Integral Ad Science Holding Corp. (NASDAQ:IAS) Shares Acquired by Dimensional Fund Advisors LP
Dimensional Fund Advisors LP lifted its holdings in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS – Free Report) by 86.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,475,394 shares of the company’s stock after buying an additional 684,839 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.94% of Integral Ad Science worth $26,529,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in IAS. JPMorgan Chase & Co. raised its stake in shares of Integral Ad Science by 286.0% during the 1st quarter. JPMorgan Chase & Co. now owns 119,294 shares of the company’s stock worth $1,646,000 after buying an additional 88,390 shares during the period. Bank of New York Mellon Corp increased its position in shares of Integral Ad Science by 74.3% during the first quarter. Bank of New York Mellon Corp now owns 87,728 shares of the company’s stock worth $1,210,000 after purchasing an additional 37,393 shares in the last quarter. Bank of Montreal Can increased its position in shares of Integral Ad Science by 3.5% during the first quarter. Bank of Montreal Can now owns 149,859 shares of the company’s stock worth $2,155,000 after purchasing an additional 5,018 shares in the last quarter. MetLife Investment Management LLC increased its position in shares of Integral Ad Science by 185.3% during the first quarter. MetLife Investment Management LLC now owns 19,760 shares of the company’s stock worth $273,000 after purchasing an additional 12,835 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of Integral Ad Science by 112.4% during the first quarter. Rhumbline Advisers now owns 33,014 shares of the company’s stock worth $456,000 after purchasing an additional 17,470 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.
Integral Ad Science Stock Performance
NASDAQ IAS opened at $14.02 on Wednesday. The stock has a market cap of $2.21 billion, a PE ratio of 280.40 and a beta of 1.87. The company has a current ratio of 3.47, a quick ratio of 3.47 and a debt-to-equity ratio of 0.20. Integral Ad Science Holding Corp. has a twelve month low of $8.23 and a twelve month high of $20.88. The stock has a fifty day simple moving average of $12.88 and a 200-day simple moving average of $15.25.
Integral Ad Science (NASDAQ:IAS – Get Free Report) last released its quarterly earnings results on Thursday, November 2nd. The company reported ($0.09) earnings per share for the quarter. Integral Ad Science had a return on equity of 1.01% and a net margin of 1.87%. The business had revenue of $120.33 million for the quarter, compared to analysts’ expectations of $113.38 million. Equities analysts anticipate that Integral Ad Science Holding Corp. will post 0.02 earnings per share for the current year.
Analyst Ratings Changes
Several analysts recently commented on IAS shares. TheStreet cut Integral Ad Science from a “c” rating to a “d+” rating in a research report on Wednesday, August 9th. Robert W. Baird started coverage on Integral Ad Science in a research report on Friday, August 18th. They set an “outperform” rating and a $19.00 price target for the company. Macquarie started coverage on Integral Ad Science in a research report on Wednesday, September 27th. They set an “outperform” rating and a $16.00 price target for the company. Morgan Stanley dropped their target price on Integral Ad Science from $21.50 to $16.50 and set an “overweight” rating for the company in a report on Friday, November 3rd. Finally, Piper Sandler dropped their target price on Integral Ad Science from $23.00 to $20.00 and set an “overweight” rating for the company in a report on Friday, November 3rd. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $19.45.
Check Out Our Latest Stock Analysis on IAS
Insider Buying and Selling
In related news, CEO Lisa Utzschneider sold 8,428 shares of the stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of $13.81, for a total transaction of $116,390.68. Following the transaction, the chief executive officer now owns 125,929 shares of the company’s stock, valued at approximately $1,739,079.49. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 2.00% of the stock is owned by corporate insiders.
Integral Ad Science Profile (Free Report)
Integral Ad Science Holding Corp. operates as a digital advertising verification company in the United States, the United Kingdom, France, Germany, Italy, Singapore, Australia, France, Japan, and India. 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.
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