Natixis Advisors LLC Has $507,000 Stock Holdings in Match Group, Inc. (NASDAQ:MTCH)

Natixis Advisors LLC decreased its position in shares of Match Group, Inc. (NASDAQ:MTCH) by 20.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,396 shares of the technology company’s stock after selling 3,406 shares during the period. Natixis Advisors LLC’s holdings in Match Group were worth $507,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Pacer Advisors Inc. boosted its position in shares of Match Group by 88.5% during the 2nd quarter. Pacer Advisors Inc. now owns 6,263,311 shares of the technology company’s stock worth $190,279,000 after acquiring an additional 2,940,667 shares in the last quarter. Assenagon Asset Management S.A. acquired a new stake in Match Group in the second quarter valued at approximately $100,848,000. Bank of New York Mellon Corp boosted its position in Match Group by 0.5% in the second quarter. Bank of New York Mellon Corp now owns 2,545,805 shares of the technology company’s stock valued at $77,342,000 after buying an additional 12,379 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Match Group by 75.5% in the second quarter. Dimensional Fund Advisors LP now owns 2,271,787 shares of the technology company’s stock valued at $69,018,000 after buying an additional 977,090 shares in the last quarter. Finally, Empower Advisory Group LLC boosted its position in Match Group by 8.3% in the third quarter. Empower Advisory Group LLC now owns 2,064,079 shares of the technology company’s stock valued at $78,105,000 after buying an additional 159,022 shares in the last quarter. Institutional investors and hedge funds own 94.05% of the company’s stock.

Insider Transactions at Match Group

In other news, Director Stephen Bailey sold 801 shares of the company’s stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $31.61, for a total value of $25,319.61. Following the completion of the sale, the director now owns 12,398 shares in the company, valued at $391,900.78. This represents a 6.07 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.77% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Hsbc Global Res upgraded shares of Match Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 5th. Citigroup lifted their target price on shares of Match Group from $33.00 to $39.00 and gave the stock a “neutral” rating in a research note on Thursday, August 1st. Morgan Stanley lowered their target price on shares of Match Group from $36.00 to $33.00 and set an “equal weight” rating for the company in a research note on Tuesday, November 12th. The Goldman Sachs Group lifted their target price on shares of Match Group from $39.00 to $45.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Finally, TD Cowen lifted their target price on shares of Match Group from $44.00 to $46.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Nine investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $40.73.

Match Group Trading Down 0.5 %

NASDAQ:MTCH opened at $32.51 on Friday. The stock has a market capitalization of $8.16 billion, a price-to-earnings ratio of 14.51, a PEG ratio of 0.90 and a beta of 1.51. The firm has a fifty day simple moving average of $35.41 and a two-hundred day simple moving average of $33.97. Match Group, Inc. has a 12 month low of $27.66 and a 12 month high of $42.42.

Match Group Company Profile

Match Group, Inc engages in the provision of dating products. Its portfolio of brands includes Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, Azar, BLK, and Hakuna, as well as a various other brands, each built to increase users' likelihood of connecting with others. Its services are available in over 40 languages to users worldwide.