Integral Ad Science's (IAS) "Equal Weight" Rating Reaffirmed at Morgan Stanley

Integral Ad Science (NASDAQ:IAS - Get Free Report)'s stock had its "equal weight" rating reiterated by research analysts at Morgan Stanley in a research note issued on Tuesday, MarketBeat Ratings reports. They currently have a $12.00 price target on the stock, down from their prior price target of $18.00. Morgan Stanley's price objective would suggest a potential upside of 25.92% from the stock's previous close.

IAS has been the subject of a number of other reports. Raymond James lowered Integral Ad Science from a "strong-buy" rating to an "outperform" rating and cut their price target for the stock from $20.00 to $16.00 in a report on Wednesday, February 28th. BMO Capital Markets reduced their price target on shares of Integral Ad Science from $18.00 to $16.00 and set an "outperform" rating for the company in a report on Wednesday, February 28th. Oppenheimer dropped their price objective on shares of Integral Ad Science from $25.00 to $20.00 and set an "outperform" rating on the stock in a report on Wednesday, February 28th. Piper Sandler reduced their target price on shares of Integral Ad Science from $20.00 to $18.00 and set an "overweight" rating for the company in a research note on Wednesday, February 28th. Finally, Bank of America assumed coverage on Integral Ad Science in a research report on Thursday, January 11th. They set a "buy" rating and a $19.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat.com, Integral Ad Science has a consensus rating of "Moderate Buy" and a consensus price target of $17.58.

Integral Ad Science Stock Performance

NASDAQ:IAS traded down $0.01 during midday trading on Tuesday, reaching $9.53. The stock had a trading volume of 2,066,500 shares, compared to its average volume of 1,709,324. The stock has a market capitalization of $1.52 billion, a P/E ratio of 238.31, a PEG ratio of 1.71 and a beta of 1.60. Integral Ad Science has a 1-year low of $9.10 and a 1-year high of $20.88. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.21 and a quick ratio of 3.21. The firm's fifty day simple moving average is $11.69 and its 200-day simple moving average is $13.10.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last released its quarterly earnings results on Tuesday, February 27th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.03. Integral Ad Science had a net margin of 1.53% and a return on equity of 0.83%. The company had revenue of $134.30 million during the quarter, compared to analysts' expectations of $131.27 million. During the same period in the prior year, the company earned $0.07 earnings per share. The business's quarterly revenue was up 14.4% compared to the same quarter last year. On average, equities research analysts forecast that Integral Ad Science will post 0.16 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Tania Secor sold 6,570 shares of the business's stock in a transaction on Wednesday, March 6th. The shares were sold at an average price of $9.71, for a total value of $63,794.70. Following the sale, the chief financial officer now owns 230,888 shares in the company, valued at approximately $2,241,922.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO Lisa Utzschneider sold 13,113 shares of the business's stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $15.79, for a total value of $207,054.27. Following the transaction, the chief executive officer now directly owns 148,657 shares of the company's stock, valued at approximately $2,347,294.03. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Tania Secor sold 6,570 shares of the stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $9.71, for a total value of $63,794.70. Following the sale, the chief financial officer now owns 230,888 shares in the company, valued at $2,241,922.48. The disclosure for this sale can be found here. Insiders sold 80,195 shares of company stock worth $876,562 over the last three months. 2.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Integral Ad Science

Institutional investors and hedge funds have recently bought and sold shares of the business. Ameritas Investment Partners Inc. increased its holdings in shares of Integral Ad Science by 92.1% in the first quarter. Ameritas Investment Partners Inc. now owns 2,499 shares of the company's stock valued at $34,000 after purchasing an additional 1,198 shares in the last quarter. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of Integral Ad Science during the third quarter worth $58,000. DekaBank Deutsche Girozentrale acquired a new position in shares of Integral Ad Science during the third quarter valued at $62,000. Amalgamated Bank boosted its holdings in Integral Ad Science by 19.9% in 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. Finally, Tower Research Capital LLC TRC increased its position in Integral Ad Science by 493.4% in the third quarter. Tower Research Capital LLC TRC now owns 8,581 shares of the company's stock worth $62,000 after purchasing an additional 7,135 shares during the period. Institutional investors and hedge funds 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.