Will Integral Ad Science Holding Corp. (IAS) be Able to Continue its Strong Growth?

TimesSquare Capital Management, an equity investment management company, released its “U.S. Small Cap Growth Strategy” third-quarter investor letter. A copy of the same can be downloaded here. In the third quarter, the strategy outperformed the Russell 2000 Growth Index and returned 3.28% (net), and the index return was 0.24%. Strength in Industrials, Consumer Staples, Consumer Discretionary, and Information Technology sectors contributed to the strategy’s outperformance in the quarter. In addition, please check the fund’s top five holdings to know its best picks in 2022.

TimesSquare Capital highlighted stocks like Integral Ad Science Holding Corp. (NASDAQ:IAS) in its Q3 2022 investor letter. Headquartered in New York, New York, Integral Ad Science Holding Corp. (NASDAQ:IAS) is a digital advertising verification provider. On December 19, 2022, Integral Ad Science Holding Corp. (NASDAQ:IAS) stock closed at $8.75 per share. One-month return of Integral Ad Science Holding Corp. (NASDAQ:IAS) was -7.01%, and its shares lost 59.64% of their value over the last 52 weeks. Integral Ad Science Holding Corp. (NASDAQ:IAS) has a market capitalization of $1.346 billion.

TimesSquare Capital made the following comment about Integral Ad Science Holding Corp. (NASDAQ:IAS) in its Q3 2022 investor letter:

“Offsetting that somewhat was the -27% showing from Integral Ad Science Holding Corp. (NASDAQ:IAS), which provides digital advertising verification services. Although revenues and earnings met expectations, management reduced its guidance for the rest of the year. Weakness from a potential recessionary environment may delay starting recent deals or otherwise elongate the sales cycle. We expect Integral to continue its strong growth path with healthy margins, so we added to our holdings.”

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Integral Ad Science Holding Corp. (NASDAQ:IAS) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 15 hedge fund portfolios held Integral Ad Science Holding Corp. (NASDAQ:IAS) at the end of the third quarter, which was 12 in the previous quarter.

We discussed Integral Ad Science Holding Corp. (NASDAQ:IAS) in another article and shared the list of ad-tech stocks to buy as the industry goes through upheavals. In addition, please check out our hedge fund investor letters Q3 2022 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.