Dynamic Technology Lab Private Ltd Takes Position in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Dynamic Technology Lab Private Ltd acquired a new stake in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 51,252 shares of the company’s stock, valued at approximately $738,000.

Several other institutional investors also recently made changes to their positions in IAS. Bank of New York Mellon Corp lifted its holdings in shares of Integral Ad Science by 28.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 171,355 shares of the company’s stock valued at $2,037,000 after acquiring an additional 38,348 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Integral Ad Science by 95.6% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,936 shares of the company’s stock worth $166,000 after buying an additional 6,812 shares in the last quarter. Fifth Third Bancorp acquired a new position in Integral Ad Science in the 3rd quarter worth $189,000. Teacher Retirement System of Texas lifted its holdings in Integral Ad Science by 119.6% in the 3rd quarter. Teacher Retirement System of Texas now owns 101,028 shares of the company’s stock worth $1,201,000 after buying an additional 55,027 shares in the last quarter. Finally, Victory Capital Management Inc. acquired a new position in Integral Ad Science in the 3rd quarter worth $528,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Raymond James cut their price objective on shares of Integral Ad Science from $16.00 to $13.00 and set an “outperform” rating on the stock in a report on Friday, May 10th. Barclays cut their target price on shares of Integral Ad Science from $16.00 to $12.00 and set an “equal weight” rating on the stock in a research note on Monday, April 15th. Oppenheimer cut their target price on shares of Integral Ad Science from $25.00 to $20.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 28th. Piper Sandler cut their target price on shares of Integral Ad Science from $20.00 to $18.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 28th. Finally, Loop Capital started coverage on shares of Integral Ad Science in a research note on Tuesday, April 30th. They issued a “buy” rating and a $15.00 target price on the stock. Three investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $16.77.

Insider Activity at Integral Ad Science

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 shares were sold at an average price of $9.97, for a total value of $80,198.68. Following the completion of the sale, the chief executive officer now owns 203,139 shares in the company, valued at approximately $2,025,295.83. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other Integral Ad Science news, CEO Lisa Utzschneider sold 8,044 shares of the company’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $9.97, for a total value of $80,198.68. Following the transaction, the chief executive officer now owns 203,139 shares in the company, valued at approximately $2,025,295.83. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Tania Secor sold 6,570 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The shares were sold at an average price of $9.71, for a total transaction of $63,794.70. Following the completion of the transaction, the chief financial officer now owns 230,888 shares in the company, valued at approximately $2,241,922.48. The disclosure for this sale can be found here. Insiders sold a total of 75,126 shares of company stock valued at $749,707 over the last ninety days. Insiders own 2.00% of the company’s stock.

Integral Ad Science Trading Up 0.8 %

Shares of NASDAQ:IAS opened at $9.82 on Thursday. The company has a 50 day moving average of $9.62 and a 200-day moving average of $12.65. The firm has a market cap of $1.58 billion, a P/E ratio of 982.98, a P/E/G ratio of 1.69 and a beta of 1.58. Integral Ad Science Holding Corp. has a twelve month low of $7.98 and a twelve month high of $20.88. The company has a current ratio of 4.32, a quick ratio of 4.32 and a debt-to-equity ratio of 0.13.

Integral Ad Science (NASDAQ:IAS) last issued its quarterly earnings results on Thursday, May 9th. The company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01). Integral Ad Science had a net margin of 0.59% and a return on equity of 0.32%. The company had revenue of $114.50 million during the quarter, compared to analyst estimates of $112.12 million. During the same period in the prior year, the business posted $0.02 EPS. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. As a group, analysts anticipate that Integral Ad Science Holding Corp. will post 0.22 earnings per share for the current fiscal year.

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.