Integral Ad Science (NASDAQ:IAS) Sets New 12-Month Low – Here’s What Happened

Integral Ad Science Holding Corp. (NASDAQ:IAS)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $7.98 and last traded at $8.06, with a volume of 110069 shares changing hands. The stock had previously closed at $8.24.

Analysts Set New Price Targets

IAS has been the topic of several recent research reports. Baird R W lowered shares of Integral Ad Science from a “strong-buy” rating to a “hold” rating in a research report on Friday. Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a research report on Friday, February 28th. Robert W. Baird reissued a “neutral” rating and set a $9.00 price objective (down previously from $16.00) on shares of Integral Ad Science in a report on Friday. Oppenheimer reiterated an “outperform” rating on shares of Integral Ad Science in a report on Friday, February 28th. Finally, Morgan Stanley restated a “mixed” rating on shares of Integral Ad Science in a report on Monday, March 3rd. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $14.45.

Integral Ad Science Trading Down 1.2 %

The business has a 50-day moving average price of $10.01 and a 200-day moving average price of $10.55. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $1.33 billion, a P/E ratio of 40.73, a PEG ratio of 1.06 and a beta of 1.45.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings results on Friday, February 28th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate 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 company’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period last year, the firm earned $0.06 EPS. Analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Insiders Place Their Bets

In other Integral Ad Science news, CEO Lisa Utzschneider sold 5,940 shares of the stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $9.75, for a total transaction of $57,915.00. Following the completion of the transaction, the chief executive officer now directly owns 266,926 shares in the company, valued at $2,602,528.50. This represents a 2.18 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold a total of 19,109 shares of company stock worth $197,696 over the last quarter. Company insiders own 2.00% of the company’s stock.

Institutional Investors Weigh In On Integral Ad Science

A number of hedge funds have recently made changes to their positions in the company. California State Teachers Retirement System boosted its position in Integral Ad Science by 9.6% in the fourth quarter. California State Teachers Retirement System now owns 74,874 shares of the company’s stock valued at $782,000 after buying an additional 6,564 shares in the last quarter. Repertoire Partners LP grew its position in Integral Ad Science by 83.7% during the 4th quarter. Repertoire Partners LP now owns 284,707 shares of the company’s stock worth $2,972,000 after acquiring an additional 129,707 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Integral Ad Science by 42.7% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 155,010 shares of the company’s stock worth $1,618,000 after acquiring an additional 46,395 shares during the last quarter. State of Wyoming bought a new position in Integral Ad Science in the 4th quarter valued at $51,000. Finally, Sherbrooke Park Advisers LLC acquired a new position in Integral Ad Science in the fourth quarter worth $132,000. Institutional investors and hedge funds 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.