77,314 Shares in Integral Ad Science Holding Corp. (NASDAQ:IAS) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new stake in Integral Ad Science Holding Corp. (NASDAQ:IAS) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 77,314 shares of the company’s stock, valued at approximately $807,000.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of Integral Ad Science by 2.3% in the fourth quarter. Vanguard Group Inc. now owns 9,048,546 shares of the company’s stock valued at $94,467,000 after purchasing an additional 205,562 shares during the last quarter. Geode Capital Management LLC grew its holdings in Integral Ad Science by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 1,848,738 shares of the company’s stock valued at $19,305,000 after buying an additional 14,079 shares in the last quarter. JPMorgan Chase & Co. increased its position in Integral Ad Science by 47.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 717,528 shares of the company’s stock worth $7,756,000 after buying an additional 231,271 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of Integral Ad Science by 1.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 603,848 shares of the company’s stock worth $6,304,000 after buying an additional 7,941 shares in the last quarter. Finally, Rice Hall James & Associates LLC boosted its position in shares of Integral Ad Science by 89.2% in the fourth quarter. Rice Hall James & Associates LLC now owns 314,129 shares of the company’s stock valued at $3,280,000 after acquiring an additional 148,082 shares during the period. 95.78% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on IAS shares. Scotiabank began coverage on Integral Ad Science in a research note on Friday, February 28th. They set a “sector perform” rating and a $12.00 price objective on the stock. Robert W. Baird reiterated a “neutral” rating and set a $9.00 price objective (down from $16.00) on shares of Integral Ad Science in a research note on Friday, March 28th. Stifel Nicolaus dropped their target price on shares of Integral Ad Science from $15.00 to $13.00 and set a “buy” rating for the company in a research report on Wednesday, April 23rd. Barclays cut their price target on shares of Integral Ad Science from $14.00 to $7.00 and set an “equal weight” rating for the company in a report on Monday, April 21st. Finally, Benchmark reissued a “hold” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $13.15.

Integral Ad Science Stock Up 0.4 %

Shares of NASDAQ:IAS opened at $7.27 on Wednesday. Integral Ad Science Holding Corp. has a 52-week low of $6.26 and a 52-week high of $13.62. The company has a market capitalization of $1.19 billion, a PE ratio of 36.35, a price-to-earnings-growth ratio of 1.06 and a beta of 1.55. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.71 and a current ratio of 3.71. The company has a fifty day moving average of $8.04 and a 200-day moving average of $9.80.

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

Insiders Place Their Bets

In other news, CEO Lisa Utzschneider sold 8,547 shares of the stock in a transaction dated Monday, April 7th. The stock was sold at an average price of $6.85, for a total value of $58,546.95. Following the completion of the sale, the chief executive officer now owns 341,271 shares of the company’s stock, valued at approximately $2,337,706.35. This represents a 2.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold 77,855 shares of company stock valued at $574,587 in the last ninety days. 2.00% of the stock is currently owned by insiders.

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.