Sherbrooke Park Advisers LLC Buys Shares of 12,604 Integral Ad Science Holding Corp. (NASDAQ:IAS)

Sherbrooke Park Advisers LLC bought a new stake in Integral Ad Science Holding Corp. (NASDAQ:IAS) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 12,604 shares of the company’s stock, valued at approximately $132,000.

Other hedge funds also recently made changes to their positions in the company. Alta Fox Capital Management LLC acquired a new stake in shares of Integral Ad Science in the 4th quarter valued at approximately $61,000. BNP Paribas Financial Markets acquired a new stake in shares of Integral Ad Science in the 4th quarter valued at approximately $120,000. ClearAlpha Technologies LP acquired a new stake in shares of Integral Ad Science in the 4th quarter valued at approximately $143,000. PEAK6 LLC acquired a new stake in shares of Integral Ad Science in the 4th quarter valued at approximately $146,000. Finally, Handelsbanken Fonder AB acquired a new stake in Integral Ad Science during the 4th quarter worth approximately $162,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on IAS shares. Stifel Nicolaus cut their target price on shares of Integral Ad Science from $15.00 to $13.00 and set a “buy” rating on the stock in a research report on Wednesday, April 23rd. Oppenheimer reiterated an “outperform” rating on shares of Integral Ad Science in a research report on Friday, February 28th. Baird R W downgraded shares of Integral Ad Science from a “strong-buy” rating to a “hold” rating in a research report on Friday, March 28th. Morgan Stanley cut their target price on shares of Integral Ad Science from $13.50 to $12.50 and set an “equal weight” rating on the stock in a research report on Thursday, April 17th. Finally, Benchmark reiterated a “hold” rating on shares of Integral Ad Science in a research report on Friday, February 28th. Six investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $13.55.

Integral Ad Science Stock Performance

NASDAQ:IAS opened at $7.89 on Thursday. The company has a fifty day moving average of $7.60 and a 200-day moving average of $9.55. The firm has a market capitalization of $1.30 billion, a P/E ratio of 39.45, a P/E/G ratio of 1.06 and a beta of 1.55. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.07. Integral Ad Science Holding Corp. has a twelve month low of $6.26 and a twelve month high of $13.62.

Integral Ad Science (NASDAQ:IAS) last released its quarterly earnings data on Monday, May 12th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.02. The company had revenue of $134.07 million during the quarter, compared to analyst estimates of $129.20 million. Integral Ad Science had a net margin of 6.39% and a return on equity of 3.47%. As a group, sell-side analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 EPS for the current year.

Insider Activity

In other Integral Ad Science news, CEO Lisa Utzschneider sold 68,671 shares of the business’s stock in a transaction on Thursday, April 3rd. The shares were sold at an average price of $7.44, for a total transaction of $510,912.24. Following the completion of the sale, the chief executive officer now owns 334,051 shares in the company, valued at approximately $2,485,339.44. The trade was a 17.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold 86,222 shares of company stock worth $636,252 in the last quarter. 2.00% of the stock is owned by corporate insiders.

Integral Ad Science 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.