Barclays PLC Purchases 14,404 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Barclays PLC grew its position in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 11.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 142,137 shares of the company’s stock after acquiring an additional 14,404 shares during the quarter. Barclays PLC owned 0.09% of Integral Ad Science worth $1,484,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Jennison Associates LLC boosted its stake in Integral Ad Science by 3.3% during the fourth quarter. Jennison Associates LLC now owns 63,538 shares of the company’s stock worth $663,000 after buying an additional 2,046 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in shares of Integral Ad Science by 8.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 28,040 shares of the company’s stock worth $293,000 after acquiring an additional 2,069 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Integral Ad Science by 7.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 31,807 shares of the company’s stock valued at $332,000 after acquiring an additional 2,188 shares in the last quarter. Arizona State Retirement System increased its stake in Integral Ad Science by 12.5% in the fourth quarter. Arizona State Retirement System now owns 23,404 shares of the company’s stock valued at $244,000 after acquiring an additional 2,601 shares during the period. Finally, Victory Capital Management Inc. raised its position in Integral Ad Science by 8.9% in the fourth quarter. Victory Capital Management Inc. now owns 32,880 shares of the company’s stock worth $343,000 after purchasing an additional 2,695 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Lisa Utzschneider sold 8,547 shares of Integral Ad Science stock in a transaction that occurred on Monday, April 7th. The shares were sold at an average price of $6.85, for a total transaction of $58,546.95. Following the completion of the sale, the chief executive officer now owns 341,271 shares in the company, valued at $2,337,706.35. The trade was a 2.44 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In the last three months, insiders sold 90,303 shares of company stock valued at $706,660. 2.00% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on IAS shares. Baird R W lowered Integral Ad Science from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 28th. Truist Financial upped their price target on Integral Ad Science from $16.00 to $17.00 and gave the company a “buy” rating in a research report on Monday, March 3rd. Morgan Stanley cut their price objective on Integral Ad Science from $13.50 to $12.50 and set an “equal weight” rating for the company in a report on Thursday, April 17th. Barclays reduced their target price on shares of Integral Ad Science from $14.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Monday, April 21st. Finally, Stifel Nicolaus cut their price target on shares of Integral Ad Science from $15.00 to $13.00 and set a “buy” rating for the company in a report on Wednesday, April 23rd. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $13.55.

Integral Ad Science Price Performance

Shares of IAS stock opened at $7.25 on Friday. Integral Ad Science Holding Corp. has a 1 year low of $6.26 and a 1 year high of $13.62. The company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.07. The firm’s 50 day moving average is $8.14 and its 200-day moving average is $9.85. The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 36.25, a PEG ratio of 1.06 and a beta of 1.53.

Integral Ad Science (NASDAQ:IAS) last posted its quarterly earnings data on Friday, February 28th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.03). The firm had revenue of $153.00 million for the quarter, compared to analyst estimates of $148.83 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The firm’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.06 EPS. Sell-side analysts forecast that Integral Ad Science Holding Corp. will post 0.26 EPS 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.