Assenagon Asset Management S.A. Invests $1.30 Million in Match Group Inc. $MTCH

Assenagon Asset Management S.A. bought a new stake in shares of Match Group Inc. (NASDAQ:MTCH) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 40,226 shares of the technology company’s stock, valued at approximately $1,299,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Fieldview Capital Management LLC acquired a new stake in shares of Match Group during the third quarter worth $1,803,000. CWM LLC boosted its position in shares of Match Group by 3,228.4% in the 3rd quarter. CWM LLC now owns 266,406 shares of the technology company’s stock valued at $9,409,000 after purchasing an additional 258,402 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in Match Group by 611.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 116,535 shares of the technology company’s stock worth $3,857,000 after purchasing an additional 100,163 shares in the last quarter. Picton Mahoney Asset Management purchased a new position in Match Group in the 3rd quarter worth about $1,863,000. Finally, GSA Capital Partners LLP raised its holdings in Match Group by 327.7% during the 3rd quarter. GSA Capital Partners LLP now owns 50,252 shares of the technology company’s stock worth $1,775,000 after buying an additional 38,502 shares during the period. 94.05% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $37.00 target price on shares of Match Group in a report on Wednesday, December 10th. Weiss Ratings restated a “hold (c)” rating on shares of Match Group in a research report on Thursday, January 22nd. UBS Group reaffirmed a “neutral” rating on shares of Match Group in a research note on Friday, March 13th. JPMorgan Chase & Co. lowered their price objective on shares of Match Group from $33.00 to $31.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 4th. Finally, Truist Financial cut their target price on shares of Match Group from $35.00 to $34.00 and set a “hold” rating on the stock in a research note on Wednesday, February 4th. Five investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $35.86.

Match Group Price Performance

Shares of MTCH opened at $30.71 on Wednesday. The company has a market capitalization of $7.14 billion, a price-to-earnings ratio of 12.90, a P/E/G ratio of 0.49 and a beta of 1.30. Match Group Inc. has a fifty-two week low of $26.39 and a fifty-two week high of $39.20. The business’s 50-day moving average is $30.97 and its 200-day moving average is $32.45.

Match Group (NASDAQ:MTCH) last posted its quarterly earnings results on Tuesday, February 3rd. The technology company reported $0.83 EPS for the quarter, missing the consensus estimate of $1.00 by ($0.17). The company had revenue of $878.01 million for the quarter, compared to analyst estimates of $872.86 million. Match Group had a negative return on equity of 289.29% and a net margin of 17.59%.The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.59 earnings per share. Equities research analysts expect that Match Group Inc. will post 2.44 earnings per share for the current fiscal year.

Match Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th will be issued a dividend of $0.20 per share. The ex-dividend date is Tuesday, April 7th. This represents a $0.80 annualized dividend and a dividend yield of 2.6%. This is an increase from Match Group’s previous quarterly dividend of $0.19. Match Group’s dividend payout ratio is presently 31.93%.

Key Match Group News

Here are the key news stories impacting Match Group this week:

• Positive Sentiment: Analyst/valuation bullishness — Recent commentary argues MTCH is materially undervalued given its high margins and stable cash flows, supporting upside for longer-term investors. Match Group Is Significantly Undervalued
• Neutral Sentiment: Macro market lift — Nasdaq/S&P strength and risk-on headlines helped tech names broadly, which likely helped MTCH trade higher alongside peers. Live Nasdaq Composite
• Neutral Sentiment: AI ecosystem commentary — industry pieces on AI adoption and cost models (and high-profile demos) keep technology sector narratives active but have mixed near-term revenue implications for consumer apps. Businesses Adapt AI Budgeting
• Negative Sentiment: FTC settlement over OkCupid data-sharing — Match Group reached a proposed settlement that bars misrepresentations about privacy practices and requires ongoing compliance certification after allegations it shared OkCupid user data with a facial‑recognition vendor. The filing does not include an admission of wrongdoing, but raises regulatory oversight, compliance costs and reputational risk. Match Group settles US FTC claims it illegally shared OkCupid user data
• Negative Sentiment: Earlier quarterly results remain a headwind — MTCH missed EPS estimates in its Feb quarter (reported $0.83 vs. $1.00 expected) despite slight revenue growth, leaving questions about near-term margin/operating leverage. This contributes to volatility around the shares alongside regulatory news.

Match Group Profile

Match Group, Inc (NASDAQ: MTCH) is a leading provider of online dating products and services. The company owns and operates a diverse portfolio of consumer brands that connect singles through digital platforms. Its flagship offerings include Match.com, Tinder, Hinge, OkCupid and PlentyOfFish, which together serve users looking for long-term relationships, casual encounters and social networking opportunities.

Originating with the launch of Match.com in 1995, Match Group has grown through a combination of organic development and strategic acquisitions.