Integral Ad Science (NASDAQ:IAS) Rating Reiterated by Benchmark

Integral Ad Science (NASDAQ:IAS)‘s stock had its “hold” rating reissued by stock analysts at Benchmark in a note issued to investors on Tuesday, Benzinga reports.

Other analysts also recently issued reports about the company. Truist Financial decreased their target price on Integral Ad Science from $26.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday, February 28th. Morgan Stanley reiterated an “equal weight” rating and issued a $12.00 target price (down from $18.00) on shares of Integral Ad Science in a report on Tuesday, April 16th. BMO Capital Markets lowered their price target on shares of Integral Ad Science from $18.00 to $16.00 and set an “outperform” rating on the stock in a report on Wednesday, February 28th. Raymond James cut shares of Integral Ad Science from a “strong-buy” rating to an “outperform” rating and decreased their target price for the company from $20.00 to $16.00 in a research report on Wednesday, February 28th. Finally, Oppenheimer cut their price target 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. 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 MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $17.38.

Integral Ad Science Trading Down 15.5 %

Shares of IAS stock opened at $8.37 on Tuesday. Integral Ad Science has a 52-week low of $7.98 and a 52-week high of $20.88. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.21 and a current ratio of 3.21. The firm has a market capitalization of $1.34 billion, a PE ratio of 206.05, a PEG ratio of 1.72 and a beta of 1.58. The stock has a fifty day simple moving average of $9.70 and a two-hundred day simple moving average of $12.84.

Integral Ad Science (NASDAQ:IAS) last released its quarterly earnings data on Tuesday, February 27th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.03. Integral Ad Science had a return on equity of 0.83% and a net margin of 1.53%. The business had revenue of $134.30 million for the quarter, compared to the consensus estimate of $131.27 million. During the same quarter in the previous year, the company posted $0.07 EPS. The company’s revenue was up 14.4% compared to the same quarter last year. On average, analysts predict that Integral Ad Science will post 0.16 EPS for the current fiscal year.

Insider Buying and Selling

In other Integral Ad Science news, CAO Alexis Gil II sold 3,177 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $10.24, for a total value of $32,532.48. Following the completion of the transaction, the chief accounting officer now directly owns 120,195 shares of the company’s stock, valued at $1,230,796.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Lisa Utzschneider sold 30,407 shares of Integral Ad Science stock in a transaction on Monday, April 8th. The shares were sold at an average price of $10.05, for a total value of $305,590.35. Following the sale, the chief executive officer now owns 188,678 shares of the company’s stock, valued at approximately $1,896,213.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Alexis Gil II sold 3,177 shares of the business’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $10.24, for a total transaction of $32,532.48. Following the sale, the chief accounting officer now directly owns 120,195 shares of the company’s stock, valued at approximately $1,230,796.80. The disclosure for this sale can be found here. In the last quarter, insiders have sold 75,126 shares of company stock worth $749,707. 2.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Integral Ad Science

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. M&T Bank Corp lifted its position in Integral Ad Science by 5.6% during the fourth quarter. M&T Bank Corp now owns 14,430 shares of the company’s stock worth $207,000 after buying an additional 770 shares in the last quarter. Amalgamated Bank boosted its position in shares of Integral Ad Science by 19.9% during the 3rd 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 grew its holdings in shares of Integral Ad Science by 10.8% in the third quarter. American Trust now owns 13,328 shares of the company’s stock valued at $158,000 after purchasing an additional 1,302 shares during the period. Strs Ohio raised its stake in Integral Ad Science by 6.5% during the third quarter. Strs Ohio now owns 37,800 shares of the company’s stock worth $449,000 after purchasing an additional 2,300 shares during the period. Finally, Quantbot Technologies LP boosted its holdings in Integral Ad Science by 7.1% in the 3rd quarter. Quantbot Technologies LP now owns 37,224 shares of the company’s stock valued at $443,000 after purchasing an additional 2,472 shares during the last quarter. 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.