IAC/InterActiveCorp (NASDAQ:IAC) EVP Gregg Winiarski sold 62,253 shares of the company’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $127.19, for a total transaction of $7,917,959.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
IAC/InterActiveCorp (NASDAQ IAC) opened at $131.80 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.07 and a current ratio of 2.07. IAC/InterActiveCorp has a 12 month low of $66.35 and a 12 month high of $137.86. The firm has a market cap of $10,810.00, a price-to-earnings ratio of 29.55, a PEG ratio of 4.14 and a beta of 1.09.
IAC/InterActiveCorp (NASDAQ:IAC) last posted its quarterly earnings results on Wednesday, November 8th. The company reported $0.55 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.69 by ($0.14). IAC/InterActiveCorp had a return on equity of 4.26% and a net margin of 11.81%. The company had revenue of $828.40 million for the quarter, compared to analyst estimates of $810.36 million. During the same period last year, the company earned $0.73 earnings per share. The business’s revenue for the quarter was up 8.4% compared to the same quarter last year. research analysts predict that IAC/InterActiveCorp will post 0.55 earnings per share for the current year.
IAC has been the topic of several recent research reports. Zacks Investment Research raised shares of IAC/InterActiveCorp from a “hold” rating to a “buy” rating and set a $140.00 price objective on the stock in a research note on Monday, October 23rd. Goldman Sachs Group reissued a “buy” rating and issued a $150.00 price objective on shares of IAC/InterActiveCorp in a research note on Wednesday, October 11th. Wells Fargo & Co reissued a “buy” rating and issued a $150.00 price objective (up from $125.00) on shares of IAC/InterActiveCorp in a research note on Thursday, October 19th. Barclays boosted their price objective on shares of IAC/InterActiveCorp from $130.00 to $150.00 and gave the company an “overweight” rating in a research note on Monday, October 23rd. Finally, BidaskClub cut shares of IAC/InterActiveCorp from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 21st. Two analysts have rated the stock with a sell rating, two have issued a hold rating and nineteen have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $142.76.
IAC/InterActiveCorp Company Profile
IAC/InterActiveCorp (IAC) is a media and Internet company. The Company’s brands include HomeAdvisor, Vimeo, Dictionary.com and Match Group’s online dating portfolio, which includes Tinder, PlentyOfFish and OkCupid. Its segments include Match Group, HomeAdvisor, Video, Applications and Publishing. Match Group includes the dating and non-dating businesses of Match Group, Inc HomeAdvisor is a home services digital marketplace that helps connect consumers with home professionals in North America, as well as in France, the Netherlands and Italy under various brands.
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