Integral Ad Science Holding Corp. $IAS Stock Position Raised by Geode Capital Management LLC

Geode Capital Management LLC lifted its holdings in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 1.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,915,385 shares of the company’s stock after buying an additional 26,503 shares during the period. Geode Capital Management LLC owned approximately 1.16% of Integral Ad Science worth $15,917,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Quinn Opportunity Partners LLC boosted its position in shares of Integral Ad Science by 57.6% in the 2nd quarter. Quinn Opportunity Partners LLC now owns 260,000 shares of the company’s stock valued at $2,161,000 after purchasing an additional 95,000 shares during the period. Jupiter Asset Management Ltd. bought a new stake in shares of Integral Ad Science in the 2nd quarter valued at approximately $734,000. Campbell & CO Investment Adviser LLC bought a new position in shares of Integral Ad Science during the 2nd quarter valued at $219,000. Bank of Montreal Can lifted its holdings in Integral Ad Science by 39.4% in the 2nd quarter. Bank of Montreal Can now owns 72,138 shares of the company’s stock worth $599,000 after purchasing an additional 20,378 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its holdings in Integral Ad Science by 14.6% during the second quarter. Teacher Retirement System of Texas now owns 13,625 shares of the company’s stock valued at $113,000 after acquiring an additional 1,739 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Activity

In other Integral Ad Science news, CAO Alexis Gil II sold 25,901 shares of the firm’s stock in a transaction dated Wednesday, September 24th. The stock was sold at an average price of $10.18, for a total value of $263,672.18. Following the sale, the chief accounting officer owned 145,140 shares of the company’s stock, valued at $1,477,525.20. This trade represents a 15.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Lisa Utzschneider sold 17,267 shares of the firm’s stock in a transaction dated Friday, October 3rd. The shares were sold at an average price of $10.19, for a total value of $175,950.73. Following the transaction, the chief executive officer directly owned 415,293 shares in the company, valued at approximately $4,231,835.67. This represents a 3.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 70,131 shares of company stock valued at $714,930. 2.00% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. BMO Capital Markets set a $10.30 price objective on shares of Integral Ad Science and gave the company a “market perform” rating in a research note on Wednesday, September 24th. Barclays raised 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. Oppenheimer lowered Integral Ad Science from an “outperform” rating to a “market perform” rating in a research report on Wednesday, September 24th. Stifel Nicolaus reaffirmed a “hold” rating and set a $10.30 price target (down from $14.00) on shares of Integral Ad Science in a research note on Thursday, September 25th. Finally, Wall Street Zen upgraded shares of Integral Ad Science from a “hold” rating to a “buy” rating in a research note on Sunday, August 10th. Fourteen equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $11.52.

Integral Ad Science Stock Performance

Shares of IAS stock opened at $10.28 on Tuesday. Integral Ad Science Holding Corp. has a 12 month low of $6.26 and a 12 month high of $11.78. The firm has a fifty day simple moving average of $10.19 and a two-hundred day simple moving average of $9.02. The firm has a market capitalization of $1.73 billion, a PE ratio of 36.71, a price-to-earnings-growth ratio of 1.50 and a beta of 1.59.

Integral Ad Science (NASDAQ:IAS) last issued its quarterly earnings data 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 firm had revenue of $154.36 million during the quarter, compared to the consensus estimate of $149.18 million. Integral Ad Science had a return on equity of 4.45% and a net margin of 7.91%. On average, equities analysts predict that Integral Ad Science Holding Corp. 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.