Shares of IAC/InterActiveCorp (NASDAQ:IAC) have been given an average rating of “Buy” by the twenty-two analysts that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, eighteen have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $141.83.

Several brokerages have commented on IAC. Zacks Investment Research downgraded IAC/InterActiveCorp from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 15th. Susquehanna Bancshares Inc restated a “positive” rating and issued a $140.00 target price (up previously from $114.00) on shares of IAC/InterActiveCorp in a research note on Wednesday, August 9th. Jefferies Group LLC restated a “buy” rating and issued a $135.00 target price (up previously from $120.00) on shares of IAC/InterActiveCorp in a research note on Wednesday, August 9th. Needham & Company LLC restated a “buy” rating and issued a $130.00 target price (up previously from $110.00) on shares of IAC/InterActiveCorp in a research note on Wednesday, August 9th. Finally, Aegis restated a “buy” rating and issued a $125.00 target price (up previously from $115.00) on shares of IAC/InterActiveCorp in a research note on Tuesday, August 15th.

In other IAC/InterActiveCorp news, CEO Joseph Levin sold 78,500 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $128.83, for a total value of $10,113,155.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 10.60% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Raymond James Financial Services Advisors Inc. raised its holdings in shares of IAC/InterActiveCorp by 0.4% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 6,676 shares of the company’s stock valued at $689,000 after buying an additional 25 shares in the last quarter. US Bancorp DE raised its holdings in shares of IAC/InterActiveCorp by 0.6% during the 2nd quarter. US Bancorp DE now owns 5,261 shares of the company’s stock valued at $543,000 after buying an additional 30 shares in the last quarter. Dynamic Technology Lab Private Ltd raised its holdings in shares of IAC/InterActiveCorp by 1.9% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 5,620 shares of the company’s stock valued at $581,000 after buying an additional 104 shares in the last quarter. Keybank National Association OH raised its holdings in shares of IAC/InterActiveCorp by 1.7% during the 2nd quarter. Keybank National Association OH now owns 8,987 shares of the company’s stock valued at $928,000 after buying an additional 150 shares in the last quarter. Finally, Voya Investment Management LLC raised its holdings in shares of IAC/InterActiveCorp by 0.6% during the 2nd quarter. Voya Investment Management LLC now owns 26,908 shares of the company’s stock valued at $2,778,000 after buying an additional 150 shares in the last quarter. 86.24% of the stock is currently owned by institutional investors.

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Shares of IAC/InterActiveCorp (IAC) traded up $1.61 during midday trading on Monday, reaching $130.93. The company’s stock had a trading volume of 553,300 shares, compared to its average volume of 748,082. IAC/InterActiveCorp has a fifty-two week low of $64.50 and a fifty-two week high of $137.86. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.57. The company has a market cap of $10,602.17, a P/E ratio of 103.46, a P/E/G ratio of 28.47 and a beta of 1.12.

IAC/InterActiveCorp (NASDAQ:IAC) last issued its earnings results on Wednesday, November 8th. The company reported $0.55 EPS for the quarter, missing the 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 during the quarter, compared to the consensus estimate of $810.36 million. During the same quarter in the prior year, the business earned $0.73 EPS. The firm’s revenue for the quarter was up 8.4% compared to the same quarter last year. equities research analysts predict that IAC/InterActiveCorp will post 0.55 EPS for the current fiscal year.

About IAC/InterActiveCorp

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.

Analyst Recommendations for IAC/InterActiveCorp (NASDAQ:IAC)

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