Integral Ad Science (NASDAQ:IAS) Shares Gap Up – What’s Next?

Integral Ad Science Holding Corp. (NASDAQ:IAS)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $9.65, but opened at $10.25. Integral Ad Science shares last traded at $11.25, with a volume of 295,051 shares.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on IAS shares. Oppenheimer restated an “outperform” rating on shares of Integral Ad Science in a report on Friday. Barclays restated an “equal weight” rating on shares of Integral Ad Science in a research note on Friday. Scotiabank started coverage on shares of Integral Ad Science in a report on Friday. They set a “sector perform” rating for the company. Craig Hallum dropped their price target on shares of Integral Ad Science from $18.00 to $16.00 and set a “buy” rating on the stock in a research report on Wednesday, November 13th. Finally, Benchmark reissued a “hold” rating on shares of Integral Ad Science in a report on Friday. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Integral Ad Science has a consensus rating of “Moderate Buy” and an average target price of $14.80.

Integral Ad Science Trading Up 9.0 %

The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71. The company has a market capitalization of $1.71 billion, a P/E ratio of 52.60, a price-to-earnings-growth ratio of 1.06 and a beta of 1.46. The firm has a fifty day moving average price of $10.33 and a 200-day moving average price of $10.82.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings data on Friday, February 28th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.03). The business had revenue of $153.00 million during the quarter, compared to the consensus estimate of $148.83 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. The firm’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.06 EPS. On average, equities research analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Insider Transactions at Integral Ad Science

In other Integral Ad Science news, CEO Lisa Utzschneider sold 12,448 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $10.61, for a total transaction of $132,073.28. Following the sale, the chief executive officer now directly owns 278,650 shares of the company’s stock, valued at $2,956,476.50. This represents a 4.28 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold a total of 19,109 shares of company stock worth $197,696 in the last quarter. Insiders own 2.00% of the company’s stock.

Institutional Trading of Integral Ad Science

A number of institutional investors have recently modified their holdings of the business. abrdn plc grew its stake in Integral Ad Science by 12.5% in the 3rd quarter. abrdn plc now owns 2,147,656 shares of the company’s stock valued at $23,216,000 after buying an additional 237,930 shares in the last quarter. US Bancorp DE grew its position in shares of Integral Ad Science by 540.9% in the third quarter. US Bancorp DE now owns 35,776 shares of the company’s stock valued at $387,000 after purchasing an additional 30,194 shares in the last quarter. Rice Hall James & Associates LLC bought a new stake in shares of Integral Ad Science during the 3rd quarter valued at $1,795,000. Stoneridge Investment Partners LLC purchased a new stake in Integral Ad Science during the 3rd quarter worth about $125,000. Finally, TimesSquare Capital Management LLC boosted its stake in Integral Ad Science by 0.6% in the 3rd quarter. TimesSquare Capital Management LLC now owns 2,772,440 shares of the company’s stock worth $29,970,000 after purchasing an additional 17,166 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

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.