Hsbc Holdings PLC Purchases 76,858 Shares of Integral Ad Science Holding Corp. $IAS

Hsbc Holdings PLC increased its position in Integral Ad Science Holding Corp. (NASDAQ:IAS) by 377.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 97,212 shares of the company’s stock after buying an additional 76,858 shares during the period. Hsbc Holdings PLC owned 0.06% of Integral Ad Science worth $802,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in IAS. Teacher Retirement System of Texas raised its holdings in shares of 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 acquiring an additional 1,739 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Integral Ad Science by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 43,326 shares of the company’s stock worth $349,000 after purchasing an additional 1,807 shares during the last quarter. Police & Firemen s Retirement System of New Jersey raised its stake in Integral Ad Science by 25.7% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 18,503 shares of the company’s stock valued at $154,000 after purchasing an additional 3,787 shares in the last quarter. CWM LLC raised its stake in Integral Ad Science by 1,248.1% during the second quarter. CWM LLC now owns 9,019 shares of the company’s stock valued at $75,000 after purchasing an additional 8,350 shares in the last quarter. Finally, Voya Investment Management LLC lifted its position in Integral Ad Science by 22.7% during the first quarter. Voya Investment Management LLC now owns 47,281 shares of the company’s stock valued at $381,000 after purchasing an additional 8,761 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Insider Transactions at Integral Ad Science

In related news, CAO Alexis Gil II sold 25,901 shares of the stock in a transaction that occurred on Wednesday, September 24th. The stock was sold at an average price of $10.18, for a total value of $263,672.18. Following the transaction, the chief accounting officer owned 145,140 shares of the company’s stock, valued at $1,477,525.20. This represents a 15.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Lisa Utzschneider sold 17,267 shares of the firm’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 transaction, the chief executive officer owned 415,293 shares in the company, valued at $4,231,835.67. The trade was 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 72,912 shares of company stock worth $743,518 over the last 90 days. Insiders own 2.00% of the company’s stock.

Integral Ad Science Stock Up 0.1%

Shares of Integral Ad Science stock opened at $10.28 on Wednesday. The stock’s fifty day moving average is $10.23 and its two-hundred day moving average is $9.12. Integral Ad Science Holding Corp. has a 52 week low of $6.26 and a 52 week high of $11.43. The company has a market capitalization of $1.73 billion, a PE ratio of 36.71, a price-to-earnings-growth ratio of 1.54 and a beta of 1.59.

Integral Ad Science (NASDAQ:IAS) last issued 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). The company had revenue of $154.36 million for the quarter, compared to analysts’ expectations of $149.18 million. Integral Ad Science had a net margin of 7.91% and a return on equity of 4.45%. As a group, research analysts anticipate that Integral Ad Science Holding Corp. will post 0.26 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on IAS. Stifel Nicolaus restated a “hold” rating and set a $10.30 target price (down from $14.00) on shares of Integral Ad Science in a research report on Thursday, September 25th. Robert W. Baird upped their price objective on Integral Ad Science from $9.00 to $10.30 and gave the company a “neutral” rating in a research report on Thursday, September 25th. BMO Capital Markets set a $10.30 target price on Integral Ad Science and gave the stock a “market perform” rating in a report on Wednesday, September 24th. Oppenheimer cut shares of Integral Ad Science from an “outperform” rating to a “market perform” rating in a research report on Wednesday, September 24th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Integral Ad Science in a research note on Tuesday, October 14th. Fourteen investment analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $11.52.

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.