Two Sigma Advisers LP Sells 22,000 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Two Sigma Advisers LP decreased its stake in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 67.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,400 shares of the company’s stock after selling 22,000 shares during the quarter. Two Sigma Advisers LP’s holdings in Integral Ad Science were worth $109,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of IAS. State of Wyoming bought a new position in Integral Ad Science during the fourth quarter valued at $51,000. Alta Fox Capital Management LLC bought a new position in Integral Ad Science during the fourth quarter valued at $61,000. BNP Paribas Financial Markets bought a new position in Integral Ad Science during the fourth quarter valued at $120,000. Sherbrooke Park Advisers LLC bought a new position in Integral Ad Science during the fourth quarter valued at $132,000. Finally, ClearAlpha Technologies LP bought a new position in Integral Ad Science during the fourth quarter valued at $143,000. Institutional investors own 95.78% of the company’s stock.

Integral Ad Science Trading Down 0.2%

IAS stock opened at $8.22 on Monday. The company has a market capitalization of $1.36 billion, a PE ratio of 41.10, a P/E/G ratio of 1.06 and a beta of 1.59. Integral Ad Science Holding Corp. has a 12 month low of $6.26 and a 12 month high of $13.62. The firm’s 50-day moving average is $7.43 and its 200 day moving average is $9.23. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71.

Integral Ad Science (NASDAQ:IAS) last posted its quarterly earnings results on Monday, May 12th. The company reported $0.05 EPS for the quarter, topping the consensus estimate 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%. On average, research analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 EPS for the current year.

Analysts Set New Price Targets

Several research firms have commented on IAS. Raymond James increased their price objective on shares of Integral Ad Science from $11.00 to $13.00 and gave the company an “outperform” rating in a research report on Tuesday, May 13th. Baird R W lowered shares of Integral Ad Science from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 28th. Stifel Nicolaus lowered 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 report on Wednesday, April 23rd. Scotiabank started coverage on shares of Integral Ad Science in a report on Friday, February 28th. They issued a “sector perform” rating and a $12.00 target price for the company. Finally, Wall Street Zen lowered shares of Integral Ad Science from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Integral Ad Science currently has an average rating of “Hold” and a consensus target price of $13.55.

Insider Buying and Selling

In related news, CEO Lisa Utzschneider sold 8,367 shares of the firm’s stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $7.37, for a total value of $61,664.79. Following the transaction, the chief executive officer now owns 349,574 shares of the company’s stock, valued at $2,576,360.38. This trade represents a 2.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold 86,222 shares of company stock valued at $636,252 in the last 90 days. Company insiders own 2.00% of the company’s stock.

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.