IAC Inc
About: IAC is an internet media company with segments that include Angi (33% of total revenue), Dotdash Meredith (39%), search (14%), and emerging and other (14%). The firm spun off the narrow-moat dating app provider Match Group in second-quarter 2020 and the no-moat video software provider Vimeo in second-quarter 2021.
Employees: 9,500
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
5% more capital invested
Capital invested by funds: $3.47B [Q2] → $3.66B (+$190M) [Q3]
6% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 50
1% more funds holding
Funds holding: 353 [Q2] → 356 (+3) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 120
7.5% less ownership
Funds ownership: 92.28% [Q2] → 84.78% (-7.5%) [Q3]
22% less funds holding in top 10
Funds holding in top 10: 18 [Q2] → 14 (-4) [Q3]
23% less call options, than puts
Call options by funds: $23M | Put options by funds: $29.8M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Macquarie Tim Nollen 76% 1-year accuracy 29 / 38 met price target | 70%downside $14 | Outperform Maintained | 14 Nov 2024 |
TD Cowen John Blackledge 88% 1-year accuracy 14 / 16 met price target | 64%upside $77 | Buy Maintained | 13 Nov 2024 |
Benchmark Daniel Kurnos 65% 1-year accuracy 51 / 79 met price target | 124%upside $105 | Buy Maintained | 13 Nov 2024 |
Truist Securities Youssef Squali 66% 1-year accuracy 53 / 80 met price target | 70%upside $80 | Buy Maintained | 13 Nov 2024 |
Barclays Ross Sandler 79% 1-year accuracy 27 / 34 met price target | 41%upside $66 | Overweight Maintained | 13 Nov 2024 |
Financial journalist opinion
Based on 13 articles about IAC published over the past 30 days
