Match Group Inc’s recently made public that its Director Bailey Stephen unloaded Company’s shares for reported $25320.0 on Nov 22 ’24. In the deal valued at $31.61 per share,801 shares were sold. As a result of this transaction, Bailey Stephen now holds 12,398 shares worth roughly $0.42 million.
Then, Sine Jared F. sold 500 shares, generating $18,025 in total proceeds. Upon selling the shares at $36.05, the Chief Bus. Affairs & Leg. Off. now owns 54,009 shares.
HSBC Securities downgraded its Match Group Inc [MTCH] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in early February from “an Outperform” to “an In-line”. BTIG Research also remained covering MTCH and has decreased its forecast on January 14, 2025 with a “Neutral” recommendation from previously “Buy” rating. JP Morgan revised its rating on December 18, 2024. It rated MTCH as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of MTCH
On Friday, Match Group Inc [NASDAQ:MTCH] saw its stock fall -2.28% to $33.80. Over the last five days, the stock has lost -5.32%. Match Group Inc shares have risen nearly 3.33% since the year began. Nevertheless, the stocks have fallen -6.22% over the past one year. While a 52-week high of $38.84 was reached on 02/04/25, a 52-week low of $27.66 was recorded on 01/13/25. SMA at 50 days reached $33.01, while 200 days put it at $33.62.
Levels Of Support And Resistance For MTCH Stock
The 24-hour chart illustrates a support level at 33.20, which if violated will result in even more drops to 32.60. On the upside, there is a resistance level at 34.59. A further resistance level may holdings at 35.38. The Relative Strength Index (RSI) on the 14-day chart is 49.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.76%. Stochastics %K at 42.33% indicates the stock is a holding.
How much short interest is there in Match Group Inc?
A steep rise in short interest was recorded in Match Group Inc stocks on 2025-01-15, dropping by -1.61 million shares to a total of 13.73 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 15.34 million shares. There was a decline of -11.73%, which implies that there is a negative sentiment for the stock.
