Somewhat Positive Media Coverage Somewhat Unlikely to Affect Lendingtree (TREE) Share Price
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:
- rateGenius Awarded Top 3 in Auto Customer Satisfaction by LendingTree for 7th Consecutive Quarter (bizjournals.com)
- LendingTree Releases Monthly Mortgage Offer Report for January (finance.yahoo.com)
- CVS PAC Is One of the Largest Donors to Trump’s Campaign (golocalprov.com)
- Zacks: Analysts Anticipate Lendingtree Inc (TREE) Will Announce Quarterly Sales of $150.42 Million (americanbankingnews.com)
- Feb 02, 2018 – Teton Advisors, Inc. Buys Schmitt Industries Inc … – GuruFocus.com (gurufocus.com)
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.
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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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.
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