IAC has been the subject of a number of other research reports. Wells Fargo restated a buy rating and set a $185.00 price target on shares of IAC in a research note on Friday, March 9th. Zacks Investment Research upgraded shares of IAC from a strong sell rating to a hold rating in a research note on Wednesday, January 10th. Credit Suisse Group reiterated a buy rating and issued a $151.00 target price on shares of IAC in a research note on Tuesday, January 9th. Jefferies Group upped their target price on shares of IAC to $180.00 and gave the stock a buy rating in a research note on Wednesday, March 7th. Finally, BidaskClub upgraded shares of IAC from a buy rating to a strong-buy rating in a research note on Saturday, February 3rd. Two research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have issued a strong buy rating to the stock. The stock presently has an average rating of Buy and an average price target of $166.38.
Shares of IAC stock opened at $156.65 on Wednesday. The firm has a market cap of $12,999.62, a price-to-earnings ratio of 203.44, a price-to-earnings-growth ratio of 4.80 and a beta of 1.23. The company has a debt-to-equity ratio of 0.67, a current ratio of 2.66 and a quick ratio of 2.66. IAC has a 12 month low of $74.60 and a 12 month high of $166.64.
Institutional investors and hedge funds have recently bought and sold shares of the stock. American International Group Inc. bought a new position in IAC during the fourth quarter valued at about $202,000. Yakira Capital Management Inc. grew its position in IAC by 64.6% during the fourth quarter. Yakira Capital Management Inc. now owns 36,432 shares of the company’s stock valued at $4,455,000 after buying an additional 14,296 shares during the period. First Manhattan Co. grew its position in IAC by 0.7% during the fourth quarter. First Manhattan Co. now owns 618,786 shares of the company’s stock valued at $75,665,000 after buying an additional 4,331 shares during the period. Toronto Dominion Bank grew its position in IAC by 353.3% during the fourth quarter. Toronto Dominion Bank now owns 5,431 shares of the company’s stock valued at $664,000 after buying an additional 4,233 shares during the period. Finally, Sei Investments Co. grew its position in IAC by 104.7% during the fourth quarter. Sei Investments Co. now owns 39,988 shares of the company’s stock valued at $4,889,000 after buying an additional 20,455 shares during the period. Institutional investors own 86.88% of the company’s stock.
IAC Company Profile
IAC/InterActiveCorp, together with its subsidiaries, operates as a media and Internet company in the United States and internationally. It operates through Match Group, ANGI Homeservices, Video, Applications, and Publishing segments. The Match Group segment provides subscription dating products, which enable users to establish a profile and review the profiles of other users in 42 languages.
Receive News & Ratings for IAC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for IAC and related companies with MarketBeat.com's FREE daily email newsletter.