Cwm LLC lifted its stake in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS – Free Report) by 1,248.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,019 shares of the company’s stock after buying an additional 8,350 shares during the quarter. Cwm LLC’s holdings in Integral Ad Science were worth $75,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently made changes to their positions in the company. DekaBank Deutsche Girozentrale bought a new stake in shares of Integral Ad Science in the first quarter worth $42,000. Virtu Financial LLC purchased a new stake in Integral Ad Science during the first quarter valued at approximately $87,000. AlphaQuest LLC purchased a new stake in Integral Ad Science during the first quarter valued at approximately $93,000. Teacher Retirement System of Texas bought a new position in Integral Ad Science during the 1st quarter valued at about $96,000. Finally, QRG Capital Management Inc. bought a new position in Integral Ad Science during the 2nd quarter valued at about $116,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.
Integral Ad Science Price Performance
NASDAQ IAS opened at $10.21 on Monday. 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 market capitalization of $1.71 billion, a PE ratio of 30.03, a P/E/G ratio of 1.45 and a beta of 1.59. The company has a fifty day moving average of $9.54 and a two-hundred day moving average of $8.57.
Insider Activity at Integral Ad Science
In other news, CEO Lisa Utzschneider sold 9,264 shares of the business’s stock in a transaction that occurred on Tuesday, October 7th. The shares were sold at an average price of $10.19, for a total value of $94,400.16. Following the completion of the transaction, the chief executive officer owned 406,029 shares of the company’s stock, valued at $4,137,435.51. The trade was a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Alexis Gil II sold 3,527 shares of the stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $10.18, for a total transaction of $35,904.86. Following the completion of the sale, the chief accounting officer directly owned 139,621 shares of the company’s stock, valued at $1,421,341.78. The trade was a 2.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 67,873 shares of company stock worth $670,773 over the last quarter. Company insiders own 2.00% of the company’s stock.
Analysts Set New Price Targets
Several brokerages recently issued reports on IAS. Truist Financial cut Integral Ad Science from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 24th. Oppenheimer cut shares of Integral Ad Science from an “outperform” rating to a “market perform” rating in a report on Wednesday, September 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Integral Ad Science in a research note on Tuesday, October 14th. Barclays lifted their price objective on shares of Integral Ad Science from $9.00 to $10.00 and gave the company an “equal weight” rating in a report on Friday, August 8th. Finally, Robert W. Baird lifted their price objective on Integral Ad Science from $9.00 to $10.30 and gave the stock a “neutral” rating in a report on Thursday, September 25th. One investment analyst has rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $12.81.
Check Out Our Latest Analysis on Integral Ad Science
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.
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