Integral Ad Science Sees Unusually High Options Volume (NASDAQ:IAS)

Integral Ad Science Holding Corp. (NASDAQ:IAS) saw unusually large options trading activity on Tuesday. Traders purchased 3,112 put options on the stock. This represents an increase of 2,155% compared to the average volume of 138 put options.

Insider Buying and Selling at Integral Ad Science

In related news, CAO Alexis Gil II sold 2,781 shares of Integral Ad Science stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $10.28, for a total transaction of $28,588.68. Following the sale, the chief accounting officer directly owned 136,840 shares of the company’s stock, valued at $1,406,715.20. This trade represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Lisa Utzschneider sold 12,180 shares of the business’s stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $10.24, for a total value of $124,723.20. Following the transaction, the chief executive officer owned 417,742 shares in the company, valued at $4,277,678.08. This represents a 2.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 72,912 shares of company stock worth $743,518 over the last 90 days. Company insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its holdings in Integral Ad Science by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 9,090,229 shares of the company’s stock valued at $73,267,000 after purchasing an additional 41,683 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Integral Ad Science by 97.7% during the first quarter. Invesco Ltd. now owns 99,932 shares of the company’s stock worth $805,000 after purchasing an additional 49,388 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Integral Ad Science in the first quarter valued at $87,000. Nuveen LLC bought a new position in shares of Integral Ad Science in the first quarter valued at about $10,897,000. Finally, Aberdeen Group plc lifted its position in Integral Ad Science by 12.7% during the 1st quarter. Aberdeen Group plc now owns 1,994,980 shares of the company’s stock worth $16,080,000 after buying an additional 224,153 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Integral Ad Science Stock Performance

IAS opened at $10.27 on Thursday. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 36.68, a PEG ratio of 1.54 and a beta of 1.59. The firm’s 50-day simple moving average is $10.24 and its 200-day simple moving average is $9.20. Integral Ad Science has a twelve month low of $6.26 and a twelve month high of $11.43.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $0.07 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.02). The firm had revenue of $154.36 million for the quarter, compared to the consensus estimate of $149.18 million. Integral Ad Science had a net margin of 7.91% and a return on equity of 4.45%. As a group, sell-side analysts anticipate that Integral Ad Science will post 0.26 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

IAS has been the subject of several research reports. Robert W. Baird raised their target price on Integral Ad Science from $9.00 to $10.30 and gave the stock a “neutral” rating in a research report on Thursday, September 25th. Craig Hallum cut shares of Integral Ad Science from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 24th. Loop Capital lowered shares of Integral Ad Science from a “buy” rating to a “hold” rating and set a $10.30 target price on the stock. in a research report on Wednesday, September 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Integral Ad Science in a research note on Tuesday, October 14th. Finally, Oppenheimer lowered shares of Integral Ad Science from an “outperform” rating to a “market perform” rating in a research report on Wednesday, September 24th. Fourteen analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Integral Ad Science presently has an average rating of “Hold” and an average target price of $11.52.

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.