased their price target on shares of Integral Ad Science from $16.00 to $17.00 and gave the company a "buy" rating in a research report on Monday, March 3rd. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $13.55.

Integral Ad Science Price Performance

Shares of NASDAQ:IAS opened at $8.15 on Friday. Integral Ad Science has a 12 month low of $6.26 and a 12 month high of $13.62. The stock has a market capitalization of $1.34 billion, a PE ratio of 40.75, a PEG ratio of 1.06 and a beta of 1.59. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07. The firm has a 50 day moving average of $7.53 and a 200-day moving average of $9.16.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last issued its earnings results on Monday, May 12th. The company reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.02. The firm 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 6.39% and a return on equity of 3.47%. On average, equities research analysts predict that Integral Ad Science will post 0.26 EPS for the current fiscal year.

Insider Transactions at Integral Ad Science

In other Integral Ad Science news, CEO Lisa Utzschneider sold 8,547 shares of Integral Ad Science stock in a transaction on Monday, April 7th. The shares were sold at an average price of $6.85, for a total value of $58,546.95. Following the completion of the transaction, the chief executive officer now directly owns 341,271 shares of the company's stock, valued at $2,337,706.35. This trade represents a 2.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders sold a total of 86,222 shares of company stock valued at $636,252 over the last 90 days. Company insiders own 2.00% of the company's stock.

Institutional Investors Weigh In On Integral Ad Science

A number of institutional investors and hedge funds have recently modified their holdings of IAS. Jane Street Group LLC bought a new stake in shares of Integral Ad Science during the first quarter valued at approximately $1,986,000. Caxton Associates LLP bought a new position in shares of Integral Ad Science during the 1st quarter worth $282,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Integral Ad Science by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 43,326 shares of the company's stock valued at $349,000 after acquiring an additional 1,807 shares in the last quarter. Invenomic Capital Management LP increased its position in Integral Ad Science by 84.3% during the 1st quarter. Invenomic Capital Management LP now owns 1,649,983 shares of the company's stock valued at $13,299,000 after purchasing an additional 754,922 shares during the period. Finally, Circumference Group LLC lifted its position in shares of Integral Ad Science by 10.5% in the 1st quarter. Circumference Group LLC now owns 210,000 shares of the company's stock worth $1,693,000 after purchasing an additional 20,000 shares during the period. 95.78% of the stock is owned by institutional investors.

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.

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