Y Intercept Hong Kong Ltd Has $1.78 Million Holdings in MediaAlpha, Inc. $MAX

Y Intercept Hong Kong Ltd raised its position in shares of MediaAlpha, Inc. (NYSE:MAX) by 519.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 162,747 shares of the company’s stock after buying an additional 136,459 shares during the quarter. Y Intercept Hong Kong Ltd owned 0.24% of MediaAlpha worth $1,782,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Clearline Capital LP raised its holdings in shares of MediaAlpha by 123.4% during the first quarter. Clearline Capital LP now owns 2,654,921 shares of the company’s stock valued at $24,531,000 after acquiring an additional 1,466,760 shares during the period. Broad Bay Capital Management LP grew its position in MediaAlpha by 23.8% during the 1st quarter. Broad Bay Capital Management LP now owns 2,747,778 shares of the company’s stock worth $25,389,000 after purchasing an additional 529,093 shares in the last quarter. Nuveen LLC acquired a new stake in MediaAlpha during the 1st quarter valued at $4,675,000. PDT Partners LLC acquired a new stake in MediaAlpha during the 1st quarter valued at $1,199,000. Finally, Algert Global LLC lifted its holdings in shares of MediaAlpha by 65.0% in the first quarter. Algert Global LLC now owns 225,300 shares of the company’s stock valued at $2,082,000 after purchasing an additional 88,791 shares in the last quarter. 64.39% of the stock is owned by hedge funds and other institutional investors.

MediaAlpha Stock Up 4.3%

Shares of MAX opened at $12.76 on Friday. The firm has a market cap of $866.57 million, a price-to-earnings ratio of -425.02 and a beta of 1.20. The company’s fifty day moving average is $11.60 and its 200-day moving average is $10.66. MediaAlpha, Inc. has a 12 month low of $7.33 and a 12 month high of $20.72.

MediaAlpha (NYSE:MAX) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $0.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.05. MediaAlpha had a negative net margin of 0.10% and a negative return on equity of 71.02%. The firm had revenue of $306.51 million during the quarter, compared to analysts’ expectations of $283.30 million. During the same period in the prior year, the company posted $0.17 earnings per share. MediaAlpha’s revenue for the quarter was up 18.3% on a year-over-year basis. MediaAlpha has set its Q4 2025 guidance at EPS. As a group, research analysts predict that MediaAlpha, Inc. will post 0.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Wall Street Zen upgraded MediaAlpha from a “hold” rating to a “strong-buy” rating in a report on Saturday. Keefe, Bruyette & Woods lifted their target price on MediaAlpha from $18.00 to $19.00 and gave the company an “outperform” rating in a research note on Thursday. Canaccord Genuity Group reiterated a “buy” rating and issued a $15.00 target price on shares of MediaAlpha in a report on Thursday. The Goldman Sachs Group set a $13.50 price target on shares of MediaAlpha in a report on Friday. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MediaAlpha in a research report on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $17.25.

Insider Transactions at MediaAlpha

In related news, Director Kathy P. Vrabeck bought 31,000 shares of the firm’s stock in a transaction on Tuesday, August 12th. The stock was purchased at an average price of $9.60 per share, with a total value of $297,600.00. Following the completion of the transaction, the director directly owned 129,657 shares of the company’s stock, valued at $1,244,707.20. This trade represents a 31.42% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CRO Keith Cramer sold 20,000 shares of MediaAlpha stock in a transaction that occurred on Tuesday, August 12th. The shares were sold at an average price of $9.73, for a total transaction of $194,600.00. Following the completion of the transaction, the executive directly owned 167,200 shares in the company, valued at approximately $1,626,856. This represents a 10.68% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 29,669 shares of company stock worth $297,873. 13.44% of the stock is currently owned by insiders.

MediaAlpha Profile

MediaAlpha, Inc, through its subsidiaries, operates an insurance customer acquisition platform in the United States. It optimizes customer acquisition in various verticals of property and casualty insurance, health insurance, and life insurance. The company was founded in 2014 and is headquartered in Los Angeles, California.