Darrell Cavens Acquires Shares in Match Group, Inc.
Cavens purchased 6,845 shares of Match Group as the stock trades at $35.31.
Key Points
- Darrell Cavens bought 6,845 shares of Match Group, Inc. on June 16, 2026.
- Match Group, Inc. trades on the NasdaqGS with a market cap of $8.24 billion and a P/E ratio of 13.48.
- Analysts from RBC Capital and Barclays maintain a 'buy' rating, with target prices of $42 and $51 respectively.
Darrell Cavens recently acquired 6,845 shares of Match Group, Inc. (NasdaqGS: MTCH) on June 16, 2026. This insider purchase did not have an associated purchase price disclosed, but it comes as the stock is trading at $35.31.
Insider Buying and Selling at Match Group, Inc.
On June 16, 2026, Darrell Cavens bought 6,845 shares of Match Group, Inc. This purchase was not part of a pre-planned trading program. Other insiders, including Melissa Anne Brenner and Thomas McInerney, were also active, with Brenner selling shares and McInerney purchasing 8,444 shares.
Match Group, Inc. Stock Snapshot
Shares of Match Group, Inc. are currently trading near $35.31. The company has a market cap of approximately $8.24 billion and a P/E ratio of 13.48. Its forward P/E is even lower at 8.33. The stock's beta is 1.319, indicating it is slightly more volatile than the market. Over the past 52 weeks, the stock has ranged from a low of $28.81 to a high of $39.20. The 50-day moving average is $35.61, while the 200-day moving average is $33.48.
Analysts Set New Price Targets
On May 6, 2026, several analysts maintained their ratings for Match Group, Inc. RBC Capital and Barclays both maintained a 'buy' rating, setting price targets at $42 and $51, respectively. Other firms like UBS, Citigroup, and Wells Fargo maintained 'hold' ratings with targets around $38 to $39. The consensus among analysts is a 'buy' recommendation, with a mean target price of $41.06 based on 17 opinions.
About Match Group, Inc.
Match Group, Inc. is a company based in Dallas, Texas, that provides digital technologies primarily in the online dating space. It operates through various segments, including Tinder, Hinge, and Match Group Asia, offering a portfolio of brands like Tinder, Hinge, and OkCupid. Led by CEO Mr. Spencer M. Rascoff, the company employs around 2,200 people and focuses on connecting users through its diverse platforms.
Bottom Line
Darrell Cavens' recent purchase of Match Group shares highlights ongoing interest in the company from insiders. Match Group remains a significant player in the online dating industry with a diverse portfolio of brands. Investors and analysts continue to monitor its performance, with several analysts maintaining 'buy' ratings and setting optimistic price targets. As always, it's important to remember that insider transactions are just one piece of the puzzle when evaluating a stock.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
