The stock of Integral Ad Science Holding Corp (NASDAQ:IAS) last traded at $8.38, up 0.12% from the previous session.
IAS stock price is now -13.34% away from the 50-day moving average and -36.00% away from the 200-day moving average. The market capitalization of the company currently stands at $1.34B.
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With the price target of $15, Loop Capital recently initiated with Buy rating for Integral Ad Science Holding Corp (NASDAQ: IAS). On April 16, 2024, Morgan Stanley Downgraded its previous ‘Overweight’ rating to ‘Equal-Weight’ on the stock reducing its target price from $18 to quote $12, while ‘Raymond James’ rates the stock as ‘Outperform’
In other news, Utzschneider Lisa, Chief Executive Officer sold 8,044 shares of the company’s stock on May 06 ’24. The stock was sold for $80,199 at an average price of $9.97. Upon completion of the transaction, the Chief Executive Officer now directly owns 203,139 shares in the company, valued at $1.7 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 08 ’24, Chief Executive Officer Utzschneider Lisa sold 30,407 shares of the business’s stock. A total of $305,590 was realized by selling the stock at an average price of $10.05. This leaves the insider owning 188,678 shares of the company worth $1.58 million. A total of 41.47% of the company’s stock is owned by insiders.
During the past 12 months, Integral Ad Science Holding Corp has had a low of $7.98 and a high of $20.88. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 3.21, and a quick ratio of 3.21.
According to the Advertising Agencies Company, earnings per share came in at 0.02, beating analysts’ expectations of 0.01 by 0.01. This compares to $0.07 EPS in the same period last year. The net profit margin was 1.53% and return on equity was 0.84% for IAS. The company reported revenue of $134.29 million for the quarter, compared to $117.44 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 14.36 percent. For the current quarter, analysts expect IAS to generate $112.15M in revenue.
