MediaAlpha (NYSE:MAX) Insider Sells $95,040.00 in Stock

MediaAlpha, Inc. (NYSE:MAX) insider Steven Yi sold 8,000 shares of the firm’s stock in a transaction dated Monday, November 24th. The stock was sold at an average price of $11.88, for a total value of $95,040.00. Following the sale, the insider directly owned 2,967,330 shares of the company’s stock, valued at $35,251,880.40. The trade was a 0.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Steven Yi also recently made the following trade(s):

• On Wednesday, November 26th, Steven Yi sold 8,000 shares of MediaAlpha stock. The shares were sold at an average price of $12.48, for a total transaction of $99,840.00.
• On Wednesday, November 19th, Steven Yi sold 8,000 shares of MediaAlpha stock. The shares were sold at an average price of $11.72, for a total transaction of $93,760.00.
• On Monday, November 17th, Steven Yi sold 8,000 shares of MediaAlpha stock. The shares were sold at an average price of $12.31, for a total transaction of $98,480.00.

MediaAlpha Stock Performance

MediaAlpha stock opened at $12.76 on Friday. The company’s 50 day simple moving average is $11.86 and its 200-day simple moving average is $11.16. MediaAlpha, Inc. has a 1 year low of $7.33 and a 1 year high of $13.85. The company has a market capitalization of $831.57 million, a price-to-earnings ratio of -425.19 and a beta of 1.21.

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

Wall Street Analyst Weigh In

MAX has been the topic of several research reports. Wall Street Zen raised MediaAlpha from a “hold” rating to a “strong-buy” rating in a research note on Saturday, November 1st. The Goldman Sachs Group set a $13.50 price target on shares of MediaAlpha in a research report on Friday, October 31st. Keefe, Bruyette & Woods lifted their price objective on shares of MediaAlpha from $18.00 to $19.00 and gave the company an “outperform” rating in a report on Thursday, October 30th. Canaccord Genuity Group reiterated a “buy” rating and set a $15.00 target price on shares of MediaAlpha in a report on Thursday, October 30th. Finally, JPMorgan Chase & Co. raised their price target on shares of MediaAlpha from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, MediaAlpha has an average rating of “Moderate Buy” and a consensus price target of $17.25.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in MAX. Quarry LP increased its position in shares of MediaAlpha by 43.3% in the 3rd quarter. Quarry LP now owns 4,087 shares of the company’s stock valued at $47,000 after purchasing an additional 1,234 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in MediaAlpha by 28.0% in the second quarter. Tower Research Capital LLC TRC now owns 5,551 shares of the company’s stock valued at $61,000 after buying an additional 1,213 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in MediaAlpha in the second quarter valued at $62,000. Semanteon Capital Management LP acquired a new stake in MediaAlpha in the second quarter valued at $110,000. Finally, Pallas Capital Advisors LLC purchased a new stake in MediaAlpha during the 2nd quarter worth about $111,000. Hedge funds and other institutional investors own 64.39% of the company’s stock.

MediaAlpha Company 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.