Integral Ad Science chief accounting officer sells $5,127 in stock

Published 04/04/2025, 00:02
Integral Ad Science chief accounting officer sells $5,127 in stock

Gil Alexis II, the Chief Accounting Officer of Integral Ad Science Holding Corp. (NASDAQ:IAS), recently disclosed a sale of company stock. According to a Form 4 filing with the Securities and Exchange Commission, Alexis sold 637 shares on April 2, 2025, at a weighted average price of $8.05 per share, totaling approximately $5,127. The sale was conducted to cover tax liabilities associated with the settlement of restricted stock units. Following this transaction, Alexis holds 178,638 shares directly in the $1.32 billion market cap company. The stock is currently trading near its 52-week low of $7.22, having declined over 30% year-to-date. InvestingPro analysis suggests the stock is currently undervalued, with multiple positive indicators available in the Pro Research Report.

Additionally, on April 1, 2025, Alexis acquired 60,150 shares of common stock at no cost, bringing his total holdings to 179,275 shares before the sale. These transactions provide insight into the officer’s current stake in the company, which maintains strong financial health with a GOOD overall rating according to InvestingPro’s comprehensive analysis.

In other recent news, Integral Ad Science reported fourth-quarter revenue of $153 million, surpassing analyst estimates of $148.97 million and marking a 14% year-over-year increase. The company’s adjusted earnings per share were $0.09, slightly below the consensus forecast of $0.11. Integral Ad Science provided an optimistic outlook for the first quarter of 2025, expecting revenue between $128 million and $131 million, which exceeds the analyst consensus of $126.5 million. For the full year of 2025, the company projects revenue between $588 million and $600 million, above the midpoint of analyst estimates.

Loop Capital Markets maintained a Buy rating on Integral Ad Science but lowered its price target from $15 to $13, following the company’s strong fourth-quarter performance. Meanwhile, Benchmark analysts held their Hold rating, citing the need for more information to assess the revenue outlook for 2025. Scotiabank (TSX:BNS) raised its price target for Integral Ad Science to $12 from $10, maintaining a Sector Perform rating, and noted the company’s strategic expansion into markets like China. Despite the challenging conditions in the ad-tech sector, Integral Ad Science’s robust performance and expansion efforts have been highlighted by multiple analysts.

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