IAC/InterActiveCorp (NASDAQ:IAC) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Tuesday.

According to Zacks, “IAC is a leading media and Internet company. It is organized into four segments: The Match Group, which consists of dating, education and fitness businesses with brands such as Match.com, OkCupid, Tinder, The Princeton Review and DailyBurn; Search & Applications, which includes brands such as About.com, Ask.com, Dictionary.com and Investopedia; Media, which consists of businesses such as Vimeo, Electus, The Daily Beast and CollegeHumor; and eCommerce, which includes HomeAdvisor and ShoeBuy. IAC’s brands and products are among the most recognized in the world reaching users in over 200 countries. The Company is headquartered in New York City and has offices worldwide. “

IAC has been the topic of several other reports. Guggenheim upgraded IAC/InterActiveCorp from a “neutral” rating to a “buy” rating and set a $120.00 target price on the stock in a research note on Friday, May 5th. UBS AG restated a “buy” rating and issued a $126.00 target price (up from $115.00) on shares of IAC/InterActiveCorp in a research note on Friday. Cowen and Company restated an “outperform” rating and issued a $90.00 target price on shares of IAC/InterActiveCorp in a research note on Monday, April 24th. Wells Fargo & Company restated a “buy” rating on shares of IAC/InterActiveCorp in a research note on Thursday, August 3rd. Finally, Jefferies Group LLC restated a “hold” rating and issued a $85.00 target price on shares of IAC/InterActiveCorp in a research note on Monday, April 10th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nineteen have issued a buy rating to the company’s stock. IAC/InterActiveCorp has a consensus rating of “Buy” and a consensus price target of $100.10.

IAC/InterActiveCorp (NASDAQ:IAC) traded down 0.05% on Tuesday, reaching $105.70. The company’s stock had a trading volume of 461,643 shares. The firm has a 50 day moving average of $104.54 and a 200 day moving average of $88.20. The firm has a market cap of $8.34 billion, a price-to-earnings ratio of 38.44 and a beta of 1.14. IAC/InterActiveCorp has a 12 month low of $56.41 and a 12 month high of $109.80.

IAC/InterActiveCorp (NASDAQ:IAC) last issued its earnings results on Wednesday, August 2nd. The company reported $0.74 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.50 by $0.24. The firm had revenue of $767.39 million for the quarter, compared to analyst estimates of $758.01 million. IAC/InterActiveCorp had a return on equity of 9.36% and a net margin of 7.66%. The business’s revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.42 earnings per share. Analysts anticipate that IAC/InterActiveCorp will post $3.06 earnings per share for the current year.

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A number of institutional investors have recently bought and sold shares of IAC. Creative Planning boosted its position in IAC/InterActiveCorp by 0.6% in the first quarter. Creative Planning now owns 1,687 shares of the company’s stock valued at $124,000 after buying an additional 10 shares during the last quarter. Comerica Bank boosted its position in IAC/InterActiveCorp by 0.7% in the first quarter. Comerica Bank now owns 3,269 shares of the company’s stock valued at $272,000 after buying an additional 23 shares during the last quarter. US Bancorp DE boosted its position in IAC/InterActiveCorp by 0.6% in the second quarter. US Bancorp DE now owns 5,261 shares of the company’s stock valued at $543,000 after buying an additional 30 shares during the last quarter. Howard Hughes Medical Institute boosted its position in IAC/InterActiveCorp by 0.7% in the first quarter. Howard Hughes Medical Institute now owns 6,862 shares of the company’s stock valued at $506,000 after buying an additional 50 shares during the last quarter. Finally, Greenwich Wealth Management LLC boosted its position in IAC/InterActiveCorp by 0.4% in the first quarter. Greenwich Wealth Management LLC now owns 20,350 shares of the company’s stock valued at $1,500,000 after buying an additional 77 shares during the last quarter. Institutional investors and hedge funds own 85.22% of the company’s stock.

IAC/InterActiveCorp Company Profile

IAC/InterActiveCorp (IAC) is a media and Internet company. The Company’s brands include HomeAdvisor, Vimeo, Dictionary.com and Match Group’s online dating portfolio, which includes Tinder, PlentyOfFish and OkCupid. Its segments include Match Group, HomeAdvisor, Video, Applications and Publishing. Match Group includes the dating and non-dating businesses of Match Group, Inc HomeAdvisor is a home services digital marketplace that helps connect consumers with home professionals in North America, as well as in France, the Netherlands and Italy under various brands.

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Analyst Recommendations for IAC/InterActiveCorp (NASDAQ:IAC)

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