Raymond James Financial Services Advisors Inc. Sells 1,501 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Raymond James Financial Services Advisors Inc. lessened its holdings in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 3.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 48,684 shares of the company’s stock after selling 1,501 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Integral Ad Science were worth $701,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Advantage Alpha Capital Partners LP acquired a new stake in Integral Ad Science during the 3rd quarter worth $2,260,000. Qube Research & Technologies Ltd acquired a new stake in Integral Ad Science during the 3rd quarter worth $5,548,000. DekaBank Deutsche Girozentrale acquired a new stake in Integral Ad Science during the 3rd quarter worth $62,000. Jacobs Levy Equity Management Inc. raised its stake in Integral Ad Science by 88.4% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,167,392 shares of the company’s stock worth $13,880,000 after buying an additional 547,856 shares during the period. Finally, Swiss National Bank raised its stake in Integral Ad Science by 41.7% during the 3rd quarter. Swiss National Bank now owns 119,200 shares of the company’s stock worth $1,417,000 after buying an additional 35,100 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Buying and Selling

In related news, CFO Tania Secor sold 17,999 shares of Integral Ad Science stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $10.05, for a total transaction of $180,889.95. Following the completion of the transaction, the chief financial officer now owns 239,174 shares in the company, valued at $2,403,698.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CFO Tania Secor sold 17,999 shares of the business’s stock in a transaction that occurred on Monday, April 8th. The stock was sold at an average price of $10.05, for a total transaction of $180,889.95. Following the completion of the sale, the chief financial officer now owns 239,174 shares in the company, valued at $2,403,698.70. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Lisa Utzschneider sold 13,113 shares of the business’s stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $15.79, for a total value of $207,054.27. Following the sale, the chief executive officer now owns 148,657 shares of the company’s stock, valued at approximately $2,347,294.03. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 80,195 shares of company stock worth $876,562. Company insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on IAS shares. Morgan Stanley reissued an “equal weight” rating and issued a $12.00 price target (down previously from $18.00) on shares of Integral Ad Science in a research note on Tuesday. BMO Capital Markets dropped their price target on Integral Ad Science from $18.00 to $16.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 28th. Bank of America started coverage on Integral Ad Science in a research note on Thursday, January 11th. They issued a “buy” rating and a $19.00 price target on the stock. Oppenheimer dropped their price target on 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. Finally, Raymond James downgraded Integral Ad Science from a “strong-buy” rating to an “outperform” rating and dropped their price target for the company from $20.00 to $16.00 in a research note on Wednesday, February 28th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $17.58.

Integral Ad Science Trading Down 0.1 %

Integral Ad Science stock opened at $9.53 on Wednesday. Integral Ad Science Holding Corp. has a 52 week low of $9.10 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 stock has a market capitalization of $1.52 billion, a P/E ratio of 238.31, a PEG ratio of 1.71 and a beta of 1.60. The stock has a 50-day simple moving average of $11.69 and a 200 day simple moving average of $13.10.

Integral Ad Science (NASDAQ:IAS) last posted its quarterly earnings results on Tuesday, February 27th. The company reported $0.06 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 during the quarter, compared to analysts’ expectations of $131.27 million. During the same quarter last year, the company posted $0.07 earnings per share. Integral Ad Science’s quarterly revenue was up 14.4% on a year-over-year basis. Analysts expect that Integral Ad Science Holding Corp. will post 0.16 earnings per share for the current year.

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.