Raymond James Lowers Integral Ad Science (NASDAQ:IAS) Price Target to $11.00

Integral Ad Science (NASDAQ:IAS - Free Report) had its price target cut by Raymond James from $16.00 to $11.00 in a report released on Monday,Benzinga reports. They currently have an outperform rating on the stock.

Several other equities research analysts have also recently issued reports on the stock. Oppenheimer reissued an "outperform" rating on shares of Integral Ad Science in a research report on Friday, February 28th. Baird R W lowered Integral Ad Science from a "strong-buy" rating to a "hold" rating in a report on Friday, March 28th. Stifel Nicolaus reduced their price objective on Integral Ad Science from $15.00 to $13.00 and set a "buy" rating on the stock in a report on Wednesday, April 23rd. Morgan Stanley cut their price objective on shares of Integral Ad Science from $13.50 to $12.50 and set an "equal weight" rating on the stock in a report on Thursday, April 17th. Finally, Benchmark restated a "hold" rating on shares of Integral Ad Science in a report on Friday, February 28th. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Integral Ad Science presently has a consensus rating of "Moderate Buy" and a consensus target price of $13.15.

Integral Ad Science Trading Up 1.5 %

IAS traded up $0.11 during trading on Monday, reaching $7.38. The company had a trading volume of 744,166 shares, compared to its average volume of 1,076,705. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07. Integral Ad Science has a 52 week low of $6.26 and a 52 week high of $13.62. The stock has a market cap of $1.21 billion, a P/E ratio of 36.90, a PEG ratio of 1.06 and a beta of 1.55. The business has a 50 day simple moving average of $7.97 and a 200-day simple moving average of $9.78.

Integral Ad Science (NASDAQ:IAS - Get Free Report) last issued its quarterly earnings results on Friday, February 28th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.03). Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The business had revenue of $153.00 million during the quarter, compared to analysts' expectations of $148.83 million. During the same quarter in the previous year, the company posted $0.06 earnings per share. The company's quarterly revenue was up 13.9% compared to the same quarter last year. On average, equities analysts anticipate that Integral Ad Science will post 0.26 EPS for the current fiscal year.

Insider Activity at Integral Ad Science

In other Integral Ad Science news, CEO Lisa Utzschneider sold 8,547 shares of the firm's 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 owns 341,271 shares of the company's stock, valued at approximately $2,337,706.35. This trade represents a 2.44 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold 77,855 shares of company stock valued at $574,587 in the last ninety days. Corporate insiders own 2.00% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of IAS. GAMMA Investing LLC increased its holdings in Integral Ad Science by 547.1% in the 1st quarter. GAMMA Investing LLC now owns 3,313 shares of the company's stock worth $270,000 after buying an additional 2,801 shares during the period. State of Wyoming purchased a new position in shares of Integral Ad Science during the 4th quarter valued at about $51,000. DekaBank Deutsche Girozentrale acquired a new position in shares of Integral Ad Science in the 1st quarter valued at about $42,000. Alta Fox Capital Management LLC purchased a new stake in shares of Integral Ad Science in the fourth quarter worth about $61,000. Finally, BNP Paribas Financial Markets acquired a new stake in Integral Ad Science during the fourth quarter worth about $120,000. 95.78% of the stock is owned by institutional investors and hedge funds.

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.