Match Group Inc. (NASDAQ:MTCH) Vice Chairman Sam Yagan sold 59,646 shares of the company’s stock in a transaction on Wednesday, November 23rd. The stock was sold at an average price of $18.01, for a total transaction of $1,074,224.46. Following the completion of the transaction, the insider now directly owns 59,646 shares of the company’s stock, valued at approximately $1,074,224.46. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Sam Yagan also recently made the following trade(s):

  • On Tuesday, November 22nd, Sam Yagan sold 149,427 shares of Match Group stock. The stock was sold at an average price of $17.98, for a total transaction of $2,686,697.46.

Shares of Match Group Inc. (NASDAQ:MTCH) traded up 2.28% during trading on Monday, reaching $17.95. 596,177 shares of the company traded hands. The firm has a 50 day moving average of $17.78 and a 200 day moving average of $16.04. The stock has a market capitalization of $4.57 billion and a PE ratio of 34.85. Match Group Inc. has a 52 week low of $8.41 and a 52 week high of $19.74.

Match Group (NASDAQ:MTCH) last announced its earnings results on Tuesday, November 1st. The company reported $0.23 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.04. Match Group had a net margin of 11.38% and a return on equity of 42.62%. The business had revenue of $316.40 million for the quarter, compared to analyst estimates of $317.92 million. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. On average, equities analysts predict that Match Group Inc. will post $0.75 EPS for the current year.

Insider Buying and Selling by Quarter for Match Group (NASDAQ:MTCH)

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Several brokerages have commented on MTCH. Barclays PLC set a $16.00 price target on shares of Match Group and gave the stock a “hold” rating in a research note on Thursday, October 13th. Vetr upgraded shares of Match Group from a “buy” rating to a “strong-buy” rating and set a $20.04 price target on the stock in a research note on Monday, November 21st. Numis Securities Ltd reiterated a “buy” rating on shares of Match Group in a research note on Thursday, November 3rd. Axiom Securities decreased their price target on shares of Match Group from $21.00 to $20.00 and set a “buy” rating on the stock in a research note on Thursday, November 3rd. Finally, Aegis began coverage on shares of Match Group in a research note on Friday, November 18th. They issued a “buy” rating and a $20.00 price target on the stock. Two analysts have rated the stock with a sell rating, four have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $17.14.

Several hedge funds have recently made changes to their positions in MTCH. JPMorgan Chase & Co. increased its position in Match Group by 24.4% in the second quarter. JPMorgan Chase & Co. now owns 4,735,305 shares of the company’s stock valued at $71,385,000 after buying an additional 929,784 shares in the last quarter. Schroder Investment Management Group increased its position in Match Group by 1.2% in the third quarter. Schroder Investment Management Group now owns 2,783,297 shares of the company’s stock valued at $49,515,000 after buying an additional 33,114 shares in the last quarter. Vanguard Group Inc. increased its position in Match Group by 31.8% in the second quarter. Vanguard Group Inc. now owns 2,750,269 shares of the company’s stock valued at $41,459,000 after buying an additional 663,037 shares in the last quarter. Capital World Investors increased its position in Match Group by 8.0% in the second quarter. Capital World Investors now owns 1,350,227 shares of the company’s stock valued at $20,355,000 after buying an additional 100,227 shares in the last quarter. Finally, BlackRock Institutional Trust Company N.A. increased its position in Match Group by 40.9% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 1,003,927 shares of the company’s stock valued at $17,860,000 after buying an additional 291,558 shares in the last quarter. Institutional investors and hedge funds own 16.88% of the company’s stock.

Match Group Company Profile

Match Group, Inc is a provider of dating products. The Company operates in two segments: Dating and Non-dating. Its Dating segment provides dating products and the Company’s Non-dating segment provides various education services, including test preparation, academic tutoring and college counseling services.

5 Day Chart for NASDAQ:MTCH

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