Northern Trust Corp raised its holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS – Free Report) by 11.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 677,204 shares of the company’s stock after acquiring an additional 67,038 shares during the quarter. Northern Trust Corp owned 0.42% of Integral Ad Science worth $7,070,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently modified their holdings of IAS. ClearAlpha Technologies LP purchased a new position in Integral Ad Science during the fourth quarter valued at approximately $143,000. PEAK6 LLC acquired a new stake in shares of Integral Ad Science during the 4th quarter worth approximately $146,000. Handelsbanken Fonder AB bought a new stake in Integral Ad Science in the fourth quarter valued at about $162,000. XTX Topco Ltd acquired a new stake in Integral Ad Science in the 4th quarter valued at $172,000. Finally, Cornerstone Investment Partners LLC bought a new position in Integral Ad Science during the 4th quarter valued at about $187,000. Institutional investors and hedge funds own 95.78% of the company’s stock.
Insider Buying and Selling at Integral Ad Science
In related news, CEO Lisa Utzschneider sold 68,671 shares of the company’s stock in a transaction that occurred on Thursday, April 3rd. The shares were sold at an average price of $7.44, for a total transaction of $510,912.24. Following the sale, the chief executive officer now owns 334,051 shares of the company’s stock, valued at approximately $2,485,339.44. This represents a 17.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 86,222 shares of company stock valued at $636,252 over the last three months. 2.00% of the stock is currently owned by insiders.
Integral Ad Science Stock Down 0.1%
Integral Ad Science (NASDAQ:IAS – Get Free Report) last issued its quarterly earnings results on Monday, May 12th. The company reported $0.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.02. The company had revenue of $134.07 million for the quarter, compared to the consensus estimate of $129.20 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. Research analysts expect that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several equities analysts recently weighed in on the stock. Stifel Nicolaus cut their price objective on shares of Integral Ad Science from $15.00 to $13.00 and set a “buy” rating on the stock in a report on Wednesday, April 23rd. Morgan Stanley decreased their price objective on shares of Integral Ad Science from $13.50 to $12.50 and set an “equal weight” rating for the company in a research report on Thursday, April 17th. Oppenheimer reiterated an “outperform” rating on shares of Integral Ad Science in a research report on Friday, February 28th. Scotiabank assumed coverage on Integral Ad Science in a research note on Friday, February 28th. They issued a “sector perform” rating and a $12.00 price objective on the stock. Finally, Baird R W downgraded Integral Ad Science from a “strong-buy” rating to a “hold” rating in a report on Friday, March 28th. Six equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Integral Ad Science presently has a consensus rating of “Moderate Buy” and an average price target of $13.55.
Get Our Latest Analysis on IAS
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.
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