Tejara Capital Ltd Acquires 39,854 Shares of Integral Ad Science Holding Corp. (NASDAQ:IAS)

Tejara Capital Ltd raised its holdings in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 66.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 99,854 shares of the company’s stock after purchasing an additional 39,854 shares during the quarter. Tejara Capital Ltd’s holdings in Integral Ad Science were worth $805,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Integral Ad Science by 4.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,519 shares of the company’s stock valued at $433,000 after acquiring an additional 1,832 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Integral Ad Science by 7.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 31,807 shares of the company’s stock worth $332,000 after buying an additional 2,188 shares during the period. GAMMA Investing LLC raised its stake in Integral Ad Science by 547.1% during the 1st quarter. GAMMA Investing LLC now owns 3,313 shares of the company’s stock worth $270,000 after buying an additional 2,801 shares during the period. Renaissance Technologies LLC raised its stake in Integral Ad Science by 1.7% during the 4th quarter. Renaissance Technologies LLC now owns 207,600 shares of the company’s stock worth $2,167,000 after buying an additional 3,400 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its stake in Integral Ad Science by 17.2% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 27,997 shares of the company’s stock worth $293,000 after buying an additional 4,099 shares during the period. Institutional investors own 95.78% of the company’s stock.

Insider Buying and Selling at Integral Ad Science

In related news, CEO Lisa Utzschneider sold 14,904 shares of the firm’s stock in a transaction dated Tuesday, July 8th. The shares were sold at an average price of $8.31, for a total value of $123,852.24. Following the completion of the sale, the chief executive officer directly owned 379,316 shares in the company, valued at approximately $3,152,115.96. This trade represents a 3.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last three months, insiders sold 35,073 shares of company stock valued at $289,641. 2.00% of the stock is owned by company insiders.

Analyst Ratings Changes

IAS has been the topic of several research analyst reports. Morgan Stanley dropped their price objective on Integral Ad Science from $13.50 to $12.50 and set an “equal weight” rating on the stock in a research note on Thursday, April 17th. Stifel Nicolaus raised their price objective on Integral Ad Science from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Tuesday, July 22nd. Barclays lifted their price target on Integral Ad Science from $9.00 to $10.00 and gave the company an “equal weight” rating in a research note on Friday, August 8th. Wall Street Zen raised Integral Ad Science from a “hold” rating to a “buy” rating in a research note on Sunday, August 10th. Finally, Raymond James Financial dropped their price target on Integral Ad Science from $13.00 to $11.00 and set an “outperform” rating on the stock in a research note on Friday, August 8th. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, Integral Ad Science presently has a consensus rating of “Moderate Buy” and an average price target of $13.55.

Integral Ad Science Price Performance

Shares of NASDAQ IAS opened at $9.03 on Friday. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 26.56, a PEG ratio of 1.12 and a beta of 1.57. The business has a 50-day moving average of $8.27 and a 200-day moving average of $8.50. Integral Ad Science Holding Corp. has a fifty-two week low of $6.26 and a fifty-two week high of $13.62.

Integral Ad Science (NASDAQ:IAS) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.03. The company had revenue of $149.20 million during the quarter, compared to analysts’ expectations of $143.02 million. Integral Ad Science had a return on equity of 5.00% and a net margin of 9.79%. On average, sell-side analysts expect that Integral Ad Science Holding Corp. will post 0.26 EPS for the current 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.