Keybank National Association OH continued to hold its position in shares of Match Group, Inc. (NASDAQ:MTCH) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 38,657 shares of the technology company’s stock at the close of the 2nd quarter. Keybank National Association OH’s holdings in Match Group were worth $672,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Alps Advisors Inc. lifted its holdings in shares of Match Group by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 28,969 shares of the technology company’s stock worth $503,000 after acquiring an additional 75 shares during the last quarter. TD Asset Management Inc. lifted its holdings in shares of Match Group by 0.8% in the 1st quarter. TD Asset Management Inc. now owns 104,000 shares of the technology company’s stock worth $1,698,000 after acquiring an additional 806 shares during the last quarter. Mutual of America Capital Management LLC lifted its holdings in shares of Match Group by 19.9% in the 1st quarter. Mutual of America Capital Management LLC now owns 6,956 shares of the technology company’s stock worth $114,000 after acquiring an additional 1,156 shares during the last quarter. RPG Investment Advisory LLC lifted its holdings in shares of Match Group by 6.2% in the 1st quarter. RPG Investment Advisory LLC now owns 21,888 shares of the technology company’s stock worth $356,000 after acquiring an additional 1,275 shares during the last quarter. Finally, Teachers Advisors LLC lifted its holdings in shares of Match Group by 6.0% in the 4th quarter. Teachers Advisors LLC now owns 27,445 shares of the technology company’s stock worth $469,000 after acquiring an additional 1,562 shares during the last quarter. Hedge funds and other institutional investors own 19.05% of the company’s stock.

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MTCH has been the subject of several analyst reports. Jefferies Group LLC raised their target price on shares of Match Group from $23.00 to $28.00 and gave the stock a “buy” rating in a report on Thursday. Vetr downgraded shares of Match Group from a “strong-buy” rating to a “buy” rating and set a $19.42 price target on the stock. in a research note on Monday, June 19th. BidaskClub downgraded shares of Match Group from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. Finally, Zacks Investment Research downgraded shares of Match Group from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $21.04.

In other news, Vice Chairman Sam Yagan sold 684,583 shares of the stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $21.95, for a total transaction of $15,026,596.85. Following the sale, the insider now owns 464,963 shares of the company’s stock, valued at $10,205,937.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Jared F. Sine sold 64,436 shares of the stock in a transaction dated Wednesday, August 30th. The stock was sold at an average price of $20.46, for a total transaction of $1,318,360.56. Following the sale, the general counsel now directly owns 64,436 shares in the company, valued at approximately $1,318,360.56. The disclosure for this sale can be found here. Insiders sold 902,498 shares of company stock worth $19,287,878 in the last ninety days. 18.10% of the stock is currently owned by corporate insiders.

Match Group, Inc. (MTCH) opened at 22.17 on Friday. Match Group, Inc. has a 1-year low of $15.05 and a 1-year high of $24.05. The stock has a market cap of $5.81 billion, a P/E ratio of 31.54 and a beta of 0.53. The company has a 50-day moving average of $19.54 and a 200 day moving average of $18.21.

Match Group (NASDAQ:MTCH) last posted its earnings results on Tuesday, August 1st. The technology company reported $0.16 EPS for the quarter, missing the Zacks’ consensus estimate of $0.19 by $0.03. Match Group had a net margin of 16.21% and a return on equity of 34.49%. The company had revenue of $309.57 million during the quarter, compared to analyst estimates of $310.36 million. During the same period in the previous year, the company earned $0.17 EPS. The company’s quarterly revenue was up 12.4% compared to the same quarter last year. Analysts predict that Match Group, Inc. will post $0.88 EPS for the current year.

Match Group Company Profile

Match Group, Inc, incorporated on February 13, 2009, is a provider of dating products. The Company operates in the Dating segment. The Dating segment consists of all of its dating businesses across the globe. As of March 31, 2017, the Company operated a portfolio of over 45 brands, including Match, Tinder, PlentyOfFish, Meetic, OkCupid, Pairs, Twoo, OurTime, BlackPeopleMeet and LoveScout24, each designed to manage its users’ likelihood of finding a romantic connection.

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Institutional Ownership by Quarter for Match Group (NASDAQ:MTCH)

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