The price of Match Group Inc (NASDAQ:MTCH) shares last traded on Wall Street fell -2.31% to $30.49.
MTCH stock price is now -7.11% away from the 50-day moving average and -9.85% away from the 200-day moving average. The market capitalization of the company currently stands at $7.64B.
On February 06, 2025, Evercore ISI Downgraded its previous ‘Outperform’ rating to ‘In-line’ on the stock increasing its target price from $35 to quote $35, while ‘BTIG Research’ rates the stock as ‘Neutral’
In other news, Swidler Gary, President sold 242,209 shares of the company’s stock on Mar 07 ’25. The stock was sold for $7,960,086 at an average price of $32.86. Upon completion of the transaction, the President now directly owns 1,690 shares in the company, valued at $51528.1. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 07 ’25, Officer Gary Swidler bought 215,731 shares of the business’s stock. A total of $6,758,852 was incurred on buying the stock at an average price of $31.33. A total of 0.63% of the company’s stock is owned by insiders.
During the past 12 months, Match Group Inc has had a low of $27.66 and a high of $38.84. According to the stock market information, the enterprise value for the company is $10617637888, which is based on a 15.06 price-to-earnings ratio, a 0.99 price-to-earnings-growth ratio, and a beta of 1.41. The fifty day moving average price for MTCH is $32.8235 and a two-hundred day moving average price translates $33.82195 for the stock.
The latest earnings results from Match Group Inc (NASDAQ: MTCH) was released for 2024-12-31. The company reported revenue of $860.18 million for the quarter, compared to $866.23 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.7 percent.
