Investor Cuts $12.9 Million Stake as IAS Heads Toward $1.9 Billion Buyout

Key Highlights

• These 10 stocks could mint the next wave of millionaires › Connecticut-based Ararat Capital Management reported a significant reduction in its stake in Integral Ad Science Holding Corp.
• (NASDAQ:IAS), selling nearly 1.5 million shares that helped lead to a net position reduction of $11.1 million, according to a November 14 SEC filing.
• What Happened According to a filing with the Securities and Exchange Commission dated November 14, Ararat Capital Management LP sold nearly 1.5 million shares of Integral Ad Science Holding Corp.
• (NASDAQ:IAS) in the third quarter.
• The estimated transaction value is $12.9 million based on quarterly average pricing.