3 days Ago By ABMN Staff
California Public Employees Retirement System raised its holdings in shares of IAC Inc. ( NASDAQ:IAC – Free Report ) by 58.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The firm owned 250,434 shares of the company’s stock after acquiring an additional 92,143 shares during the period. California Public Employees Retirement System owned approximately 0.31% of IAC worth $10,804,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank acquired a new stake in IAC during the fourth quarter worth about $38,817,000. Joel Isaacson & Co.
LLC grew its stake in shares of IAC by 553.6% during the 4th quarter. Joel Isaacson & Co.
LLC now owns 424,238 shares of the company’s stock worth $18,302,000 after purchasing an additional 359,327 shares during the period. Highbridge Capital Management LLC grew its stake in shares of IAC by 223.5% during the 4th quarter.
Highbridge Capital Management LLC now owns 351,681 shares of the company’s stock worth $15,172,000 after purchasing an additional 242,982 shares during the period. Proficio Capital Partners LLC lifted its stake in shares of IAC by 4,238.5% in the 4th quarter.
Proficio Capital Partners LLC now owns 229,419 shares of the company’s stock valued at $9,897,000 after purchasing an additional 224,131 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in IAC during the fourth quarter worth $8,015,000.
88.90% of the stock is currently owned by institutional investors and hedge funds. IAC Price Performance Shares of NASDAQ IAC opened at $35.
47 on Monday. The stock has a market capitalization of $2.75 billion, a price-to-earnings ratio of -5.
44 and a beta of 1.24. IAC Inc.
has a 52 week low of $35.26 and a 52 week high of $58.29.
The firm has a 50-day simple moving average of $44.64 and a 200-day simple moving average of $46.77.
The company has a quick ratio of 2.75, a current ratio of 2.80 and a debt-to-equity ratio of 0.
31. Analysts Set New Price Targets View Our Latest Stock Analysis on IAC IAC Profile ( Free Report ) IAC Inc, together with its subsidiaries, operates as a media and internet company worldwide. The company publishes original and engaging digital content in the form of articles, illustrations, and videos and images across entertainment, food, home, beauty, travel, health, family, luxury, and fashion areas; and magazines related to women and lifestyle.
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