Rhumbline Advisers Has $819,000 Stock Position in Integral Ad Science Holding Corp. (NASDAQ:IAS)

Rhumbline Advisers cut its position in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 5.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 101,663 shares of the company’s stock after selling 5,787 shares during the quarter. Rhumbline Advisers owned approximately 0.06% of Integral Ad Science worth $819,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IAS. Handelsbanken Fonder AB purchased a new position in Integral Ad Science during the fourth quarter worth about $162,000. Bank of New York Mellon Corp boosted its holdings in Integral Ad Science by 13.1% during the fourth quarter. Bank of New York Mellon Corp now owns 251,091 shares of the company’s stock worth $2,621,000 after purchasing an additional 29,145 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in Integral Ad Science by 8.0% during the fourth quarter. Oppenheimer & Co. Inc. now owns 28,040 shares of the company’s stock worth $293,000 after purchasing an additional 2,069 shares during the last quarter. NINE MASTS CAPITAL Ltd purchased a new position in Integral Ad Science during the fourth quarter worth about $671,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in 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 purchasing an additional 7,941 shares during the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Integral Ad Science Stock Performance

Shares of IAS stock opened at $7.94 on Friday. The stock has a market capitalization of $1.31 billion, a P/E ratio of 27.38, a PEG ratio of 1.40 and a beta of 1.59. The company has a current ratio of 4.01, a quick ratio of 4.01 and a debt-to-equity ratio of 0.01. The firm’s 50 day moving average is $7.64 and its 200 day moving average is $9.05. Integral Ad Science Holding Corp. has a 12 month low of $6.26 and a 12 month high of $13.62.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings results on Monday, May 12th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. The company had revenue of $134.07 million for the quarter, compared to analysts’ expectations of $129.20 million. Integral Ad Science had a net margin of 8.56% and a return on equity of 4.74%. On average, sell-side analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on IAS shares. Baird R W cut shares of Integral Ad Science from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 28th. Barclays boosted their target price on shares of Integral Ad Science from $7.00 to $9.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 13th. Raymond James Financial boosted their target price on shares of Integral Ad Science from $11.00 to $13.00 and gave the company an “outperform” rating in a research note on Tuesday, May 13th. Oppenheimer reiterated an “outperform” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Finally, Truist Financial boosted their target price on shares of Integral Ad Science from $16.00 to $17.00 and gave the company a “buy” rating in a research note on Monday, March 3rd. Six equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $13.55.

Insider Buying and Selling

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

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.