Integral Ad Science (NASDAQ:IAS) Cut to Hold at Baird R W

Baird R W cut shares of Integral Ad Science (NASDAQ:IAS) from a strong-buy rating to a hold rating in a research report released on Friday morning,Zacks.com reports.

IAS has been the subject of several other research reports. Oppenheimer reiterated an “outperform” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Morgan Stanley reiterated a “mixed” rating on shares of Integral Ad Science in a research note on Monday, March 3rd. Barclays reissued an “equal weight” rating on shares of Integral Ad Science in a research report on Friday, February 28th. Benchmark reaffirmed a “hold” rating on shares of Integral Ad Science in a report on Friday, February 28th. Finally, Truist Financial boosted their price objective on Integral Ad Science from $16.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday, March 3rd. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $14.45.

Integral Ad Science Trading Down 4.6 %

IAS opened at $8.24 on Friday. Integral Ad Science has a fifty-two week low of $7.98 and a fifty-two week high of $13.62. The firm has a market capitalization of $1.35 billion, a PE ratio of 41.20, a P/E/G ratio of 1.06 and a beta of 1.45. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.71 and a quick ratio of 3.71. The company’s 50-day moving average is $10.01 and its 200 day moving average is $10.55.

Integral Ad Science (NASDAQ:IAS) last issued its quarterly earnings data on Friday, February 28th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.03). The company had revenue of $153.00 million during the quarter, compared to analysts’ expectations of $148.83 million. Integral Ad Science had a return on equity of 3.47% and a net margin of 6.39%. The business’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period last year, the company earned $0.06 earnings per share. As a group, research analysts predict that Integral Ad Science will post 0.26 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Lisa Utzschneider sold 12,448 shares of the business’s stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $10.61, for a total transaction of $132,073.28. Following the completion of the transaction, the chief executive officer now directly owns 278,650 shares in the company, valued at $2,956,476.50. The trade was a 4.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders have sold 19,109 shares of company stock valued at $197,696. Company insiders own 2.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Point72 DIFC Ltd purchased a new position in shares of Integral Ad Science during the 3rd quarter valued at about $41,000. State of Wyoming bought a new stake in shares of Integral Ad Science in the 4th quarter worth approximately $51,000. Alta Fox Capital Management LLC purchased a new stake in shares of Integral Ad Science in the 4th quarter valued at $61,000. Quantbot Technologies LP bought a new position in shares of Integral Ad Science during the 3rd quarter valued at $106,000. Finally, BNP Paribas Financial Markets purchased a new position in Integral Ad Science in the 4th quarter worth $120,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

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.