Integral Ad Science (NASDAQ:IAS) Hits New 1-Year Low – Should You Sell?

Integral Ad Science Holding Corp. (NASDAQ:IAS)’s share price reached a new 52-week low on Tuesday . The company traded as low as $6.36 and last traded at $6.58, with a volume of 174 shares. The stock had previously closed at $6.56.

Analysts Set New Price Targets

IAS has been the topic of several recent research reports. Robert W. Baird reaffirmed a “neutral” rating and set a $9.00 target price (down previously from $16.00) on shares of Integral Ad Science in a research report on Friday, March 28th. Truist Financial lifted their target price on Integral Ad Science from $16.00 to $17.00 and gave the company a “buy” rating 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. Scotiabank started coverage on shares of Integral Ad Science in a research report on Friday, February 28th. They issued a “sector perform” rating and a $12.00 price objective on the stock. Finally, Morgan Stanley restated a “mixed” rating on shares of Integral Ad Science in a research note on Monday, March 3rd. Five research 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 presently has an average rating of “Moderate Buy” and an average price target of $14.45.

Integral Ad Science Price Performance

The stock’s 50 day simple moving average is $9.02 and its 200-day simple moving average is $10.15. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.71 and a current ratio of 3.71. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 32.05, a price-to-earnings-growth ratio of 1.06 and a beta of 1.53.

Integral Ad Science (NASDAQ:IAS) last issued 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 firm 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 was up 13.9% on a year-over-year basis. During the same quarter last year, the business earned $0.06 EPS. Equities research analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Lisa Utzschneider sold 8,547 shares of the business’s stock in a transaction on Monday, April 7th. The shares were sold at an average price of $6.85, for a total transaction of $58,546.95. Following the completion of the transaction, the chief executive officer now directly owns 341,271 shares in the company, valued at $2,337,706.35. The trade was a 2.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold 90,303 shares of company stock valued at $706,660 over the last quarter. 2.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Integral Ad Science

A number of institutional investors have recently modified their holdings of IAS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Integral Ad Science by 4.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,519 shares of the company’s stock worth $433,000 after acquiring an additional 1,832 shares during the period. Jennison Associates LLC boosted its position in Integral Ad Science by 3.3% in the 4th quarter. Jennison Associates LLC now owns 63,538 shares of the company’s stock worth $663,000 after purchasing an additional 2,046 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in shares of Integral Ad Science by 8.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 28,040 shares of the company’s stock worth $293,000 after purchasing an additional 2,069 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Integral Ad Science by 7.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 31,807 shares of the company’s stock valued at $332,000 after purchasing an additional 2,188 shares in the last quarter. Finally, Arizona State Retirement System lifted its stake in shares of Integral Ad Science by 12.5% in the 4th quarter. Arizona State Retirement System now owns 23,404 shares of the company’s stock valued at $244,000 after purchasing an additional 2,601 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.

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.