Integral Ad Science Holding Corp. $IAS Shares Purchased by Bank of Montreal Can

Bank of Montreal Can raised its holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 39.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 72,138 shares of the company’s stock after acquiring an additional 20,378 shares during the quarter. Bank of Montreal Can’s holdings in Integral Ad Science were worth $599,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in IAS. Teacher Retirement System of Texas raised its holdings in shares of Integral Ad Science by 14.6% in the 2nd quarter. Teacher Retirement System of Texas now owns 13,625 shares of the company’s stock worth $113,000 after purchasing an additional 1,739 shares in the last quarter. MQS Management LLC acquired a new position in Integral Ad Science in the second quarter worth approximately $129,000. AlphaQuest LLC increased its holdings in shares of Integral Ad Science by 476.9% in the second quarter. AlphaQuest LLC now owns 66,270 shares of the company’s stock valued at $551,000 after buying an additional 54,783 shares in the last quarter. Clune & Associates LTD. lifted its position in shares of Integral Ad Science by 30.8% during the 2nd quarter. Clune & Associates LTD. now owns 97,290 shares of the company’s stock valued at $808,000 after acquiring an additional 22,886 shares during the last quarter. Finally, CWM LLC lifted its position in shares of Integral Ad Science by 1,248.1% during the 2nd quarter. CWM LLC now owns 9,019 shares of the company’s stock valued at $75,000 after acquiring an additional 8,350 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

Integral Ad Science Trading Down 0.3%

Shares of Integral Ad Science stock opened at $10.24 on Tuesday. Integral Ad Science Holding Corp. has a 1 year low of $6.26 and a 1 year high of $11.78. The company has a market cap of $1.72 billion, a P/E ratio of 36.57, a P/E/G ratio of 1.50 and a beta of 1.59. The stock has a 50-day moving average price of $9.83 and a 200 day moving average price of $8.84.

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

Insider Activity at Integral Ad Science

In other Integral Ad Science news, CEO Lisa Utzschneider sold 17,267 shares of the stock in a transaction that occurred on Friday, October 3rd. The shares were sold at an average price of $10.19, for a total value of $175,950.73. Following the completion of the sale, the chief executive officer owned 415,293 shares in the company, valued at $4,231,835.67. This represents a 3.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Alexis Gil II sold 25,901 shares of the business’s stock in a transaction on Wednesday, September 24th. The shares were sold at an average price of $10.18, for a total transaction of $263,672.18. Following the transaction, the chief accounting officer owned 145,140 shares in the company, valued at approximately $1,477,525.20. This represents a 15.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 70,131 shares of company stock worth $714,930. Company insiders own 2.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on IAS. Oppenheimer cut 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 report on Tuesday, October 14th. Robert W. Baird lifted their price target on Integral Ad Science from $9.00 to $10.30 and gave the stock a “neutral” rating in a research note on Thursday, September 25th. Barclays upped 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 note on Friday, August 8th. Finally, Truist Financial cut shares of Integral Ad Science from a “strong-buy” rating to a “hold” rating in a report on Wednesday, September 24th. Fourteen analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $11.52.

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.