Tree.com Inc. (NASDAQ:TREE) CRO Neil Salvage sold 1,500 shares of the stock in a transaction that occurred on Wednesday, November 23rd. The shares were sold at an average price of $107.11, for a total value of $160,665.00. Following the transaction, the executive now owns 13,793 shares of the company’s stock, valued at $1,477,368.23. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Neil Salvage also recently made the following trade(s):

  • On Tuesday, November 22nd, Neil Salvage sold 2,000 shares of Tree.com stock. The shares were sold at an average price of $102.38, for a total value of $204,760.00.

Shares of Tree.com Inc. (NASDAQ:TREE) traded up 0.42% on Monday, hitting $108.25. The stock had a trading volume of 5,012 shares. The firm has a 50 day moving average price of $90.00 and a 200-day moving average price of $91.46. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 26.64 and a beta of 1.36. Tree.com Inc. has a 52 week low of $52.11 and a 52 week high of $112.00.

Tree.com (NASDAQ:TREE) last released its earnings results on Thursday, October 27th. The company reported $0.80 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.84 by $0.04. The business earned $94.60 million during the quarter, compared to analyst estimates of $97.43 million. Tree.com had a net margin of 14.43% and a return on equity of 26.82%. The business’s quarterly revenue was up 35.5% compared to the same quarter last year. During the same period last year, the business earned $0.79 EPS. Analysts anticipate that Tree.com Inc. will post $3.21 EPS for the current year.

Insider Buying and Selling by Quarter for Tree.com (NASDAQ:TREE)

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A number of hedge funds have recently added to or reduced their stakes in the stock. BNP Paribas Arbitrage SA raised its stake in shares of Tree.com by 78.7% in the third quarter. BNP Paribas Arbitrage SA now owns 3,799 shares of the company’s stock valued at $368,000 after buying an additional 1,673 shares during the last quarter. Jackson Square Partners LLC purchased a new stake in shares of Tree.com during the second quarter valued at $29,208,000. Lord Abbett & CO. LLC raised its stake in shares of Tree.com by 343.0% in the second quarter. Lord Abbett & CO. LLC now owns 287,364 shares of the company’s stock valued at $25,383,000 after buying an additional 222,491 shares during the last quarter. Rhumbline Advisers raised its stake in shares of Tree.com by 4.5% in the second quarter. Rhumbline Advisers now owns 8,304 shares of the company’s stock valued at $733,000 after buying an additional 359 shares during the last quarter. Finally, Nationwide Fund Advisors raised its stake in shares of Tree.com by 59.9% in the second quarter. Nationwide Fund Advisors now owns 43,927 shares of the company’s stock valued at $3,880,000 after buying an additional 16,455 shares during the last quarter. 86.84% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have recently commented on TREE shares. RBC Capital Markets set a $145.00 target price on Tree.com and gave the company a “buy” rating in a research note on Monday, October 24th. Zacks Investment Research raised Tree.com from a “sell” rating to a “buy” rating and set a $115.00 price target on the stock in a research report on Thursday, August 4th. Royal Bank Of Canada upped their price target on Tree.com from $110.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday, November 18th. Vetr raised Tree.com from a “buy” rating to a “strong-buy” rating and set a $118.86 price target on the stock in a research report on Wednesday, August 17th. Finally, Mizuho dropped their price target on Tree.com from $122.00 to $116.00 and set a “buy” rating on the stock in a research report on Friday, September 16th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have issued a buy rating to the stock. Tree.com has an average rating of “Buy” and an average price target of $122.99.

Tree.com Company Profile

LendingTree, Inc (LendingTree), formerly Tree.com, Inc, is engaged in operating an online loan marketplace for consumers. The Company offers a range of loan types and other credit-based offerings for its consumers. The Company operates through Lending activities segment. The Company’s online marketplace provides consumers with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity, reverse mortgage, auto loans, credit cards, personal loans, student loans and small business loans, and other related offerings.

5 Day Chart for NASDAQ:TREE

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