Pacer Advisors Inc. Invests $5.92 Million in Integral Ad Science Holding Corp. $IAS

Pacer Advisors Inc. purchased a new stake in Integral Ad Science Holding Corp. (NASDAQ:IAS) during the third quarter, HoldingsChannel.com reports. The firm purchased 582,510 shares of the company’s stock, valued at approximately $5,924,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Tower Research Capital LLC TRC lifted its holdings in Integral Ad Science by 136.5% in the second quarter. Tower Research Capital LLC TRC now owns 10,158 shares of the company’s stock valued at $84,000 after acquiring an additional 5,862 shares during the period. Monimus Capital Management LP lifted its stake in shares of Integral Ad Science by 36.5% in the second quarter. Monimus Capital Management LP now owns 665,465 shares of the company’s stock valued at $5,530,000 after purchasing an additional 178,094 shares during the period. P2 Capital Partners LLC boosted its holdings in Integral Ad Science by 2.1% during the second quarter. P2 Capital Partners LLC now owns 4,910,000 shares of the company’s stock worth $40,802,000 after buying an additional 100,000 shares in the last quarter. Man Group plc acquired a new position in Integral Ad Science during the second quarter worth about $974,000. Finally, Manatuck Hill Partners LLC purchased a new position in Integral Ad Science in the second quarter valued at about $831,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Integral Ad Science Stock Up 0.8%

IAS opened at $10.34 on Tuesday. The firm has a market cap of $1.74 billion, a P/E ratio of 36.93 and a beta of 1.59. The business’s fifty day simple moving average is $10.26 and its 200 day simple moving average is $9.33. Integral Ad Science Holding Corp. has a 52 week low of $6.26 and a 52 week high of $11.43.

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

Insider Activity at Integral Ad Science

In other Integral Ad Science news, CEO Lisa Utzschneider sold 17,267 shares of the business’s stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $10.19, for a total value of $175,950.73. Following the completion of the transaction, the chief executive officer directly owned 415,293 shares in the company, valued at approximately $4,231,835.67. The trade was a 3.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Alexis Gil II sold 3,527 shares of the stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $10.18, for a total value of $35,904.86. Following the transaction, the chief accounting officer directly owned 139,621 shares in the company, valued at approximately $1,421,341.78. This represents a 2.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 47,011 shares of company stock worth $479,846 in the last three months. Insiders own 2.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on IAS shares. Weiss Ratings reissued a “hold (c)” rating on shares of Integral Ad Science in a research note on Tuesday, October 14th. Raymond James Financial downgraded Integral Ad Science from an “outperform” rating to a “market perform” rating in a research report on Thursday, September 25th. Oppenheimer lowered Integral Ad Science from an “outperform” rating to a “market perform” rating in a report on Wednesday, September 24th. Truist Financial downgraded Integral Ad Science from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 24th. Finally, Craig Hallum cut shares of Integral Ad Science from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 24th. Fourteen research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $11.52.

Integral Ad Science Profile

Integral Ad Science (IAS) is a global technology and data analytics company that helps advertisers and publishers measure and optimize the efficacy, safety, and quality of digital advertising campaigns. The company’s core business centers on ad verification, providing clients with metrics on ad viewability, brand safety, fraud detection, and contextual relevance to ensure that online ads reach real audiences in brand-approved environments. By leveraging machine learning and proprietary data signals, IAS delivers insights that enable marketers to assess campaign performance across desktop, mobile, video, connected TV, and social media channels.

IAS offers a suite of products and solutions designed to address the full spectrum of digital media quality challenges.