American Trust Raises Stock Holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS)

American Trust increased its position in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 18.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,742 shares of the company’s stock after purchasing an additional 2,096 shares during the period. American Trust’s holdings in Integral Ad Science were worth $137,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Integral Ad Science by 7.0% in the first quarter. Vanguard Group Inc. now owns 8,673,229 shares of the company’s stock worth $86,472,000 after acquiring an additional 566,982 shares during the last quarter. Clearbridge Investments LLC boosted its position in shares of Integral Ad Science by 11.8% during the first quarter. Clearbridge Investments LLC now owns 3,906,652 shares of the company’s stock valued at $38,949,000 after buying an additional 412,044 shares during the last quarter. TimesSquare Capital Management LLC boosted its position in shares of Integral Ad Science by 9.9% during the first quarter. TimesSquare Capital Management LLC now owns 2,969,278 shares of the company’s stock valued at $29,604,000 after buying an additional 268,310 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Integral Ad Science by 605.1% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,740,011 shares of the company’s stock valued at $39,429,000 after buying an additional 2,351,414 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Integral Ad Science by 10.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,377,272 shares of the company’s stock valued at $34,212,000 after buying an additional 222,614 shares during the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on IAS. Craig Hallum lowered their target price on Integral Ad Science from $20.00 to $18.00 and set a “buy” rating on the stock in a report on Friday, May 10th. Barclays lowered their target price on Integral Ad Science from $16.00 to $12.00 and set an “equal weight” rating on the stock in a report on Monday, April 15th. Benchmark reissued a “hold” rating on shares of Integral Ad Science in a report on Tuesday, May 7th. Loop Capital began coverage on Integral Ad Science in a report on Tuesday, April 30th. They issued a “buy” rating and a $15.00 target price on the stock. Finally, Raymond James increased their target price on Integral Ad Science from $13.00 to $15.00 and gave the company an “outperform” rating in a report on Friday. Three research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $16.50.

Insider Activity

In related news, CAO Alexis Gil II sold 2,792 shares of Integral Ad Science stock in a transaction on Tuesday, June 4th. The stock was sold at an average price of $9.09, for a total value of $25,379.28. Following the completion of the transaction, the chief accounting officer now directly owns 145,550 shares in the company, valued at $1,323,049.50. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other Integral Ad Science news, CAO Alexis Gil II sold 2,792 shares of Integral Ad Science stock in a transaction dated Tuesday, June 4th. The stock was sold at an average price of $9.09, for a total transaction of $25,379.28. Following the completion of the sale, the chief accounting officer now directly owns 145,550 shares of the company’s stock, valued at approximately $1,323,049.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lisa Utzschneider sold 8,044 shares of Integral Ad Science stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $9.97, for a total value of $80,198.68. Following the sale, the chief executive officer now directly owns 203,139 shares of the company’s stock, valued at $2,025,295.83. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,478 shares of company stock valued at $218,311. 2.00% of the stock is currently owned by corporate insiders.

Integral Ad Science Price Performance

Shares of NASDAQ IAS traded up $1.41 during midday trading on Friday, hitting $11.33. The stock had a trading volume of 2,198,501 shares, compared to its average volume of 1,176,003. The company has a market capitalization of $1.82 billion, a PE ratio of 1,134.13, a P/E/G ratio of 1.47 and a beta of 1.54. The stock has a 50 day simple moving average of $9.82 and a 200-day simple moving average of $10.99. Integral Ad Science Holding Corp. has a 1 year low of $7.98 and a 1 year high of $19.15. The company has a quick ratio of 4.32, a current ratio of 4.32 and a debt-to-equity ratio of 0.13.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.05 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.03. Integral Ad Science had a return on equity of 0.32% and a net margin of 0.57%. The firm had revenue of $129.01 million for the quarter, compared to the consensus estimate of $126.31 million. During the same quarter last year, the business posted $0.05 earnings per share. The firm’s revenue was up 13.5% compared to the same quarter last year. On average, sell-side analysts expect that Integral Ad Science Holding Corp. will post 0.22 EPS for the current fiscal year.

Integral Ad Science 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.