Match Group Inc (NASDAQ:MTCH) General Counsel Jared F. Sine sold 13,764 shares of Match Group stock in a transaction dated Monday, February 11th. The shares were sold at an average price of $57.76, for a total transaction of $795,008.64. Following the completion of the sale, the general counsel now owns 28,789 shares in the company, valued at approximately $1,662,852.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

NASDAQ:MTCH opened at $57.63 on Thursday. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 1.93. The stock has a market capitalization of $15.74 billion, a PE ratio of 43.33, a price-to-earnings-growth ratio of 2.42 and a beta of 0.59. Match Group Inc has a twelve month low of $33.30 and a twelve month high of $60.95.

Match Group (NASDAQ:MTCH) last posted its quarterly earnings results on Wednesday, February 6th. The technology company reported $0.39 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.04. The firm had revenue of $457.00 million for the quarter, compared to the consensus estimate of $448.38 million. Match Group had a net margin of 27.48% and a return on equity of 66.86%. The company’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same period last year, the firm posted $0.29 earnings per share. On average, research analysts anticipate that Match Group Inc will post 1.52 earnings per share for the current year.

Several brokerages have recently issued reports on MTCH. Zacks Investment Research lowered shares of Match Group from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Deutsche Bank lowered shares of Match Group from a “buy” rating to a “hold” rating and dropped their target price for the company from $61.00 to $53.86 in a research report on Wednesday, February 6th. Nomura reiterated a “neutral” rating and issued a $48.00 target price (down previously from $55.00) on shares of Match Group in a research report on Friday, February 8th. BidaskClub upgraded shares of Match Group from a “buy” rating to a “strong-buy” rating in a research report on Friday, January 11th. Finally, SunTrust Banks began coverage on shares of Match Group in a research report on Tuesday, December 18th. They issued a “hold” rating and a $47.00 target price on the stock. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, six have issued a buy rating and three have given a strong buy rating to the stock. Match Group presently has a consensus rating of “Buy” and an average price target of $52.26.

Several large investors have recently bought and sold shares of the company. BOKF NA lifted its stake in shares of Match Group by 428.0% in the fourth quarter. BOKF NA now owns 106,558 shares of the technology company’s stock worth $4,557,000 after buying an additional 86,378 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Match Group by 11.1% in the fourth quarter. Geode Capital Management LLC now owns 565,699 shares of the technology company’s stock worth $24,194,000 after buying an additional 56,727 shares in the last quarter. Captrust Financial Advisors lifted its stake in shares of Match Group by 18.1% in the fourth quarter. Captrust Financial Advisors now owns 2,235 shares of the technology company’s stock worth $96,000 after buying an additional 343 shares in the last quarter. Neuburgh Advisers LLC purchased a new position in shares of Match Group in the fourth quarter worth about $82,000. Finally, California State Teachers Retirement System lifted its stake in shares of Match Group by 4.1% in the fourth quarter. California State Teachers Retirement System now owns 82,749 shares of the technology company’s stock worth $3,539,000 after buying an additional 3,245 shares in the last quarter. 23.27% of the stock is currently owned by hedge funds and other institutional investors.

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Match Group Company Profile

Match Group, Inc provides dating products. It operates a portfolio of brands, including Tinder, Match, PlentyOfFish, Meetic, OkCupid, OurTime, and Pairs. Match Group, Inc offers its dating products through its Websites and applications in 42 languages approximately in 190 countries. The company was incorporated in 2009 and is headquartered in Dallas, Texas.

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Insider Buying and Selling by Quarter for Match Group (NASDAQ:MTCH)

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