IAC Inc (NASDAQ: IAC) is 8.99% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The IAC stock was last observed hovering at around $47.97 in the last trading session, with the day’s loss setting it -0.95%.
Currently trading at $47.02, the stock is 9.87% and 8.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.03 million and changing -1.98% at the moment leaves the stock -3.88% off its SMA200. IAC registered -8.13% loss for a year compared to 6-month loss of -6.96%. The firm has a 50-day simple moving average (SMA 50) of $43.5234 and a 200-day simple moving average (SMA200) of $48.91835.
The stock witnessed a 10.38% gain in the last 1 month and extending the period to 3 months gives it a -2.41%, and is 13.03% 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 4.39% over the week and 3.13% over the month.
IAC Inc (IAC) has around 9500 employees, a market worth around $4.06B and $3.81B in sales. Fwd P/E is 65.96. Profit margin for the company is -14.22%. Distance from 52-week low is 18.71% and -19.33% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.21%).
The EPS is expected to grow by 100.17% this year.
IAC Inc (IAC) Top Institutional Holders
488.0 institutions hold shares in IAC Inc (IAC), with institutional investors hold 96.29% of the company’s shares. The shares outstanding are 86.27M, and float is at 78.37M with Short Float at 4.32%. Institutions hold 93.85% 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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