Integral Ad Science Holding Corp. (NASDAQ:IAS) Short Interest Update

Integral Ad Science Holding Corp. (NASDAQ:IAS) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 5,560,000 shares, a decrease of 5.1% from the August 31st total of 5,860,000 shares. Based on an average daily trading volume, of 915,800 shares, the days-to-cover ratio is currently 6.1 days. Currently, 7.7% of the company’s stock are sold short.

Insiders Place Their Bets

In related news, CFO Tania Secor sold 6,643 shares of Integral Ad Science stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $11.24, for a total transaction of $74,667.32. Following the sale, the chief financial officer now directly owns 251,366 shares of the company’s stock, valued at $2,825,353.84. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other Integral Ad Science news, CFO Tania Secor sold 6,643 shares of Integral Ad Science stock in a transaction on Friday, September 6th. The stock was sold at an average price of $11.24, for a total value of $74,667.32. Following the completion of the transaction, the chief financial officer now owns 251,366 shares in the company, valued at approximately $2,825,353.84. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Lisa Utzschneider sold 6,445 shares of Integral Ad Science stock in a transaction dated Monday, July 8th. The shares were sold at an average price of $9.68, for a total value of $62,387.60. Following the completion of the transaction, the chief executive officer now directly owns 214,563 shares of the company’s stock, valued at $2,076,969.84. The disclosure for this sale can be found here. Insiders have sold 27,003 shares of company stock valued at $283,347 over the last three months. 2.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Ameritas Investment Partners Inc. lifted its position in shares of Integral Ad Science by 40.1% during the first quarter. Ameritas Investment Partners Inc. now owns 6,724 shares of the company’s stock worth $67,000 after acquiring an additional 1,924 shares in the last quarter. American Trust grew its holdings in shares of Integral Ad Science by 18.0% during the first quarter. American Trust now owns 13,742 shares of the company’s stock worth $137,000 after purchasing an additional 2,096 shares in the last quarter. Richelieu Gestion SA increased its position in shares of Integral Ad Science by 35.0% in the first quarter. Richelieu Gestion SA now owns 19,501 shares of the company’s stock worth $194,000 after purchasing an additional 5,055 shares during the last quarter. Principal Financial Group Inc. grew its stake in Integral Ad Science by 9.3% in the 2nd quarter. Principal Financial Group Inc. now owns 61,108 shares of the company’s stock worth $594,000 after buying an additional 5,189 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in Integral Ad Science by 18.1% during the second quarter. The Manufacturers Life Insurance Company now owns 37,870 shares of the company’s stock valued at $368,000 after purchasing an additional 5,806 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Integral Ad Science Stock Down 2.4 %

Shares of NASDAQ IAS opened at $10.55 on Wednesday. Integral Ad Science has a 12-month low of $7.98 and a 12-month high of $17.53. The company has a quick ratio of 3.76, a current ratio of 3.76 and a debt-to-equity ratio of 0.10. The firm has a market cap of $1.69 billion, a PE ratio of 1,055.00, a P/E/G ratio of 1.32 and a beta of 1.56. The company’s fifty day simple moving average is $10.99 and its 200 day simple moving average is $10.12.

Integral Ad Science (NASDAQ:IAS) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.03. The business had revenue of $129.01 million during the quarter, compared to the consensus estimate of $126.31 million. Integral Ad Science had a net margin of 0.57% and a return on equity of 0.31%. Integral Ad Science’s revenue was up 13.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.05 EPS. As a group, sell-side analysts forecast that Integral Ad Science will post 0.29 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Barclays boosted their price objective on Integral Ad Science from $12.00 to $13.00 and gave the company an “equal weight” rating in a research report on Monday, August 5th. Morgan Stanley increased their price target on shares of Integral Ad Science from $12.00 to $13.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 23rd. Raymond James raised their price target on Integral Ad Science from $13.00 to $15.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Finally, Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a report on Monday, August 5th. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.40.

About Integral Ad Science

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.