Brokerages Set Integral Ad Science Holding Corp. (NASDAQ:IAS) Target Price at $11.52

Integral Ad Science Holding Corp. (NASDAQ:IAS) has received a consensus recommendation of “Hold” from the fourteen research firms that are covering the company, MarketBeat reports. Fourteen investment analysts have rated the stock with a hold recommendation. The average 12-month price target among analysts that have issued a report on the stock in the last year is $11.5222.

Several equities analysts have commented on IAS shares. Loop Capital cut Integral Ad Science from a “buy” rating to a “hold” rating and set a $10.30 price target for the company. in a report on Wednesday, September 24th. Barclays lifted their price objective on Integral Ad Science from $9.00 to $10.00 and gave the stock an “equal weight” rating in a report on Friday, August 8th. Oppenheimer lowered Integral Ad Science from an “outperform” rating to a “market perform” rating in a research note on Wednesday, September 24th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $10.30 target price (down from $14.00) on shares of Integral Ad Science in a research report on Thursday, September 25th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Integral Ad Science in a research note on Tuesday, October 14th.

Insider Activity

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

Hedge Funds Weigh In On Integral Ad Science

Hedge funds and other institutional investors have recently modified their holdings of the stock. Danske Bank A S acquired a new stake in Integral Ad Science in the 3rd quarter valued at $679,000. Morningstar Investment Management LLC acquired a new position in Integral Ad Science during the third quarter worth $729,000. First Trust Capital Management L.P. bought a new position in shares of Integral Ad Science during the third quarter valued at $21,243,000. Water Island Capital LLC acquired a new stake in shares of Integral Ad Science in the 3rd quarter valued at $10,894,000. Finally, Verition Fund Management LLC boosted its stake in shares of Integral Ad Science by 1,663.2% in the 3rd quarter. Verition Fund Management LLC now owns 1,948,970 shares of the company’s stock valued at $19,821,000 after purchasing an additional 1,838,435 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Integral Ad Science Price Performance

Shares of Integral Ad Science stock opened at $10.26 on Friday. The company has a market cap of $1.72 billion, a PE ratio of 36.64, a price-to-earnings-growth ratio of 1.50 and a beta of 1.59. The firm has a fifty day moving average price of $10.05 and a two-hundred day moving average price of $8.96. Integral Ad Science has a fifty-two week low of $6.26 and a fifty-two week high of $11.78.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.02). Integral Ad Science had a net margin of 7.91% and a return on equity of 4.45%. The company had revenue of $154.36 million for the quarter, compared to analyst estimates of $149.18 million. Analysts expect that Integral Ad Science will post 0.26 earnings per share for the current fiscal year.

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.