Match Group Inc. (NASDAQ:MTCH)’s share price rose 3.8% during mid-day trading on Friday . The stock traded as high as $15.44 and last traded at $15.29, with a volume of 1,216,052 shares changing hands. The stock had previously closed at $14.73.

MTCH has been the topic of several research reports. Oppenheimer Holdings Inc. reissued a “buy” rating and issued a $17.00 target price on shares of Match Group in a research report on Wednesday, May 4th. Axiom Securities reaffirmed a “buy” rating and set a $18.00 price target on shares of Match Group in a research report on Wednesday, May 4th. Deutsche Bank AG increased their price target on Match Group from $18.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, July 28th. Zacks Investment Research raised Match Group from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research report on Friday, July 15th. Finally, SunTrust Banks Inc. reaffirmed a “buy” rating and set a $18.00 price target (up from $15.00) on shares of Match Group in a research report on Friday, July 15th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $16.15.

The firm’s 50-day moving average price is $15.74 and its 200 day moving average price is $13.08. The company has a market cap of $4.00 billion and a PE ratio of 33.47.

Match Group (NASDAQ:MTCH) last announced its quarterly earnings results on Tuesday, July 26th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. The company earned $301.12 million during the quarter, compared to analysts’ expectations of $295.12 million. Match Group’s revenue was up 21.0% compared to the same quarter last year. On average, equities research analysts anticipate that Match Group Inc. will post $0.73 earnings per share for the current fiscal year.

In other Match Group news, insider Amarnath Thombre sold 122,802 shares of Match Group stock in a transaction on Friday, July 29th. The shares were sold at an average price of $15.38, for a total value of $1,888,694.76. Following the transaction, the insider now directly owns 122,802 shares in the company, valued at $1,888,694.76. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Vice Chairman Sam Yagan sold 200,000 shares of Match Group stock in a transaction on Friday, June 3rd. The shares were sold at an average price of $13.24, for a total transaction of $2,648,000.00. Following the completion of the transaction, the insider now owns 200,000 shares in the company, valued at $2,648,000. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have bought and sold shares of the stock. Cornerstone Capital Management Holdings LLC. acquired a new position in Match Group during the fourth quarter worth approximately $1,362,000. River Road Asset Management LLC acquired a new position in Match Group during the fourth quarter worth approximately $8,735,000. Jennison Associates LLC acquired a new position in Match Group during the fourth quarter worth approximately $13,954,000. Finally, RS Investment Management Co. LLC acquired a new position in Match Group during the fourth quarter worth approximately $15,810,000.

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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