MediaAlpha (MAX)

• Market cap: $618M
• 1 day: 0.00%
• 5 days: 1.45%
• 1 month: -8.27%
• 3 months: -36.23%
• 6 months: -31.23%
• Year to date: 1.72%
• 1 year: 1.17%
• 5 years: -64.81%
• 10 years: -64.81%
• Sector: Industrials
• Industry: Business Services

About: MediaAlpha Inc provides a platform that facilitates insurance carriers and distributors target and acquire customers. The company's technology platform brings insurance carriers and consumers together through a real-time, transparent, and results-driven ecosystem. It acts as a customer acquisition channel in the areas of property & casualty insurance, health insurance, and life insurance. It operates in the United States and generates revenue by earning a fee for each consumer referral sold on its platform.

Employees: 137

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

225% more call options, than puts

Call options by funds: $2.38M | Put options by funds: $731K

55% more repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 40

50% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 3 (+1) [Q3]

32% more capital invested

Capital invested by funds: $672M [Q2] → $885M (+$213M) [Q3]

3% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 31

1% more funds holding

Funds holding: 148 [Q2] → 149 (+1) [Q3]

9.69% less ownership

Funds ownership: 98.94% [Q2] → 89.24% (-9.69%) [Q3]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $20 78% upside
• Avg. target: $23 102% upside
• High target: $26 132% upside

3 analyst ratings

• positive: 3 100%
• neutral: 0 0%
• negative: 0 0%

Keefe, Bruyette & Woods Tommy McJoynt 60% 1-year accuracy 3 / 5 met price target	96% upside $22	Outperform Maintained	11 Dec 2024
RBC Capital Ben Hendrix 25% 1-year accuracy 18 / 71 met price target	78% upside $20	Outperform Maintained	4 Dec 2024
Goldman Sachs Eric Sheridan 60% 1-year accuracy 37 / 62 met price target	132% upside $26	Buy Maintained	1 Nov 2024