Integral Ad Science Holding Corp. $IAS Shares Acquired by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC raised its stake in shares of Integral Ad Science Holding Corp. (NASDAQ:IAS) by 57.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 260,000 shares of the company’s stock after acquiring an additional 95,000 shares during the quarter. Quinn Opportunity Partners LLC owned approximately 0.16% of Integral Ad Science worth $2,161,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of IAS. Jupiter Asset Management Ltd. bought a new position in shares of Integral Ad Science during the second quarter worth about $734,000. Campbell & CO Investment Adviser LLC acquired a new stake in Integral Ad Science during the second quarter valued at approximately $219,000. Bank of Montreal Can lifted its holdings in Integral Ad Science by 39.4% during the 2nd quarter. Bank of Montreal Can now owns 72,138 shares of the company’s stock worth $599,000 after buying an additional 20,378 shares during the last quarter. Teacher Retirement System of Texas lifted its holdings in Integral Ad Science by 14.6% during the 2nd quarter. Teacher Retirement System of Texas now owns 13,625 shares of the company’s stock worth $113,000 after buying an additional 1,739 shares during the last quarter. Finally, MQS Management LLC acquired a new position in shares of Integral Ad Science in the 2nd quarter worth approximately $129,000. Institutional investors own 95.78% of the company’s stock.

Integral Ad Science Trading Up 0.1%

Shares of NASDAQ IAS opened at $10.28 on Wednesday. The stock has a 50 day simple moving average of $9.71 and a 200-day simple moving average of $8.75. The company has a market cap of $1.73 billion, a PE ratio of 36.71, a P/E/G ratio of 1.50 and a beta of 1.59. Integral Ad Science Holding Corp. has a 12-month low of $6.26 and a 12-month high of $12.86.

Integral Ad Science (NASDAQ:IAS) last announced its earnings results on Tuesday, November 4th. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.02). Integral Ad Science had a return on equity of 4.45% and a net margin of 7.91%.The firm had revenue of $154.36 million for the quarter, compared to the consensus estimate of $149.18 million. Sell-side analysts forecast that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

IAS has been the topic of several research analyst reports. Oppenheimer cut Integral Ad Science from an “outperform” rating to a “market perform” rating in a research note on Wednesday, September 24th. BMO Capital Markets set a $10.30 price target on shares of Integral Ad Science and gave the stock a “market perform” rating in a research report on Wednesday, September 24th. Truist Financial downgraded shares of Integral Ad Science from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 24th. Loop Capital lowered shares of Integral Ad Science from a “buy” rating to a “hold” rating and set a $10.30 price objective on the stock. in a research note on Wednesday, September 24th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $10.30 target price (down from $14.00) on shares of Integral Ad Science in a research note on Thursday, September 25th. One analyst has rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat, Integral Ad Science presently has a consensus rating of “Hold” and an average price target of $12.81.

Insider Transactions at Integral Ad Science

In related news, CAO Alexis Gil II sold 25,901 shares of Integral Ad Science stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $10.18, for a total transaction of $263,672.18. Following the completion of the sale, the chief accounting officer owned 145,140 shares of the company’s stock, valued at approximately $1,477,525.20. This trade represents a 15.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Lisa Utzschneider sold 17,267 shares of the business’s stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $10.19, for a total transaction of $175,950.73. Following the completion of the sale, the chief executive officer directly owned 415,293 shares of the company’s stock, valued at $4,231,835.67. This represents a 3.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 70,131 shares of company stock worth $714,930 in the last quarter. 2.00% of the stock is owned by corporate insiders.

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.