IAC/InterActiveCorp (IAC) Reaches $150.82 52-Week High; Tiptree Class A (TIPT) Shorts Down By 5.14%

February 15, 2018 - By reb123z

Tiptree Class A (NASDAQ:TIPT) had a decrease of 5.14% in short interest. TIPT’s SI was 302,700 shares in February as released by FINRA. Its down 5.14% from 319,100 shares previously. With 44,500 avg volume, 7 days are for Tiptree Class A (NASDAQ:TIPT)’s short sellers to cover TIPT’s short positions. The SI to Tiptree Class A’s float is 1.26%. The stock increased 3.43% or $0.199 during the last trading session, reaching $5.999. About 515 shares traded. Tiptree Inc. (NASDAQ:TIPT) has risen 12.93% since February 15, 2017 and is uptrending. It has underperformed by 3.77% the S&P500.

The stock of IAC/InterActiveCorp (NASDAQ:IAC) hit a new 52-week high and has $162.89 target or 8.00% above today’s $150.82 share price. The 7 months bullish chart indicates low risk for the $12.44 billion company. The 1-year high was reported on Feb, 15 by Barchart.com. If the $162.89 price target is reached, the company will be worth $995.20M more. The stock increased 0.72% or $1.08 during the last trading session, reaching $150.82. About 391,128 shares traded. IAC/InterActiveCorp (NASDAQ:IAC) has risen 94.44% since February 15, 2017 and is uptrending. It has outperformed by 77.74% the S&P500.

Tiptree Inc., through its subsidiaries, engages in specialty insurance, asset management, senior living, and specialty finance businesses in the United States. The company has market cap of $242.32 million. The Company’s Specialty Insurance segment offers credit protection insurance, mobile protection, warranty and service contracts, and insurance programs; and value-add services, including premium finance and business processing services. It has a 149.98 P/E ratio. The companyÂ’s Asset Management segment engages in the management of credit related assets on behalf of pension funds, hedge funds, other asset management firms, banks, insurance companies, and other institutional investors.

IAC/InterActiveCorp, together with its subsidiaries, operates as a media and Internet firm in the United States and internationally. The company has market cap of $12.44 billion. It operates through six divisions: Match Group, HomeAdvisor, Video, Applications, Publishing, and Other. It has a 47.43 P/E ratio. The Match Group segment provides dating products, which enables a user to establish a profile and review other peopleÂ’s profiles in 42 languages; and non-dating services, including educational test preparation, academic tutoring, and college counseling services.

Among 16 analysts covering InterActiveCorp (NASDAQ:IAC), 13 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. InterActiveCorp has $95 highest and $39 lowest target. $72.86’s average target is -51.69% below currents $150.82 stock price. InterActiveCorp had 25 analyst reports since February 4, 2016 according to SRatingsIntel. The stock of IAC/InterActiveCorp (NASDAQ:IAC) has “Outperform” rating given on Wednesday, January 11 by Credit Suisse. The rating was maintained by Barclays Capital with “Overweight” on Thursday, February 4. The stock of IAC/InterActiveCorp (NASDAQ:IAC) has “Buy” rating given on Thursday, February 4 by Needham. RBC Capital Markets maintained the shares of IAC in report on Thursday, February 4 with “Sector Perform” rating. As per Friday, November 4, the company rating was maintained by Benchmark. Wells Fargo upgraded the stock to “Outperform” rating in Tuesday, September 20 report. The firm has “Outperform” rating by BMO Capital Markets given on Tuesday, June 7. The rating was initiated by Aegis Capital with “Buy” on Friday, November 18. The company was maintained on Thursday, February 4 by UBS. On Thursday, February 4 the stock rating was maintained by Oppenheimer with “Outperform”.

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