As Iac Interactivecorp (IACI) Market Value Were Volatile, Allen Holding INC Has Trimmed Its Stake

July 18, 2017 - By Darrin Black

Investors sentiment increased to 0.81 in 2016 Q4. Its up 0.20, from 0.61 in 2016Q3. It increased, as 34 investors sold IACI shares while 107 reduced holdings. 45 funds opened positions while 69 raised stakes. 64.61 million shares or 0.71% less from 65.07 million shares in 2016Q3 were reported. Moreover, State Of Wisconsin Invest Board has 0.01% invested in IAC InterActiveCorp (NASDAQ:IAC) for 38,467 shares. Cornerstone Capital Mgmt Ltd Com reported 253,985 shares. Manufacturers Life Com The owns 2,256 shares. Voya Investment Mgmt Limited Company has 0% invested in IAC InterActiveCorp (NASDAQ:IAC) for 28,037 shares. Wolverine Asset Management Lc has 0.01% invested in IAC InterActiveCorp (NASDAQ:IAC). Wesbanco Natl Bank has 18,749 shares. Renaissance Ltd Liability Company holds 0% or 45,700 shares in its portfolio. Fulton Bank & Trust Na holds 3,394 shares. Tennessee-based Ftb Advisors has invested 0% in IAC InterActiveCorp (NASDAQ:IAC). Hexavest, a Quebec – Canada-based fund reported 1,300 shares. Amalgamated Bancshares owns 0.03% invested in IAC InterActiveCorp (NASDAQ:IAC) for 11,944 shares. 28,346 were reported by Cipher Capital Lp. Moreover, Swiss Bankshares has 0.01% invested in IAC InterActiveCorp (NASDAQ:IAC) for 121,300 shares. First In has 0.01% invested in IAC InterActiveCorp (NASDAQ:IAC). Kanaly Trust invested 0% in IAC InterActiveCorp (NASDAQ:IAC).

Allen Holding Inc decreased its stake in Iac Interactivecorp (IACI) by 5.55% based on its latest 2016Q4 regulatory filing with the SEC. Allen Holding Inc sold 50,214 shares as the company’s stock 0.00% . The institutional investor held 854,998 shares of the other specialty stores company at the end of 2016Q4, valued at $55.40 million, down from 905,212 at the end of the previous reported quarter. Allen Holding Inc who had been investing in Iac Interactivecorp for a number of months, seems to be less bullish one the $8.34B market cap company. The stock increased 1.24% or $1.31 during the last trading session, reaching $106.67. About shares traded. IAC InterActiveCorp (NASDAQ:IACI) has 0.00% since July 18, 2016 and is . It has underperformed by 16.70% the S&P500.

More recent IAC InterActiveCorp (NASDAQ:IAC) news were published by: Nasdaq.com which released: “Notable Monday Option Activity: IAC, HLF, AMC” on July 17, 2017. Also Seekingalpha.com published the news titled: “Under pressure, IAC drops dilutive share-class plan” on June 26, 2017. Seekingalpha.com‘s news article titled: “IAC: Undervalued?” with publication date: June 20, 2017 was also an interesting one.

IAC InterActiveCorp (NASDAQ:IAC) Ratings Coverage

Among 5 analysts covering InterActiveCorp (NASDAQ:IACI), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. InterActiveCorp has $100 highest and $70 lowest target. $79.14’s average target is -25.81% below currents $106.67 stock price. InterActiveCorp had 14 analyst reports since July 29, 2015 according to SRatingsIntel. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, October 28. The company was maintained on Tuesday, January 12 by Axiom Capital. The rating was initiated by Guggenheim with “Buy” on Tuesday, October 13. Benchmark maintained the stock with “Buy” rating in Saturday, August 22 report. Axiom Capital maintained IAC InterActiveCorp (NASDAQ:IAC) rating on Tuesday, September 22. Axiom Capital has “Buy” rating and $100 target. The firm has “Positive” rating by Susquehanna given on Friday, January 15. On Friday, November 20 the stock rating was maintained by Needham with “Buy”. The company was maintained on Friday, August 14 by UBS. The company was initiated on Monday, January 18 by Susquehanna. The stock of IAC InterActiveCorp (NASDAQ:IAC) has “Buy” rating given on Wednesday, July 29 by Benchmark.

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