Match Group Inc’s recent filing unveils that its Chief Executive Officer Rascoff Spencer M acquired Company’s shares for reported $1.99 million on May 09 ’25. In the deal valued at $28.05 per share,70,885 shares were bought. As a result of this transaction, Rascoff Spencer M now holds 137,478 shares worth roughly $4.02 million.
Then, Swidler Gary sold 242,209 shares, generating $7,960,086 in total proceeds. Upon selling the shares at $32.86, the President now owns 1,690 shares.
Before that, Gary Swidler bought 215,731 shares. Match Group Inc shares valued at $6,758,852 were divested by the Officer at a price of $31.33 per share.
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 jump 0.95% to $29.25. Over the last five days, the stock has gained 7.62%. Match Group Inc shares have fallen nearly -10.58% since the year began. Nevertheless, the stocks have fallen -8.42% over the past one year. While a 52-week high of $38.84 was reached on 02/04/25, a 52-week low of $26.39 was recorded on 04/09/25. SMA at 50 days reached $29.98, while 200 days put it at $33.40.
Levels Of Support And Resistance For MTCH Stock
The 24-hour chart illustrates a support level at 28.98, which if violated will result in even more drops to 28.72. On the upside, there is a resistance level at 29.43. A further resistance level may holdings at 29.62. The Relative Strength Index (RSI) on the 14-day chart is 48.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 42.79%. Stochastics %K at 56.32% indicates the stock is a holding.
