Rice Hall James & Associates LLC Decreases Position in Integral Ad Science Holding Corp. $IAS

Rice Hall James & Associates LLC decreased its holdings in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 32.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,103 shares of the company’s stock after selling 94,053 shares during the quarter. Rice Hall James & Associates LLC owned about 0.12% of Integral Ad Science worth $2,025,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IAS. Campbell & CO Investment Adviser LLC acquired a new stake in shares of Integral Ad Science during the second quarter worth $219,000. Sunriver Management LLC raised its stake in Integral Ad Science by 8.0% in the 2nd quarter. Sunriver Management LLC now owns 8,822,914 shares of the company’s stock worth $73,318,000 after acquiring an additional 656,140 shares during the last quarter. Quinn Opportunity Partners LLC lifted its position in Integral Ad Science by 57.6% during the 2nd quarter. Quinn Opportunity Partners LLC now owns 260,000 shares of the company’s stock worth $2,161,000 after acquiring an additional 95,000 shares during the period. American Century Companies Inc. purchased a new stake in Integral Ad Science during the 1st quarter valued at about $711,000. Finally, Delphi Management Inc. MA purchased a new stake in Integral Ad Science during the 2nd quarter valued at about $539,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CAO Alexis Gil II sold 2,781 shares of the company’s stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $10.28, for a total transaction of $28,588.68. Following the completion of the transaction, the chief accounting officer directly owned 136,840 shares of the company’s stock, valued at $1,406,715.20. This represents a 1.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Lisa Utzschneider sold 12,180 shares of the stock in a transaction that occurred on 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 trade represents a 2.83% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 47,011 shares of company stock valued at $479,846 over the last 90 days. Company insiders own 2.00% of the company’s stock.

Integral Ad Science Stock Performance

IAS opened at $10.34 on Friday. The company has a fifty day moving average of $10.26 and a two-hundred day moving average of $9.31. The stock has a market capitalization of $1.74 billion, a price-to-earnings ratio of 36.93 and a beta of 1.59. Integral Ad Science Holding Corp. has a fifty-two week low of $6.26 and a fifty-two week high of $11.43.

Integral Ad Science (NASDAQ:IAS) last posted its 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). Integral Ad Science had a return on equity of 4.45% and a net margin of 7.91%.The firm had revenue of $154.36 million for the quarter, compared to analysts’ expectations of $149.18 million. On average, equities research analysts forecast that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on IAS. Truist Financial lowered Integral Ad Science from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 24th. BMO Capital Markets set a $10.30 price objective on shares of Integral Ad Science and gave the company a “market perform” rating in a report on Wednesday, September 24th. Robert W. Baird increased their price objective on shares of Integral Ad Science from $9.00 to $10.30 and gave the stock a “neutral” rating in a research note on Thursday, September 25th. Loop Capital downgraded shares of Integral Ad Science from a “buy” rating to a “hold” rating and set a $10.30 target price for the company. in a research report on Wednesday, September 24th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $10.30 price target (down from $14.00) on shares of Integral Ad Science in a research report on Thursday, September 25th. Fourteen investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Integral Ad Science has an average rating of “Hold” and a consensus target price of $11.52.

Integral Ad Science Profile

Integral Ad Science (IAS) is a global technology and data analytics company that helps advertisers and publishers measure and optimize the efficacy, safety, and quality of digital advertising campaigns. The company’s core business centers on ad verification, providing clients with metrics on ad viewability, brand safety, fraud detection, and contextual relevance to ensure that online ads reach real audiences in brand-approved environments. By leveraging machine learning and proprietary data signals, IAS delivers insights that enable marketers to assess campaign performance across desktop, mobile, video, connected TV, and social media channels.

IAS offers a suite of products and solutions designed to address the full spectrum of digital media quality challenges.