Continued Level of Significant Insider Selling at Match Group (MTCH)

Tuesday, August 29, 2017 10:15 PM ET

Continued Level of Significant Insider Selling at Match Group (MTCH)

A notable insider sale of the shares of Match Group was revealed in a form 4 document filed with the SEC today, showing — Sam Yagan, Director — sold 98,854 shares in the company having a market value of approximately $1,888,017. There was one insider buy/sell transaction in the past 90 days prior to this transaction which resulted in the sale of 54,625 shares. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 153,479 shares and have averaged 76,740 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Match Group is lower than its 12-company peer group average. However, shares per average transaction for Match Group insider buy-sell trading in near that of the Social Media & Networking peer group of companies. Within this peer group there were 1,000 shares purchased and 2,780,129 shares sold resulting in an average of 77,254 shares traded and netting out with company insiders selling 77,198 shares on average.

Significant insider buying and selling activity has been determined by eliminating all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers in data sourced in creating and writing this story.

Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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