Integral Ad Science Holding Corp. (NASDAQ:IAS - Get Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 15th, there was short interest totaling 6,250,000 shares, a decrease of 21.2% from the July 31st total of 7,930,000 shares. Currently, 8.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 876,400 shares, the days-to-cover ratio is presently 7.1 days. Based on an average daily trading volume, of 876,400 shares, the days-to-cover ratio is presently 7.1 days. Currently, 8.4% of the shares of the stock are sold short.
Wall Street Analyst Weigh In
Several research firms have recently commented on IAS. Barclays increased their price target on shares of Integral Ad Science from $9.00 to $10.00 and gave the company an "equal weight" rating in a research note on Friday, August 8th. Raymond James Financial decreased their price target on shares of Integral Ad Science from $13.00 to $11.00 and set an "outperform" rating on the stock in a research note on Friday, August 8th. Stifel Nicolaus increased their price target on shares of Integral Ad Science from $13.00 to $14.00 and gave the company a "buy" rating in a research note on Tuesday, July 22nd. Finally, Wall Street Zen raised shares of Integral Ad Science from a "hold" rating to a "buy" rating in a research note on Sunday, August 10th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $13.55.
Check Out Our Latest Research Report on Integral Ad Science
Insiders Place Their Bets
In other news, CEO Lisa Utzschneider sold 9,922 shares of the stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $8.12, for a total transaction of $80,566.64. Following the sale, the chief executive officer directly owned 380,557 shares of the company's stock, valued at $3,090,122.84. This represents a 2.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold 35,073 shares of company stock worth $289,641 over the last quarter. 2.00% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Integral Ad Science
Several hedge funds have recently bought and sold shares of the company. The Manufacturers Life Insurance Company raised its holdings in Integral Ad Science by 3.0% in the second quarter. The Manufacturers Life Insurance Company now owns 41,678 shares of the company's stock worth $346,000 after purchasing an additional 1,195 shares during the period. Teacher Retirement System of Texas grew its position in Integral Ad Science by 14.6% in the second quarter. Teacher Retirement System of Texas now owns 13,625 shares of the company's stock valued at $113,000 after purchasing an additional 1,739 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Integral Ad Science by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 43,326 shares of the company's stock valued at $349,000 after purchasing an additional 1,807 shares in the last quarter. GAMMA Investing LLC grew its position in shares of Integral Ad Science by 547.1% in the 1st quarter. GAMMA Investing LLC now owns 3,313 shares of the company's stock valued at $270,000 after acquiring an additional 2,801 shares during the period. Finally, Federated Hermes Inc. grew its position in shares of Integral Ad Science by 11.1% in the 2nd quarter. Federated Hermes Inc. now owns 30,000 shares of the company's stock valued at $249,000 after acquiring an additional 3,000 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.
Integral Ad Science Stock Down 3.3%
IAS stock traded down $0.29 during midday trading on Friday, reaching $8.40. The company's stock had a trading volume of 836,254 shares, compared to its average volume of 794,878. 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 $1.40 billion, a PE ratio of 24.71, a price-to-earnings-growth ratio of 1.24 and a beta of 1.57. The business's 50-day simple moving average is $8.56 and its 200-day simple moving average is $8.25.
Integral Ad Science (NASDAQ:IAS - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.03. Integral Ad Science had a net margin of 9.79% and a return on equity of 5.00%. The firm had revenue of $149.20 million for the quarter, compared to analysts' expectations of $143.02 million. Integral Ad Science has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities analysts forecast that Integral Ad Science will post 0.26 earnings per share for the current fiscal year.
Integral Ad Science Company Profile
(
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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.
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