Campbell & CO Investment Adviser LLC Buys New Holdings in Integral Ad Science Holding Corp. $IAS

Campbell & CO Investment Adviser LLC purchased a new position in Integral Ad Science Holding Corp. (NASDAQ:IAS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 26,314 shares of the company’s stock, valued at approximately $219,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IAS. American Century Companies Inc. bought a new position in shares of Integral Ad Science during the first quarter valued at about $711,000. Delphi Management Inc. MA bought a new stake in shares of Integral Ad Science in the second quarter worth about $539,000. Janney Montgomery Scott LLC purchased a new position in Integral Ad Science during the 2nd quarter valued at about $840,000. Envestnet Asset Management Inc. raised its position in Integral Ad Science by 165.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 84,471 shares of the company’s stock valued at $681,000 after purchasing an additional 52,664 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Integral Ad Science by 15.9% in the 1st quarter. Bank of New York Mellon Corp now owns 291,079 shares of the company’s stock worth $2,346,000 after buying an additional 39,988 shares during the period. Institutional investors own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

IAS has been the topic of several research analyst reports. Truist Financial cut Integral Ad Science from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 24th. Robert W. Baird lifted their price target on shares of Integral Ad Science from $9.00 to $10.30 and gave the company a “neutral” rating in a report on Thursday, September 25th. Barclays boosted 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 research report on Friday, August 8th. Oppenheimer cut shares of Integral Ad Science from an “outperform” rating to a “market perform” rating in a research report on Wednesday, September 24th. Finally, Wall Street Zen raised shares of Integral Ad Science from a “hold” rating to a “buy” rating in a research note on Sunday, August 10th. Fourteen research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $11.52.

Integral Ad Science Trading Down 0.3%

Shares of IAS stock opened at $10.24 on Tuesday. The company’s fifty day moving average price is $9.83 and its 200-day moving average price is $8.84. The stock has a market cap of $1.72 billion, a PE ratio of 36.57, a price-to-earnings-growth ratio of 1.50 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 $11.78.

Integral Ad Science (NASDAQ:IAS) last issued its quarterly earnings results on Tuesday, November 4th. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.02). The business had revenue of $154.36 million for the quarter, compared to analysts’ expectations of $149.18 million. Integral Ad Science had a net margin of 7.91% and a return on equity of 4.45%. On average, sell-side analysts forecast that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CAO Alexis Gil II sold 3,527 shares of the company’s stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $10.18, for a total value of $35,904.86. Following the sale, the chief accounting officer owned 139,621 shares in the company, valued at $1,421,341.78. This represents a 2.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Lisa Utzschneider sold 12,180 shares of the firm’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $10.24, for a total value of $124,723.20. Following the transaction, the chief executive officer owned 417,742 shares of the company’s stock, valued at $4,277,678.08. The trade was a 2.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 70,131 shares of company stock worth $714,930. Insiders own 2.00% of the company’s stock.

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.