Jupiter Topco LLC Purchases Shares of 95,263 Match Group Inc. $MTCH

Key Points

• Jupiter Topco LLC acquired 95,263 Match Group shares in the second quarter, valued at approximately $3.6 million. Institutional investors collectively own 94.05% of the company.
• Match Group reported quarterly EPS of $0.70, beating analysts’ $0.65 estimate, while revenue of $853.1 million fell slightly short of expectations and declined 1.2% year over year.
• The stock opened at $41.91, near its 52-week high, and the company declared a quarterly dividend of $0.20 per share. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $42.46.

Jupiter Topco LLC purchased a new position in shares of Match Group Inc. (NASDAQ:MTCH - Free Report) in the second quarter, according to its most recent filing with the SEC. The firm purchased 95,263 shares of the technology company's stock, valued at approximately $3,624,000.

Other hedge funds have also recently made changes to their positions in the company. Woodline Partners LP bought a new stake in shares of Match Group during the 1st quarter valued at about $662,000. Northwestern Mutual Wealth Management Co. increased its holdings in Match Group by 20.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 5,260 shares of the technology company's stock worth $162,000 after purchasing an additional 891 shares in the last quarter. First Trust Advisors LP lifted its stake in Match Group by 45.9% in the second quarter. First Trust Advisors LP now owns 649,721 shares of the technology company's stock valued at $20,070,000 after buying an additional 204,472 shares during the period. Amundi boosted its holdings in shares of Match Group by 1,477.6% during the 2nd quarter. Amundi now owns 358,709 shares of the technology company's stock worth $11,637,000 after buying an additional 335,971 shares in the last quarter. Finally, Cresset Asset Management LLC bought a new position in shares of Match Group during the 2nd quarter worth approximately $298,000. 94.05% of the stock is owned by institutional investors.

Insider Activity

In other Match Group news, Director Glenn Schiffman bought 3,000 shares of the firm's stock in a transaction dated Tuesday, August 11th. The stock was bought at an average cost of $36.63 per share, with a total value of $109,890.00. Following the completion of the transaction, the director directly owned 56,370 shares in the company, valued at approximately $2,064,833.10. The trade was a 5.62% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CAO Philip D. Eigenmann sold 15,000 shares of the company's stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $41.70, for a total transaction of $625,500.00. Following the completion of the sale, the chief accounting officer owned 19,389 shares in the company, valued at $808,521.30. This represents a 43.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.71% of the company's stock.

Match Group Stock Up 3.1%

NASDAQ MTCH opened at $41.91 on Wednesday. Match Group Inc. has a 52 week low of $28.81 and a 52 week high of $42.49. The business has a 50 day moving average price of $38.86 and a 200-day moving average price of $35.42. The company has a market cap of $9.62 billion, a price-to-earnings ratio of 14.81, a P/E/G ratio of 0.59 and a beta of 1.32.

Match Group (NASDAQ:MTCH - Get Free Report) last issued its earnings results on Tuesday, August 4th. The technology company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.65 by $0.05. The company had revenue of $853.11 million for the quarter, compared to analysts' expectations of $857.77 million. Match Group had a negative return on equity of 324.82% and a net margin of 20.17%.Match Group's quarterly revenue was down 1.2% compared to the same quarter last year. During the same period last year, the business earned $0.49 EPS. On average, equities research analysts anticipate that Match Group Inc. will post 3.31 earnings per share for the current year.

Match Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 20th. Stockholders of record on Monday, October 5th will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, October 5th. Match Group's dividend payout ratio (DPR) is currently 28.27%.

More Match Group News

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

• Positive Sentiment: Match Group’s Q2 2026 figures showed a modest revenue dip but solid earnings, a combination that appears to have reassured investors about the company’s profitability and ability to navigate slower top-line growth. Match Group stock gains as Q2 2026 figures show modest revenue dip but solid earnings
• Positive Sentiment: Zacks identified Match Group as one of three value stocks to consider amid rising market volatility. The company’s relatively low valuation and growth-adjusted price-to-earnings ratio may be attracting value-oriented investors, particularly as markets become more selective. 3 Value Stocks to Buy as September Market Volatility Picks Up

Analyst Ratings Changes

Several research firms have recently weighed in on MTCH. Weiss Ratings upgraded shares of Match Group from a "hold (c)" rating to a "hold (c+)" rating in a research note on Wednesday, July 15th. Wall Street Zen cut shares of Match Group from a "buy" rating to a "hold" rating in a report on Saturday, August 8th. UBS Group lifted their price target on shares of Match Group from $34.00 to $38.00 and gave the company a "neutral" rating in a research note on Wednesday, May 6th. Susquehanna reiterated a "positive" rating on shares of Match Group in a report on Wednesday, August 5th. Finally, Truist Financial increased their price objective on shares of Match Group from $37.00 to $41.00 and gave the stock a "hold" rating in a research report on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $42.46.

About Match Group

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source