News stories about Lendingtree (NASDAQ:TREE) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lendingtree earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 46.3772245034478 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

Lendingtree (TREE) opened at $352.55 on Thursday. The company has a current ratio of 3.86, a quick ratio of 3.86 and a debt-to-equity ratio of 0.78. Lendingtree has a fifty-two week low of $111.88 and a fifty-two week high of $404.40. The stock has a market cap of $4,075.38, a P/E ratio of 154.63, a price-to-earnings-growth ratio of 1.84 and a beta of 1.63.

A number of research analysts recently issued reports on TREE shares. Bank of America reiterated a “buy” rating and issued a $425.00 price objective on shares of Lendingtree in a report on Tuesday, January 23rd. Needham & Company LLC reiterated a “buy” rating and issued a $300.00 price objective (up previously from $250.00) on shares of Lendingtree in a report on Thursday, October 26th. SunTrust Banks initiated coverage on shares of Lendingtree in a report on Tuesday, January 23rd. They issued a “hold” rating for the company. BWS Financial lowered shares of Lendingtree from a “buy” rating to a “sell” rating and set a $194.00 price target for the company. in a report on Thursday, October 12th. Finally, Guggenheim set a $360.00 price target on shares of Lendingtree and gave the stock a “buy” rating in a report on Thursday, December 14th. One research analyst has rated the stock with a sell rating, two have given a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $288.85.

In other news, CEO Douglas R. Lebda sold 8,000 shares of Lendingtree stock in a transaction on Thursday, December 27th. The shares were sold at an average price of $338.81, for a total value of $2,710,480.00. Following the completion of the sale, the chief executive officer now owns 379,327 shares in the company, valued at approximately $128,519,780.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Neil Salvage sold 2,000 shares of Lendingtree stock in a transaction on Tuesday, November 14th. The shares were sold at an average price of $269.80, for a total transaction of $539,600.00. Following the completion of the sale, the president now owns 8,025 shares of the company’s stock, valued at approximately $2,165,145. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 86,414 shares of company stock valued at $26,760,030. Company insiders own 21.90% of the company’s stock.

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About Lendingtree

LendingTree, Inc (LendingTree) is engaged in operating an online loan marketplace for consumers seeking loans and other credit-based offerings. The Company’s online marketplace provides consumers with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity loans and lines of credit, reverse mortgage loans, auto loans, credit cards, personal loans, student loans, small business loans and other related offerings.

Insider Buying and Selling by Quarter for Lendingtree (NASDAQ:TREE)

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