Tom Sharma Sells 9,646 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) Stock

Integral Ad Science Holding Corp. (NASDAQ:IAS – Get Rating) insider Tom Sharma sold 9,646 shares of the stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $17.41, for a total transaction of $167,936.86. Following the sale, the insider now directly owns 45,393 shares of the company’s stock, valued at $790,292.13. The sale was disclosed in a document filed with the SEC, which is available through this link.

Tom Sharma also recently made the following trade(s):

• On Thursday, May 4th, Tom Sharma sold 4,157 shares of Integral Ad Science stock. The shares were sold at an average price of $16.00, for a total transaction of $66,512.00.
• On Tuesday, May 2nd, Tom Sharma sold 1,500 shares of Integral Ad Science stock. The shares were sold at an average price of $16.00, for a total transaction of $24,000.00.
• On Thursday, April 27th, Tom Sharma sold 9,204 shares of Integral Ad Science stock. The shares were sold at an average price of $16.00, for a total transaction of $147,264.00.
• On Friday, March 24th, Tom Sharma sold 13,243 shares of Integral Ad Science stock. The shares were sold at an average price of $14.00, for a total transaction of $185,402.00.
• On Tuesday, March 21st, Tom Sharma sold 4,200 shares of Integral Ad Science stock. The shares were sold at an average price of $14.00, for a total transaction of $58,800.00.

Integral Ad Science Stock Down 1.6 %

NASDAQ:IAS opened at $17.78 on Friday. Integral Ad Science Holding Corp. has a twelve month low of $6.63 and a twelve month high of $18.16. The company has a market cap of $2.76 billion, a price-to-earnings ratio of 177.80 and a beta of 1.72. The stock has a fifty day simple moving average of $15.38 and a 200-day simple moving average of $11.83. The company has a current ratio of 4.01, a quick ratio of 4.01 and a debt-to-equity ratio of 0.26.

Integral Ad Science (NASDAQ:IAS – Get Rating) last released its earnings results on Thursday, March 2nd. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.06. Integral Ad Science had a return on equity of 2.17% and a net margin of 4.08%. The business had revenue of $117.44 million during the quarter, compared to the consensus estimate of $111.74 million. Analysts anticipate that Integral Ad Science Holding Corp. will post 0.12 EPS for the current year.

Institutional Trading of Integral Ad Science

Several institutional investors and hedge funds have recently made changes to their positions in IAS. Wellington Management Group LLP raised its holdings in shares of Integral Ad Science by 15,557.5% in the first quarter. Wellington Management Group LLP now owns 3,152,174 shares of the company’s stock valued at $43,500,000 after acquiring an additional 3,132,042 shares in the last quarter. Vanguard Group Inc. grew its stake in Integral Ad Science by 77.2% in the third quarter. Vanguard Group Inc. now owns 4,752,765 shares of the company’s stock valued at $34,409,000 after purchasing an additional 2,070,907 shares during the last quarter. Engle Capital Management L.P. purchased a new position in Integral Ad Science in the fourth quarter valued at about $8,790,000. Marshall Wace LLP purchased a new position in Integral Ad Science in the third quarter valued at about $5,250,000. Finally, Bank of Montreal Can grew its stake in Integral Ad Science by 1,880.3% in the third quarter. Bank of Montreal Can now owns 598,440 shares of the company’s stock valued at $4,913,000 after purchasing an additional 568,221 shares during the last quarter. 96.83% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

IAS has been the subject of a number of recent research reports. Stifel Nicolaus raised their target price on shares of Integral Ad Science from $15.00 to $19.00 in a report on Monday, April 24th. KeyCorp initiated coverage on Integral Ad Science in a research report on Wednesday, April 12th. They issued a “sector weight” rating for the company. Craig Hallum raised their price target on Integral Ad Science from $18.00 to $20.00 in a research report on Friday, May 5th. Barclays raised their price target on Integral Ad Science from $16.00 to $17.00 in a research report on Friday, May 5th. Finally, Raymond James raised their price target on Integral Ad Science from $12.00 to $17.00 and gave the stock a “strong-buy” rating in a research report on Friday, March 3rd. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.00.

Integral Ad Science Company Profile

(Get Rating)

Integral Ad Science Holding Corp. operates as a digital advertising verification company in the United States, the United Kingdom, Germany, Italy, Spain, Sweden, Singapore, Australia, France, Japan, Canada, India, and Brazil. The company provides IAS Signal, a cloud-based technology platform that offers actionable insights; and deliver independent measurement and verification of digital advertising across devices, channels, and formats, including desktop, mobile, connected TV, social, display, and video.