LMR Partners LLP Purchases Shares of 38,079 Integral Ad Science Holding Corp. (NASDAQ:IAS)

LMR Partners LLP bought a new stake in Integral Ad Science Holding Corp. (NASDAQ:IAS - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 38,079 shares of the company's stock, valued at approximately $398,000.

Several other large investors also recently modified their holdings of IAS. Invenomic Capital Management LP increased its stake in Integral Ad Science by 52.9% in the fourth quarter. Invenomic Capital Management LP now owns 895,061 shares of the company's stock valued at $9,344,000 after purchasing an additional 309,752 shares in the last quarter. Eisler Capital Management Ltd. bought a new stake in Integral Ad Science in the 4th quarter worth about $740,000. Circumference Group LLC increased its position in shares of Integral Ad Science by 26.7% during the fourth quarter. Circumference Group LLC now owns 190,000 shares of the company's stock valued at $1,984,000 after acquiring an additional 40,000 shares during the last quarter. Clearline Capital LP purchased a new position in shares of Integral Ad Science in the 4th quarter worth about $3,949,000. Finally, Cantor Fitzgerald L. P. bought a new position in shares of Integral Ad Science during the 4th quarter valued at approximately $637,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Integral Ad Science Price Performance

Shares of NASDAQ IAS traded up $0.01 during midday trading on Monday, hitting $8.10. 1,107,477 shares of the company's stock were exchanged, compared to its average volume of 1,033,587. 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 business's fifty day moving average price is $7.67 and its two-hundred day moving average price is $9.60. The company has a market cap of $1.34 billion, a price-to-earnings ratio of 40.50, a PEG ratio of 1.06 and a beta of 1.55. Integral Ad Science Holding Corp. has a 12-month low of $6.26 and a 12-month high of $13.62.

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

Insider Activity

In other Integral Ad Science 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 transaction 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 trade represents a 2.44% decrease in their ownership of the stock. 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 worth $636,252. 2.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Stifel Nicolaus dropped their price target on Integral Ad Science from $15.00 to $13.00 and set a "buy" rating on the stock in a research report on Wednesday, April 23rd. Baird R W cut shares of Integral Ad Science from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 28th. Oppenheimer reissued an "outperform" rating on shares of Integral Ad Science in a report on Friday, February 28th. Scotiabank began coverage on Integral Ad Science in a report on Friday, February 28th. They issued a "sector perform" rating and a $12.00 price target for the company. Finally, Raymond James boosted their price objective on Integral Ad Science from $11.00 to $13.00 and gave the company an "outperform" rating in a research note on Tuesday, May 13th. Six equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $13.55.

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.