Economy

Match Group, Inc. (NASDAQ:MTCH) Sees Unusual Volume Mid-Session

Match Group, Inc. (NASDAQ:MTCH) Sees Unusual Volume Mid-Session”

Vanguard Group Inc is the second biggest holder with 6 million shares now valued at 108.95 million whilst J.P. Morgan Investment Management Inc has 5 million shares valued at 91.22 million.

A number of research firms have recently weighed in on MTCH. The brokerage now has $20.04 target price on the stock. Finally, Wells Fargo & Company reaffirmed a "buy" rating and set a $29.00 price target (up previously from $21.00) on shares of Match Group in a research report on Thursday, October 19th.

The company did not issue any guidance for the fourth quarter.

WARNING: "Match Group, Inc".

Growth at Match Group accelerated in the third quarter, driven by fantastic performance at Tinder and Match and OkCupid further stabilizing. (NASDAQ:MTCH), 7 rate it "Buy", 5 "Outperform", 5 "Underperform", 0 "Sell", while 0 "Hold".

Sell-side analysts are offering a consensus "Buy" rating on shares of Match Group, Inc.

Match Group (MTCH) traded down $0.85 on Tuesday, reaching $26.90. Barclays PLC boosted their price target on Match Group from $20.00 to $26.00 and gave the company an "equal weight" rating in a report on Monday, October 23rd. Based on a recent bid, the stock is trading 12.27% away from it's 52- week high and 103.79% away from its 52 week low.

This article was originally published by and is the sole property of Zolmax. If you are accessing this story on another publication, it was copied illegally and reposted in violation of worldwide copyright laws. (NASDAQ:MTCH) to report earnings on Nov, 07 for the fiscal quarter ending Sep 2017.

The match-making website posted third-quarter adjusted earnings at 19 cents per share, which fell 17% year-over-year and missed the Wall Street consensus estimate. The company had revenue of $343.40 million during the quarter, compared to the consensus estimate of $329.19 million. Match Group had a net margin of 16.21% and a return on equity of 34.49%. The firm's revenue was up 19.4% on a year-over-year basis. The Manufacturers Life Insurance Company increased its position in shares of Match Group by 7.4% in the 2nd quarter. If you are viewing this piece of content on another publication, it was copied illegally and reposted in violation of United States and global copyright law. The original version of this story can be read at https://weekherald.com/2017/11/08/match-group-inc-mtch-issues-quarterly-earnings-results.html. Also, Vice Chairman Sam Yagan sold 54,625 shares of Match Group stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $20.46, for a total transaction of $1,318,360.56. The monthly stock performance comes in at 6.28%. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Institutional investors and hedge funds own 19.95% of the company's stock. Parametric Portfolio Associates LLC now owns 14,338 shares of the company's stock valued at $216,000 after buying an additional 65 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Match Group during the third quarter valued at approximately $778,000. Teachers Advisors LLC now owns 25,883 shares of the company's stock valued at $460,000 after buying an additional 178 shares during the period.



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