.jpg "IAC/InterActiveCorp (NASDAQ: IAC)")
In a report released yesterday, Ross Sandler from Barclays maintained a Buy rating on IAC/InterActiveCorp (NASDAQ: IAC), with a price target of $195. The company’s shares closed yesterday at $142.46.
According to TipRanks.com, Sandler is a 4-star analyst with an average return of 7.0% and a 61.2% success rate. Sandler covers the Technology sector, focusing on stocks such as Match Group Inc, Facebook Inc, and Alphabet Inc.
Currently, the analyst consensus on IAC/InterActiveCorp is Strong Buy and the average price target is $192.15, representing a 34.9% upside.
In a report issued on May 2, Benchmark Co. also maintained a Buy rating on the stock with a $176 price target.
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IAC/InterActiveCorp’s market cap is currently $11.77B and has a P/E ratio of 45.23. The company has a Price to Book ratio of 4.84.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. Most recently, in February 2018, Michael Schwerdtman, the SVP & Controller of IAC sold 30,000 shares for a total of $4,237,609.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
IAC/InterActiveCorp. engages in the provision of media and Internet services. It operates through the following business segments: Match Group, ANGI Homeservices, Video, Applications, Publishing, and Other. The Match Group segment provides dating products, operating a portfolio of several brands, including Match, Tinder, PlentyOfFish, and OkCupid.
