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

Integral Ad Science Holding Corp. (NASDAQ:IAS) shares gapped down before the market opened on Friday . The stock had previously closed at $8.64, but opened at $8.15. Integral Ad Science shares last traded at $8.36, with a volume of 171,981 shares traded.

Wall Street Analyst Weigh In

IAS has been the subject of a number of recent analyst reports. Robert W. Baird reiterated a “neutral” rating and issued a $9.00 price target (down previously from $16.00) on shares of Integral Ad Science in a research note on Friday. Benchmark reiterated a “hold” rating on shares of Integral Ad Science in a report on Friday, February 28th. Oppenheimer restated an “outperform” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Scotiabank initiated coverage on Integral Ad Science in a research note on Friday, February 28th. They set a “sector perform” rating and a $12.00 target price for the company. Finally, Barclays restated an “equal weight” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $14.45.

Integral Ad Science Stock Down 3.2 %

The company has a market cap of $1.37 billion, a P/E ratio of 41.68, a PEG ratio of 1.06 and a beta of 1.45. The stock has a 50-day moving average of $10.05 and a 200 day moving average of $10.57. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71.

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

Insider Buying and Selling at Integral Ad Science

In other news, CEO Lisa Utzschneider sold 5,940 shares of the firm’s stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $9.75, for a total value of $57,915.00. Following the sale, the chief executive officer now directly owns 266,926 shares in the company, valued at approximately $2,602,528.50. This trade represents a 2.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last quarter, insiders have sold 19,109 shares of company stock valued at $197,696. 2.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Integral Ad Science

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Integral Ad Science by 4.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,519 shares of the company’s stock worth $433,000 after buying an additional 1,832 shares in the last quarter. Jennison Associates LLC raised its position in Integral Ad Science by 3.3% in the fourth quarter. Jennison Associates LLC now owns 63,538 shares of the company’s stock valued at $663,000 after purchasing an additional 2,046 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in Integral Ad Science by 8.0% in the fourth quarter. Oppenheimer & Co. Inc. now owns 28,040 shares of the company’s stock valued at $293,000 after purchasing an additional 2,069 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Integral Ad Science by 7.4% during the fourth quarter. Envestnet Asset Management Inc. now owns 31,807 shares of the company’s stock worth $332,000 after purchasing an additional 2,188 shares during the last quarter. Finally, Arizona State Retirement System increased its stake in shares of Integral Ad Science by 12.5% in the fourth quarter. Arizona State Retirement System now owns 23,404 shares of the company’s stock valued at $244,000 after buying an additional 2,601 shares during the period. Institutional investors own 95.78% of the company’s stock.

About Integral Ad Science

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.