JPMorgan Chase & Co. Has $2.78 Million Position in Integral Ad Science Holding Corp. (NASDAQ:IAS)

JPMorgan Chase & Co. lessened its stake in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) by 62.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 266,327 shares of the company's stock after selling 451,201 shares during the period. JPMorgan Chase & Co. owned 0.16% of Integral Ad Science worth $2,780,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IAS. EntryPoint Capital LLC acquired a new stake in shares of Integral Ad Science in the fourth quarter worth $387,000. Clune & Associates LTD. acquired a new stake in shares of Integral Ad Science in the fourth quarter worth $1,037,000. Horrell Capital Management Inc. grew its stake in shares of Integral Ad Science by 26.7% in the fourth quarter. Horrell Capital Management Inc. now owns 190,000 shares of the company's stock worth $1,984,000 after acquiring an additional 40,000 shares during the last quarter. Vanguard Group Inc. grew its stake 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 acquiring an additional 205,562 shares during the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of Integral Ad Science in the fourth quarter worth $257,000. Institutional investors and hedge funds own 95.78% of the company's stock.

Insider Activity at Integral Ad Science

In related news, CEO Lisa Utzschneider sold 8,547 shares of the stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 341,271 shares in the company, valued at $2,337,706.35. This represents a 2.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders sold 90,303 shares of company stock valued at $706,660 over the last ninety days. 2.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

IAS has been the topic of several research analyst reports. Stifel Nicolaus lowered their price objective on shares of Integral Ad Science from $15.00 to $13.00 and set a "buy" rating on the stock in a research note on Wednesday, April 23rd. Baird R W cut Integral Ad Science from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 28th. Benchmark reaffirmed a "hold" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Oppenheimer reaffirmed an "outperform" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Finally, Truist Financial raised their target price on Integral Ad Science from $16.00 to $17.00 and gave the stock a "buy" rating in a research report on Monday, March 3rd. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $13.68.

Integral Ad Science Price Performance

Shares of Integral Ad Science stock traded up $0.09 during trading on Monday, reaching $7.23. The company's stock had a trading volume of 878,585 shares, compared to its average volume of 1,099,794. The stock has a 50-day moving average price of $8.39 and a two-hundred day moving average price of $9.95. 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 Holding Corp. has a one year low of $6.26 and a one year high of $13.62. The stock has a market capitalization of $1.18 billion, a P/E ratio of 36.15, a price-to-earnings-growth ratio of 1.06 and a beta of 1.53.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last released its quarterly earnings results on Friday, February 28th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $148.83 million. During the same period in the prior year, the firm earned $0.06 earnings per share. The business's quarterly revenue was up 13.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 EPS for the current fiscal year.

Integral Ad Science 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.