Today, the EVP and GC of IAC/InterActiveCorp (IAC), Gregg Winiarski, bought shares of IAC for $8.01M.
This recent transaction increases Gregg Winiarski’s holding in the company by 558.36% to a total of $7.93 million. Following Gregg Winiarski’s last IAC Buy transaction on January 03, 2018, the stock climbed by 120.3%.
See today’s analyst top recommended stocks >>
Based on IAC/InterActiveCorp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.19 billion and quarterly net profit of $113 million. In comparison, last year the company earned revenue of $1.06 billion and had a net profit of $218 million. The company has a one-year high of $268.72 and a one-year low of $158.29. Currently, IAC/InterActiveCorp has an average volume of 737.57K.
Starting in May 2019, IAC received 17 Buy ratings in a row. 13 different firms, including Barclays and BMO Capital, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $49.16M worth of IAC shares and purchased $9.46M worth of IAC shares. The insider sentiment on IAC/InterActiveCorp has been neutral according to 55 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
Company insider trades’ information is brought to you by the DailyInsider, a proprietary algorithm that analyzes insider trading activity to detect the most attractive trading opportunities. To subscribe to the DailyInsider visit this page.
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, Vimeo, Dotdash, Applications and Emerging & Other. The Match Group segment provides dating products, operating a portfolio of several brands, including Match, Tinder, PlentyOfFish, and OkCupid.
