Match Group Inc. (NASDAQ:MTCH) was down 2% on Thursday . The company traded as low as $14.28 and last traded at $14.81, with a volume of 1,726,973 shares changing hands. The stock had previously closed at $15.11.

A number of equities research analysts have weighed in on MTCH shares. Zacks Investment Research downgraded shares of Match Group from a “buy” rating to a “hold” rating in a report on Thursday, April 7th. Axiom Securities reissued a “buy” rating and issued a $18.00 price target on shares of Match Group in a report on Tuesday, April 19th. Oppenheimer Holdings Inc. reissued a “buy” rating and issued a $17.00 price target on shares of Match Group in a report on Wednesday, May 4th. Susquehanna reissued a “neutral” rating and issued a $13.00 price target (up from $11.00) on shares of Match Group in a report on Friday, May 6th. Finally, SunTrust Banks Inc. started coverage on shares of Match Group in a report on Wednesday, March 23rd. They issued a “buy” rating for the company. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $14.92.

The firm has a market cap of $3.69 billion and a P/E ratio of 30.66. The firm’s 50-day moving average price is $14.41 and its 200 day moving average price is $12.47.

Match Group (NASDAQ:MTCH) last announced its earnings results on Tuesday, May 3rd. The company reported $0.11 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.03. The business earned $285.30 million during the quarter, compared to analyst estimates of $281.92 million. The business’s revenue was up 21.4% compared to the same quarter last year. Analysts forecast that Match Group Inc. will post $0.74 earnings per share for the current fiscal year.

In related news, Vice Chairman Sam Yagan sold 200,000 shares of Match Group stock in a transaction dated Friday, June 3rd. The stock was sold at an average price of $13.24, for a total value of $2,648,000.00. Following the completion of the sale, the insider now directly owns 200,000 shares in the company, valued at $2,648,000. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

A number of hedge funds have recently made changes to their positions in the company. Jennison Associates LLC purchased a new stake in shares of Match Group during the fourth quarter worth approximately $13,954,000. J. Goldman & Co LP purchased a new stake in shares of Match Group during the fourth quarter worth approximately $1,008,000. Schroder Investment Management Group purchased a new stake in shares of Match Group during the fourth quarter worth approximately $15,585,000. Cornerstone Capital Management Holdings LLC. purchased a new stake in shares of Match Group during the fourth quarter worth approximately $1,362,000. Finally, Morgan Stanley purchased a new stake in shares of Match Group during the fourth quarter worth approximately $1,720,000.

Match Group, Inc is a provider of dating products. The Company operates in two segments: Dating and Non-dating. Its Dating segment provides dating products and the Company’s Non-dating segment provides various education services, including test preparation, academic tutoring and college counseling services.

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