Sun Sep 15 12:43:16 UTC 2024: ## Jupiter Asset Management Cuts Stakes in Integral Ad Science

**New York, NY -** Jupiter Asset Management Ltd. significantly reduced its stake in digital advertising verification company Integral Ad Science Holding Corp. (NASDAQ:IAS) during the second quarter of 2024, according to a recent SEC filing. The fund sold 296,976 shares, decreasing its holdings by 90.9% and leaving them with only 29,701 shares worth approximately $289,000.

This move comes as other institutional investors and hedge funds have been adjusting their positions in IAS. While Jupiter sold, several firms like Ameritas Investment Partners Inc., ProShare Advisors LLC, American Trust, Price T Rowe Associates Inc. MD, and Richelieu Gestion SA have increased their holdings during the first quarter of 2024.

Despite the sale, institutional investors and hedge funds hold a significant portion of the company’s stock, owning 95.78% of IAS.

Meanwhile, company insiders have been selling shares. CFO Tania Secor and CEO Lisa Utzschneider both sold a significant number of shares in July, totaling 27,636 shares worth $289,513.

Integral Ad Science Holding Corp. recently reported strong earnings for the second quarter, exceeding analyst expectations. The company’s stock opened at $10.93 on Friday, and its market capitalization currently sits at $1.76 billion.

**Analysts are forecasting 0.29 earnings per share for the current fiscal year.**

The company provides a cloud-based technology platform, IAS Signal, that delivers independent measurement and verification of digital advertising across various channels and formats.

**This news article is based on information from MarketBeat News, and further details regarding the company’s financial performance and insider trading activities can be found on their website.**

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