IAC Inc (NASDAQ: IAC) is -1.95% lower on its value in year-to-date trading and has touched a low of $39.61 and a high of $58.29 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IAC stock was last observed hovering at around $42.85 in the last trading session, with the day’s loss setting it -0.55%.
Currently trading at $42.30, the stock is -0.44% and -7.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.73 million and changing -1.28% at the moment leaves the stock -14.62% off its SMA200. IAC registered -12.98% loss for a year compared to 6-month loss of -16.27%. The firm has a 50-day simple moving average (SMA 50) of $45.9354 and a 200-day simple moving average (SMA200) of $49.5418.
The stock witnessed a -5.52% gain in the last 1 month and extending the period to 3 months gives it a -21.04%, and is 2.64% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.75% over the week and 3.23% over the month.
IAC Inc (IAC) has around 9500 employees, a market worth around $3.65B and $3.88B in sales. Profit margin for the company is -0.62%. Distance from 52-week low is 6.79% and -27.43% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.31%).
with sales reaching $934.31M over the same period.The EPS is expected to shrink by -229.80% this year, but quarterly earnings will post -14.04% year-over-year. Quarterly sales are estimated to shrink -11.69% in year-over-year returns.
IAC Inc (IAC) Top Institutional Holders
484.0 institutions hold shares in IAC Inc (IAC), with institutional investors hold 97.38% of the company’s shares. The shares outstanding are 80.47M, and float is at 78.43M with Short Float at 2.78%. Institutions hold 95.13% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.78 million shares valued at $411.32 million. The investor’s holdings represent 10.1382% of the IAC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.88 million shares valued at $369.3 million to account for 9.1024 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 5.9 million shares representing 7.1048% and valued at over $276.6 million, while UBS ASSET MANAGEMENT AMERICAS INC holds 3.2116 of the shares totaling 2.78 million with a market value of $130.3 million.
IAC Inc (IAC) Insider Activity
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