Glenn Schiffman Sells Shares of Match Group
Glenn Schiffman sold 8,250 shares of Match Group on June 16, 2026.
Key Points
- On June 16, 2026, Glenn Schiffman sold 8,250 shares of Match Group, Inc. (MTCH) with an unplanned transaction.
- Match Group's stock is trading at about $35.31, with a market cap of $8.24 billion and a P/E ratio of 13.48.
- Analysts maintain a 'buy' consensus with a target mean price of $41.06.
On June 16, 2026, Glenn Schiffman sold 8,250 shares of Match Group, Inc. (NasdaqGS: MTCH). This transaction was not part of a pre-planned sale program, and no price or total value was disclosed.
Insider Buying and Selling at Match Group, Inc.
Several insiders at Match Group engaged in transactions on June 16, 2026. Kelly Campbell Kotzman, Melissa Anne Brenner, and Darrell Cavens each sold 8,250 shares. Additionally, Melissa Anne Brenner bought 6,845 shares, and Thomas McInerney acquired 8,444 shares, all outside planned sales.
Other Institutional Activity in Match Group
BlackRock, Inc. grew its holdings by 11,613,073 shares, ending with 28,766,128 shares worth about $883.41 million. Vanguard Portfolio Management LLC added 14,730,997 shares, reaching a total of 14,730,997 shares valued at $452.39 million. Ameriprise Financial Inc increased its position by 2,259,643 shares to 13,271,330 shares, valued at $407.56 million. Starboard Value LP maintained its stake at 11,395,379 shares, worth approximately $349.95 million.
Match Group Stock Snapshot
Shares of Match Group (NasdaqGS: MTCH) traded near $35.31. The company has a market cap of $8.24 billion, a P/E ratio of 13.48, and a forward P/E of 8.33. Match Group's stock has ranged between $28.81 and $39.20 over the past 52 weeks. Its 50-day moving average is $35.61, and the 200-day moving average is $33.48. The company shows a current ratio of 1.57 and a quick ratio of 1.45.
Recent Earnings
Match Group reported revenue of $3.52 billion with a growth rate of 3.9%. The net margin stands at 18.83%, supported by earnings per share of $2.62. The company is set to report its next earnings on August 4, 2026.
Analysts Set New Price Targets
On May 6, 2026, UBS maintained a 'hold' rating with a $38.00 price target. TD Cowen reiterated a 'buy' rating, setting a target at $46.00. Citigroup and Morgan Stanley both maintained 'hold' ratings with targets of $39.00 and $38.00, respectively. RBC Capital and Barclays also upheld 'buy' ratings, with targets of $42.00 and $51.00. The consensus recommendation is a 'buy' with a target mean price of $41.06.
About Match Group
Match Group, Inc. provides digital technologies through brands like Tinder, Hinge, and Match. It operates globally with headquarters in Dallas, Texas, and employs around 2,200 people. The company, led by CEO Spencer M. Rascoff, focuses on connecting users through its diverse portfolio of dating apps.
Bottom Line
Insider sales like Glenn Schiffman's offer a glimpse into the internal dynamics at Match Group. While such transactions can be routine, they are closely watched by investors. Match Group continues to show solid fundamentals with a robust portfolio of brands and a strong market position. Analyst ratings reflect confidence in the company's future growth potential.
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.