Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Integral Ad Science Holding Corp shares valued at $80,199 were sold by Utzschneider Lisa on May 06 ’24. At $9.97 per share, Utzschneider Lisa sold 8,044 shares. The insider’s holdings dropped to 203,139 shares worth approximately $1.7 million following the completion of this transaction.
Also, Utzschneider Lisa sold 30,407 shares, netting a total of over 305,590 in proceeds. Following the sale of shares at $10.05 each, the insider now holds 188,678 shares.
Before that, SECOR TANIA had sold 17,999 shares from its account. In a trade valued at $180,890, the Chief Financial Officer traded Integral Ad Science Holding Corp shares for $10.05 each. Upon closing the transaction, the insider’s holdings decreased to 17,999 shares, worth approximately $2.0 million.
As published in their initiating research note from Loop Capital on April 30, 2024, Integral Ad Science Holding Corp [IAS] has been a Buy and the price target has been revised to $15. Analysts at Morgan Stanley downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in mid April. As of February 28, 2024, Raymond James has decreased its “Strong buy” rating to a “an Outperform” for IAS. Earlier on January 11, 2024, BofA Securities initiated its rating. Their recommendation was “a Buy” for IAS stock.
Analyzing IAS Stock Performance
During the last five days, there has been a drop of approximately -13.80%. Over the course of the year, Integral Ad Science Holding Corp shares have dropped approximately -41.83%. Shares of the company reached a 52-week high of $17.53 on 02/27/24 and a 52-week low of $7.98 on 05/08/24. A 50-day SMA is recorded $9.67, while a 200-day SMA reached $13.09. Nevertheless, trading volume fell to 6.09 million shares from 1.13 million shares the previous day.
Support And Resistance Levels for Integral Ad Science Holding Corp (IAS)
According to the 24-hour chart, there is a support level at 8.02, which, if violated, would cause prices to drop to 7.68. In the upper region, resistance lies at 8.67. The next price resistance is at 8.98. RSI (Relative Strength Index) is 29.25 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.14, which suggests the price will decrease in the coming days. Percent R is at 82.43%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
