Vontobel Holding Ltd. Acquires Shares of 12,200 Integral Ad Science Holding Corp. (NASDAQ:IAS)

Vontobel Holding Ltd. acquired a new stake in Integral Ad Science Holding Corp. (NASDAQ:IAS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 12,200 shares of the company’s stock, valued at approximately $176,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Integral Ad Science by 15.2% in the 3rd quarter. Vanguard Group Inc. now owns 7,325,778 shares of the company’s stock valued at $87,104,000 after purchasing an additional 966,280 shares in the last quarter. Clearbridge Investments LLC increased its stake in shares of Integral Ad Science by 6.2% in the 3rd quarter. Clearbridge Investments LLC now owns 3,279,915 shares of the company’s stock worth $38,998,000 after acquiring an additional 191,075 shares during the last quarter. TimesSquare Capital Management LLC increased its stake in shares of Integral Ad Science by 32.2% in the 3rd quarter. TimesSquare Capital Management LLC now owns 2,486,748 shares of the company’s stock worth $29,567,000 after acquiring an additional 605,824 shares during the last quarter. Jacobs Levy Equity Management Inc. increased its stake in shares of Integral Ad Science by 88.4% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,167,392 shares of the company’s stock worth $13,880,000 after acquiring an additional 547,856 shares during the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in shares of Integral Ad Science in the 3rd quarter worth $5,548,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Piper Sandler cut their target price on Integral Ad Science from $20.00 to $18.00 and set an “overweight” rating for the company in a research note on Wednesday, February 28th. Raymond James downgraded Integral Ad Science from a “strong-buy” rating to an “outperform” rating and cut their price objective for the stock from $20.00 to $16.00 in a research report on Wednesday, February 28th. Bank of America assumed coverage on Integral Ad Science in a research report on Thursday, January 11th. They set a “buy” rating and a $19.00 price objective for the company. BMO Capital Markets cut their price objective on Integral Ad Science from $18.00 to $16.00 and set an “outperform” rating for the company in a research report on Wednesday, February 28th. Finally, Morgan Stanley reissued an “equal weight” rating and set a $12.00 price objective (down from $18.00) on shares of Integral Ad Science in a research report on Tuesday, April 16th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $17.58.

Insider Activity

In other news, CAO Alexis Gil II sold 3,177 shares of Integral Ad Science stock in a transaction dated 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 owns 120,195 shares in the company, valued at approximately $1,230,796.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Lisa Utzschneider sold 13,113 shares of Integral Ad Science stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $15.79, for a total value of $207,054.27. Following the completion of the transaction, the chief executive officer now owns 148,657 shares in the company, valued at approximately $2,347,294.03. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Alexis Gil II sold 3,177 shares of Integral Ad Science stock in a transaction dated Monday, March 4th. The shares were 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 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 sold 80,195 shares of company stock worth $876,562. 2.00% of the stock is currently owned by company insiders.

Integral Ad Science Stock Performance

NASDAQ IAS opened at $9.56 on Thursday. The company has a market cap of $1.53 billion, a P/E ratio of 239.06, a P/E/G ratio of 1.59 and a beta of 1.60. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.21 and a quick ratio of 3.21. The stock has a 50-day moving average of $10.89 and a two-hundred day moving average of $12.97. Integral Ad Science Holding Corp. has a 1-year low of $8.92 and a 1-year high of $20.88.

Integral Ad Science (NASDAQ:IAS) last released its earnings results on Tuesday, February 27th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.03. The company had revenue of $134.30 million during the quarter, compared to the consensus estimate of $131.27 million. Integral Ad Science had a return on equity of 0.83% and a net margin of 1.53%. Integral Ad Science’s revenue was up 14.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.07 EPS. As a group, analysts anticipate that Integral Ad Science Holding Corp. will post 0.16 EPS for the current year.

Integral Ad Science 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.