Empowered Funds LLC purchased a new position in shares of Match Group Inc. (NASDAQ:MTCH – Free Report) during the 2nd quarter, Holdings Channel.com reports. The firm purchased 82,067 shares of the technology company’s stock, valued at approximately $3,123,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in Match Group in the second quarter valued at $1,087,055,000. AQR Capital Management LLC increased its position in shares of Match Group by 1,163.7% during the third quarter. AQR Capital Management LLC now owns 6,137,898 shares of the technology company’s stock worth $216,791,000 after purchasing an additional 5,652,174 shares in the last quarter. Edmond DE Rothschild Holding S.A. acquired a new stake in shares of Match Group during the second quarter worth about $154,811,000. Norges Bank acquired a new stake in shares of Match Group during the fourth quarter worth about $112,641,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Match Group in the 2nd quarter valued at about $100,796,000. 94.05% of the stock is owned by hedge funds and other institutional investors.
Match Group Price Performance
NASDAQ:MTCH opened at $41.91 on Wednesday. The firm has a market cap of $9.62 billion, a price-to-earnings ratio of 14.81, a price-to-earnings-growth ratio of 0.59 and a beta of 1.32. The firm’s fifty day moving average price is $38.86 and its 200 day moving average price is $35.42. Match Group Inc. has a 1-year low of $28.81 and a 1-year high of $42.49.
Match Group Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Monday, October 5th will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, October 5th. Match Group’s payout ratio is 28.27%.
Insider Buying and Selling
In other Match Group news, Director Glenn Schiffman acquired 3,000 shares of the stock in a transaction on Tuesday, August 11th. The shares were bought at an average price of $36.63 per share, with a total value of $109,890.00. Following the acquisition, the director owned 56,370 shares of the company’s stock, valued at $2,064,833.10. This trade represents a 5.62% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Philip D. Eigenmann sold 15,000 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $41.70, for a total value of $625,500.00. Following the transaction, the chief accounting officer owned 19,389 shares in the company, valued at $808,521.30. The trade was a 43.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.71% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on MTCH. The Goldman Sachs Group reissued a “buy” rating and issued a $43.00 target price on shares of Match Group in a research report on Wednesday, May 6th. Citigroup lifted their price target on Match Group from $33.00 to $39.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 6th. UBS Group boosted their price objective on Match Group from $34.00 to $38.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Zacks Research raised Match Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 11th. Finally, Barclays raised their target price on shares of Match Group from $49.00 to $51.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, Match Group currently has an average rating of “Moderate Buy” and a consensus target price of $42.46.
Check Out Our Latest Research Report on Match Group
Match Group News Roundup
Here are the key news stories impacting Match Group this week:
- Positive Sentiment: Match Group’s Q2 2026 figures showed a modest revenue dip but solid earnings, a combination that appears to have reassured investors about the company’s profitability and ability to navigate slower top-line growth. Match Group stock gains as Q2 2026 figures show modest revenue dip but solid earnings
- Positive Sentiment: Zacks identified Match Group as one of three value stocks to consider amid rising market volatility. The company’s relatively low valuation and growth-adjusted price-to-earnings ratio may be attracting value-oriented investors, particularly as markets become more selective. 3 Value Stocks to Buy as September Market Volatility Picks Up
About Match Group
Match Group, Inc (NASDAQ: MTCH) is a leading provider of online dating products and services. The company owns and operates a diverse portfolio of consumer brands that connect singles through digital platforms. Its flagship offerings include Match.com, Tinder, Hinge, OkCupid and PlentyOfFish, which together serve users looking for long-term relationships, casual encounters and social networking opportunities.
Originating with the launch of Match.com in 1995, Match Group has grown through a combination of organic development and strategic acquisitions.
See Also
- Five stocks we like better than Match Group
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Want to see what other hedge funds are holding MTCH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Match Group Inc. (NASDAQ:MTCH – Free Report).
Receive News & Ratings for Match Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Match Group and related companies with MarketBeat.com's FREE daily email newsletter.
