Match Group Inc. (NASDAQ:MTCH)’s share price was down 2% during trading on Wednesday . The company traded as low as $16.40 and last traded at $16.59, with a volume of 921,491 shares trading hands. The stock had previously closed at $16.93.

A number of equities analysts recently commented on MTCH shares. Zacks Investment Research raised Match Group from a “hold” rating to a “buy” rating and set a $18.00 price target for the company in a research note on Friday, July 15th. SunTrust Banks Inc. reissued a “buy” rating and set a $18.00 price target (up from $15.00) on shares of Match Group in a research note on Friday, July 15th. Axiom Securities reissued a “buy” rating and set a $18.00 price target on shares of Match Group in a research note on Tuesday, April 19th. Oppenheimer Holdings Inc. reissued a “buy” rating and set a $17.00 price target on shares of Match Group in a research note on Wednesday, May 4th. Finally, JPMorgan Chase & Co. reissued a “hold” rating on shares of Match Group in a research note on Thursday, May 5th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $15.62.

The firm has a market capitalization of $4.07 billion and a PE ratio of 33.87. The stock has a 50 day moving average price of $14.93 and a 200 day moving average price of $12.63.

Match Group (NASDAQ:MTCH) last announced its quarterly earnings data on Tuesday, May 3rd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.03. The company earned $285.30 million during the quarter, compared to analyst estimates of $281.92 million. The company’s quarterly revenue was up 21.4% compared to the same quarter last year. On average, equities research analysts anticipate that Match Group Inc. will post $0.76 earnings per share for the current fiscal year.

In other news, Vice Chairman Sam Yagan sold 200,000 shares of the stock in a transaction on 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 sale, the insider now directly owns 200,000 shares in the company, valued at $2,648,000. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

A number of institutional investors have bought and sold shares of the stock. Schroder Investment Management Group acquired a new position in Match Group during the fourth quarter valued at approximately $15,585,000. Morgan Stanley acquired a new position in Match Group during the fourth quarter valued at approximately $1,720,000. TD Asset Management Inc. acquired a new position in Match Group during the fourth quarter valued at approximately $1,316,000. J. Goldman & Co LP acquired a new position in Match Group during the fourth quarter valued at approximately $1,008,000. Finally, Cornerstone Capital Management Holdings LLC. acquired a new position in Match Group during the fourth quarter valued at approximately $1,362,000.

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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