Integral Ad Science (NASDAQ:IAS) Shares Gap Down – Here’s Why

Integral Ad Science Holding Corp. (NASDAQ:IAS – Get Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $8.

64, but opened at $8.15. Integral Ad Science shares last traded at $8.



36, with a volume of 171,981 shares changing hands. Wall Street Analysts Forecast GrowthSeveral equities analysts recently commented on the company. Benchmark reiterated a “hold” 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 report on Monday, March 3rd. Truist Financial boosted their target price on shares of Integral Ad Science from $16.00 to $17.

00 and gave the company a “buy” rating in a report on Monday, March 3rd. Barclays reaffirmed an “equal weight” rating on shares of Integral Ad Science in a research note on Friday, February 28th. Finally, Robert W.

Baird reissued a “neutral” rating and set a $9.00 price objective (down from $16.00) on shares of Integral Ad Science in a research note on Friday.

Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, Integral Ad Science presently has an average rating of “Moderate Buy” and an average target price of $14.45.

View Our Latest Research Report on Integral Ad ScienceIntegral Ad Science Price PerformanceThe company has a current ratio of 3.71, a quick ratio of 3.71 and a debt-to-equity ratio of 0.

07. The stock has a market cap 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’s 50 day moving average is $10.01 and its 200-day moving average is $10.55.

Integral Ad Science (NASDAQ:IAS – Get Free Report) last announced its earnings results on Friday, February 28th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.

12 by ($0.03). The business had revenue of $153.

00 million for 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 firm’s revenue was up 13.

9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.06 earnings per share.

As a group, sell-side analysts predict that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Insider ActivityIn other news, CEO Lisa Utzschneider sold 12,448 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $10.61, for a total value of $132,073.

28. Following the sale, the chief executive officer now owns 278,650 shares in the company, valued at approximately $2,956,476.50.

This represents a 4.28 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

In the last three months, insiders sold 19,109 shares of company stock worth $197,696. 2.00% of the stock is currently owned by insiders.

Institutional Trading of Integral Ad ScienceSeveral hedge funds and other institutional investors have recently bought and sold shares of IAS. California State Teachers Retirement System grew its position in shares of Integral Ad Science by 9.6% in the 4th quarter.

California State Teachers Retirement System now owns 74,874 shares of the company’s stock worth $782,000 after acquiring an additional 6,564 shares in the last quarter. Repertoire Partners LP boosted its holdings in Integral Ad Science by 83.7% in the fourth quarter.

Repertoire Partners LP now owns 284,707 shares of the company’s stock worth $2,972,000 after purchasing an additional 129,707 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Integral Ad Science by 42.7% during the fourth quarter.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 155,010 shares of the company’s stock worth $1,618,000 after purchasing an additional 46,395 shares during the period. State of Wyoming bought a new position in shares of Integral Ad Science in the 4th quarter worth about $51,000. Finally, Sherbrooke Park Advisers LLC acquired a new position in shares of Integral Ad Science in the 4th quarter valued at about $132,000.

95.78% of the stock is owned by institutional investors. About Integral Ad Science (Get Free Report)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.Further ReadingFive stocks we like better than Integral Ad ScienceInvesting in Commodities: What Are They? How to Invest in ThemMarketBeat Week in Review – 03/24 – 03/28What is the MACD Indicator and How to Use it in Your TradingShould You Buy UPS Stock Now? Deep Dive Into Its 5-Year LowUnveiling The Power Of VWAP: A Key Indicator For Traders4 Healthcare Stocks With Massive Gains—and More to Come.