Anil Sukumaran Sells 3,089 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) Stock

Integral Ad Science Holding Corp. (NASDAQ:IASGet Rating) CAO Anil Sukumaran sold 3,089 shares of the business’s stock in a transaction dated Tuesday, September 6th. The shares were sold at an average price of $7.77, for a total value of $24,001.53. Following the completion of the sale, the chief accounting officer now directly owns 63,787 shares of the company’s stock, valued at $495,624.99. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Anil Sukumaran also recently made the following trade(s):

  • On Wednesday, September 14th, Anil Sukumaran sold 885 shares of Integral Ad Science stock. The shares were sold at an average price of $8.09, for a total value of $7,159.65.

Integral Ad Science Stock Down 2.3 %

Integral Ad Science stock traded down $0.17 during mid-day trading on Friday, hitting $7.34. The company’s stock had a trading volume of 342,880 shares, compared to its average volume of 558,359. Integral Ad Science Holding Corp. has a twelve month low of $7.27 and a twelve month high of $29.68. The company has a current ratio of 3.73, a quick ratio of 3.73 and a debt-to-equity ratio of 0.30. The stock’s fifty day moving average price is $8.96 and its two-hundred day moving average price is $11.11.

Integral Ad Science (NASDAQ:IASGet Rating) last posted its quarterly earnings results on Thursday, August 4th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. Integral Ad Science had a negative net margin of 3.09% and a negative return on equity of 0.41%. The business had revenue of $100.33 million for the quarter, compared to analysts’ expectations of $97.51 million. During the same period in the previous year, the company posted ($0.25) EPS. On average, analysts predict that Integral Ad Science Holding Corp. will post 0.04 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on IAS. Barclays lowered their price target on Integral Ad Science to $10.00 in a report on Monday, August 15th. Wells Fargo & Company reduced their price target on Integral Ad Science from $28.00 to $21.00 and set an “overweight” rating on the stock in a research note on Monday, August 8th. Morgan Stanley cut their target price on Integral Ad Science from $13.00 to $12.00 and set an “overweight” rating on the stock in a research report on Monday, August 8th. Oppenheimer cut their target price on Integral Ad Science from $16.00 to $15.00 and set an “outperform” rating on the stock in a research report on Monday, August 8th. Finally, Jefferies Financial Group cut their price objective on Integral Ad Science from $18.00 to $15.00 in a research report on Thursday, August 4th. One research analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $19.50.

Hedge Funds Weigh In On Integral Ad Science

Several institutional investors and hedge funds have recently modified their holdings of the stock. Ameritas Investment Partners Inc. lifted its stake in shares of Integral Ad Science by 92.1% in the 1st quarter. Ameritas Investment Partners Inc. now owns 2,499 shares of the company’s stock valued at $34,000 after purchasing an additional 1,198 shares during the last quarter. Amalgamated Bank acquired a new position in Integral Ad Science during the 1st quarter worth $43,000. Strs Ohio lifted its position in Integral Ad Science by 33.3% during the 1st quarter. Strs Ohio now owns 5,200 shares of the company’s stock worth $71,000 after acquiring an additional 1,300 shares during the last quarter. Richelieu Gestion PLC acquired a new position in Integral Ad Science during the 1st quarter worth $93,000. Finally, Meeder Asset Management Inc. lifted its position in Integral Ad Science by 702.7% during the 1st quarter. Meeder Asset Management Inc. now owns 9,135 shares of the company’s stock worth $126,000 after acquiring an additional 7,997 shares during the last quarter. 96.67% of the stock is currently owned by hedge funds and other institutional investors.

About Integral Ad Science

(Get Rating)

Integral Ad Science Holding Corp. operates as a digital advertising verification company in the United States, the United Kingdom, Germany, Italy, Spain, Sweden, Singapore, Australia, France, Japan, Canada, India, and Brazil. The company provides IAS Signal, a cloud-based technology platform that offers actionable insights; and deliver independent measurement and verification of digital advertising across devices, channels, and formats, including desktop, mobile, connected TV, social, display, and video.

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