Integral Ad Science (NASDAQ:IAS) Hits New 12-Month Low Following Insider Selling

Integral Ad Science Holding Corp. (NASDAQ:IAS - Get Free Report)'s stock price hit a new 52-week low during trading on Wednesday after an insider sold shares in the company. The company traded as low as $8.58 and last traded at $8.58, with a volume of 15871 shares trading hands. The stock had previously closed at $9.90.

Specifically, CEO Lisa Utzschneider sold 8,044 shares of the company's stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $9.97, for a total value of $80,198.68. Following the completion of the transaction, the chief executive officer now directly owns 203,139 shares of the company's stock, valued at $2,025,295.83. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Lisa Utzschneider sold 8,044 shares of the company's stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $9.97, for a total value of $80,198.68. Following the completion of the transaction, the chief executive officer now directly owns 203,139 shares of the company's stock, valued at $2,025,295.83. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Tania Secor sold 17,999 shares of the company's stock in a transaction that occurred on Monday, April 8th. The shares were sold at an average price of $10.05, for a total value of $180,889.95. Following the completion of the transaction, the chief financial officer now directly owns 239,174 shares of the company's stock, valued at $2,403,698.70. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 75,126 shares of company stock worth $749,707. Company insiders own 2.00% of the company's stock.

Analyst Upgrades and Downgrades

IAS has been the subject of several research analyst reports. Morgan Stanley reissued an "equal weight" rating and issued a $12.00 price objective (down from $18.00) on shares of Integral Ad Science in a report on Tuesday, April 16th. Oppenheimer decreased their price objective on Integral Ad Science from $25.00 to $20.00 and set an "outperform" rating for the company in a report on Wednesday, February 28th. BMO Capital Markets decreased their price objective on Integral Ad Science from $18.00 to $16.00 and set an "outperform" rating for the company in a report on Wednesday, February 28th. Bank of America assumed coverage on Integral Ad Science in a report on Thursday, January 11th. They issued a "buy" rating and a $19.00 price objective for the company. Finally, Loop Capital assumed coverage on Integral Ad Science in a report on Tuesday, April 30th. They set a "buy" rating and a $15.00 price target for the company. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to data from MarketBeat.com, Integral Ad Science presently has an average rating of "Moderate Buy" and an average target price of $17.38.

Integral Ad Science Price Performance

The company has a 50-day simple moving average of $9.70 and a 200-day simple moving average of $12.84. The stock has a market cap of $1.34 billion, a PE ratio of 206.05, a PEG ratio of 1.72 and a beta of 1.58. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.21 and a quick ratio of 3.21.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last released its quarterly earnings data on Tuesday, February 27th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.03. The firm had revenue of $134.30 million during the quarter, compared to analysts' expectations of $131.27 million. Integral Ad Science had a return on equity of 0.83% and a net margin of 1.53%. Integral Ad Science's revenue was up 14.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.07 earnings per share. Sell-side analysts anticipate that Integral Ad Science Holding Corp. will post 0.16 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. M&T Bank Corp increased its position in shares of Integral Ad Science by 5.6% in the fourth quarter. M&T Bank Corp now owns 14,430 shares of the company's stock valued at $207,000 after buying an additional 770 shares in the last quarter. Amalgamated Bank boosted its stake in shares of Integral Ad Science by 19.9% during the third quarter. Amalgamated Bank now owns 6,951 shares of the company's stock valued at $83,000 after acquiring an additional 1,156 shares during the last quarter. American Trust boosted its stake in shares of Integral Ad Science by 10.8% during the third quarter. American Trust now owns 13,328 shares of the company's stock valued at $158,000 after acquiring an additional 1,302 shares during the last quarter. Strs Ohio boosted its stake in shares of Integral Ad Science by 6.5% during the third quarter. Strs Ohio now owns 37,800 shares of the company's stock valued at $449,000 after acquiring an additional 2,300 shares during the last quarter. Finally, Quantbot Technologies LP boosted its stake in shares of Integral Ad Science by 7.1% during the third quarter. Quantbot Technologies LP now owns 37,224 shares of the company's stock valued at $443,000 after acquiring an additional 2,472 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company's stock.

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.