Integral Ad Science (NASDAQ:IAS) Given New $13.00 Price Target at Barclays

Integral Ad Science (NASDAQ:IAS) had its price objective boosted by Barclays from $12.00 to $13.00 in a report issued on Monday morning, Benzinga reports. Barclays currently has an equal weight rating on the stock.

A number of other research analysts have also recently issued reports on the company. Benchmark reaffirmed a hold rating on shares of Integral Ad Science in a research note on Monday. Morgan Stanley raised their target price on shares of Integral Ad Science from $12.00 to $13.00 and gave the stock an equal weight rating in a report on Tuesday, July 23rd. Raymond James upped their price objective on shares of Integral Ad Science from $13.00 to $15.00 and gave the company an outperform rating in a research note on Friday, August 2nd. Loop Capital assumed coverage on Integral Ad Science in a research note on Tuesday, April 30th. They issued a buy rating and a $15.00 target price on the stock. Finally, Craig Hallum lowered their price target on Integral Ad Science from $20.00 to $18.00 and set a buy rating for the company in a research report on Friday, May 10th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of Moderate Buy and an average target price of $16.58.

Integral Ad Science Price Performance

IAS opened at $10.62 on Monday. The stock has a market capitalization of $1.70 billion, a P/E ratio of 1,062.00, a PEG ratio of 1.47 and a beta of 1.54. The company has a current ratio of 4.32, a quick ratio of 4.32 and a debt-to-equity ratio of 0.13. Integral Ad Science has a 12-month low of $7.98 and a 12-month high of $17.53. The stock has a 50-day moving average price of $9.90 and a 200-day moving average price of $10.90.

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

Insider Transactions at Integral Ad Science

In related news, CEO Lisa Utzschneider sold 9,351 shares of the company’s stock in a transaction that occurred on Tuesday, August 6th. The stock was sold at an average price of $10.92, for a total value of $102,112.92. Following the sale, the chief executive officer now owns 230,218 shares in the company, valued at approximately $2,513,980.56. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Integral Ad Science news, CFO Tania Secor sold 4,564 shares of the business’s stock in a transaction on Monday, July 8th. The shares were sold at an average price of $9.68, for a total transaction of $44,179.52. Following the completion of the sale, the chief financial officer now directly owns 243,101 shares in the company, valued at approximately $2,353,217.68. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Lisa Utzschneider sold 9,351 shares of Integral Ad Science stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $10.92, for a total value of $102,112.92. Following the completion of the sale, the chief executive officer now directly owns 230,218 shares of the company’s stock, valued at approximately $2,513,980.56. The disclosure for this sale can be found here. Insiders have sold 23,785 shares of company stock valued at $240,225 in the last three months. 2.00% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Integral Ad Science

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Vontobel Holding Ltd. purchased a new stake in shares of Integral Ad Science in the fourth quarter worth $176,000. abrdn plc purchased a new position in Integral Ad Science during the fourth quarter valued at $25,285,000. Truist Financial Corp increased its holdings in Integral Ad Science by 25.7% in the 4th quarter. Truist Financial Corp now owns 22,872 shares of the company’s stock valued at $329,000 after acquiring an additional 4,676 shares during the last quarter. Mach 1 Financial Group LLC purchased a new stake in Integral Ad Science in the 4th quarter worth $504,000. Finally, Los Angeles Capital Management LLC grew its position in shares of Integral Ad Science by 102.2% during the fourth quarter. Los Angeles Capital Management LLC now owns 44,875 shares of the company’s stock valued at $646,000 after purchasing an additional 22,677 shares in the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

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.