The stock of Match Group Inc (NASDAQ:MTCH) last traded at $30.72, up 1.76% from the previous session.
MTCH stock price is now -7.52% away from the 50-day moving average and -9.00% away from the 200-day moving average. The market capitalization of the company currently stands at $7.69B.
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On February 06, 2025, Evercore ISI Downgraded its previous ‘Outperform’ rating to ‘In-line’ on the stock increasing its target price from $35 to quote $35, while ‘BTIG Research’ rates the stock as ‘Neutral’
In other news, Schiffman Glenn, Director bought 3,000 shares of the company’s stock on Feb 06 ’25. The stock was bought for $103,410 at an average price of $34.47. Upon completion of the transaction, the Director now directly owns 33,827 shares in the company, valued at $1.04 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 06 ’25, Chief Executive Officer Rascoff Spencer M bought 59,560 shares of the business’s stock. A total of $2,049,704 was incurred on buying the stock at an average price of $34.41. This leaves the insider owning 59,560 shares of the company worth $1.83 million. A total of 0.71% of the company’s stock is owned by insiders.
During the past 12 months, Match Group Inc has had a low of $27.66 and a high of $38.84.
The company reported revenue of $860.18 million for the quarter, compared to $866.23 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.7 percent.
