Heritage Investors Management Corp Sells 13,593 Shares of IAC Inc. $IAC

Heritage Investors Management Corp reduced its position in shares of IAC Inc. (NASDAQ:IAC) by 20.1% in the third quarter, Holdings Channel reports. The fund owned 54,003 shares of the company’s stock after selling 13,593 shares during the quarter. Heritage Investors Management Corp’s holdings in IAC were worth $1,840,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of IAC. JPMorgan Chase & Co. raised its stake in IAC by 20.5% during the second quarter. JPMorgan Chase & Co. now owns 6,568,927 shares of the company’s stock valued at $245,284,000 after purchasing an additional 1,117,313 shares in the last quarter. Burgundy Asset Management Ltd. increased its holdings in shares of IAC by 73.8% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,517,797 shares of the company’s stock worth $94,015,000 after buying an additional 1,069,044 shares during the last quarter. Patient Capital Management LLC raised its position in shares of IAC by 21.2% during the 3rd quarter. Patient Capital Management LLC now owns 2,108,245 shares of the company’s stock valued at $71,828,000 after buying an additional 369,239 shares in the last quarter. Helikon Investments Ltd bought a new position in shares of IAC in the 2nd quarter valued at about $76,056,000. Finally, Norges Bank purchased a new position in IAC in the second quarter worth about $31,025,000. 88.90% of the stock is owned by hedge funds and other institutional investors.

IAC Stock Performance

IAC stock opened at $36.80 on Wednesday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.56 and a current ratio of 2.56. The company has a market capitalization of $2.64 billion, a PE ratio of -13.48 and a beta of 1.12. The company has a 50 day moving average price of $38.48 and a 200-day moving average price of $36.32. IAC Inc. has a fifty-two week low of $29.56 and a fifty-two week high of $50.49.

IAC (NASDAQ:IAC) last released its quarterly earnings data on Tuesday, February 3rd. The company reported ($0.99) EPS for the quarter, missing the consensus estimate of $0.67 by ($1.66). IAC had a negative return on equity of 4.61% and a negative net margin of 8.27%.The firm had revenue of $645.98 million for the quarter, compared to analysts’ expectations of $641.01 million. During the same quarter in the previous year, the business earned ($2.39) earnings per share. The company’s revenue for the quarter was down 34.7% compared to the same quarter last year. As a group, equities analysts forecast that IAC Inc. will post 0.43 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on IAC. Weiss Ratings restated a “sell (d-)” rating on shares of IAC in a research report on Thursday, January 22nd. Benchmark decreased their price target on IAC from $60.00 to $57.00 and set a “buy” rating on the stock in a report on Wednesday, November 5th. Jefferies Financial Group lifted their price objective on shares of IAC from $41.00 to $45.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Oppenheimer cut shares of IAC from an “outperform” rating to a “market perform” rating in a research report on Monday, December 15th. Finally, JPMorgan Chase & Co. raised their target price on shares of IAC from $43.00 to $46.00 and gave the stock an “overweight” rating in a report on Friday, December 12th. Ten research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, IAC has a consensus rating of “Moderate Buy” and a consensus price target of $46.67.

Key Stories Impacting IAC

Here are the key news stories impacting IAC this week:

• Positive Sentiment: Revenue slightly beat expectations — Q4 revenue was $645.98M vs. consensus ~$641M, which some outlets flagged as a sales beat that cushions the headline loss. IAC (NASDAQ:IAC) Beats Q4 CY2025 Sales Expectations
• Neutral Sentiment: The company posted its earnings release, slide deck and scheduled a conference call for additional color — investors can review management commentary for guidance on outlook and cost actions. IAC Earnings Release Available on Company’s Website
• Neutral Sentiment: Technical/context note: shares opened around $36.80, trading below the 50‑day moving average (~$38.48) but near the 200‑day (~$36.32), which could influence short‑term investor behavior.
• Negative Sentiment: EPS missed by a wide margin — reported loss of ($0.99) vs. analyst estimate of $0.67 (miss of $1.66). The company also showed a 34.7% YoY revenue decline, negative net margin and negative ROE; those profitability trends are the main driver of the stock weakness. IAC Q4 Press Release / Slide Deck
• Negative Sentiment: Analyst/watchlist implications — Q4 loss and weak margins may pressure near‑term estimates and sentiment despite the revenue beat; several earnings writeups highlight the miss on EPS as a concern for valuation and guidance. IAC Q4 Earnings Report: What Investors Need to Know

IAC Company Profile

IAC (NASDAQ: IAC) is a publicly traded holding company headquartered in New York City that builds and invests in consumer-focused internet businesses. Through its portfolio of digital media brands, online marketplaces and subscription services, IAC delivers content and connections across a range of verticals, including lifestyle, finance, home services and personal care. The company’s operations span North America and parts of Europe, where its brands reach millions of visitors each month.

In the digital publishing space, IAC’s Dotdash Meredith division develops original content and data‐driven journalism across more than a dozen specialty sites.