Key Points
- CTO Kuanling Amy Yeh sold 3,000 shares of MediaAlpha on April 10 at an average price of $9.25 under a Rule 10b5‑1 plan to cover tax withholding from vested equity, leaving her with 574,879 shares; this brings her total insider sales this year to 24,000 shares.
- The company reported a recent quarter with EPS of $0.50 (beating estimates) but revenue of $291.16M was down 3.2% year‑over‑year and the business showed a slim net margin (2.3%) with a negative return on equity.
- Analyst sentiment is mixed after several price‑target cuts; MediaAlpha is rated an average "Moderate Buy" with a consensus target of $12.70, while the stock trades near its 50‑day average and was down about 2.8% on the day.
MediaAlpha, Inc. (NYSE:MAX - Get Free Report) CTO Kuanling Amy Yeh sold 3,000 shares of the business's stock in a transaction on Friday, April 10th. The shares were sold at an average price of $9.25, for a total transaction of $27,750.00. Following the sale, the chief technology officer owned 574,879 shares of the company's stock, valued at approximately $5,317,630.75. The trade was a 0.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Kuanling Amy Yeh also recently made the following trade(s):
- On Friday, March 27th, Kuanling Amy Yeh sold 3,000 shares of MediaAlpha stock. The shares were sold at an average price of $9.44, for a total transaction of $28,320.00.
- On Friday, March 6th, Kuanling Amy Yeh sold 3,000 shares of MediaAlpha stock. The shares were sold at an average price of $10.34, for a total transaction of $31,020.00.
- On Friday, February 13th, Kuanling Amy Yeh sold 12,000 shares of MediaAlpha stock. The shares were sold at an average price of $7.31, for a total transaction of $87,720.00.
- On Friday, January 16th, Kuanling Amy Yeh sold 3,000 shares of MediaAlpha stock. The stock was sold at an average price of $11.48, for a total transaction of $34,440.00.
MediaAlpha Stock Down 2.8%
MAX stock opened at $9.07 on Friday. MediaAlpha, Inc. has a fifty-two week low of $7.09 and a fifty-two week high of $13.92. The firm's 50-day simple moving average is $9.16 and its 200 day simple moving average is $11.01. The stock has a market cap of $584.76 million, a PE ratio of 23.25 and a beta of 1.39.
MediaAlpha (NYSE:MAX - Get Free Report) last released its quarterly earnings data on Monday, February 23rd. The company reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.25. MediaAlpha had a net margin of 2.30% and a negative return on equity of 132.73%. The business had revenue of $291.16 million for the quarter, compared to analysts' expectations of $296.42 million. During the same quarter last year, the company earned $0.08 EPS. The company's revenue for the quarter was down 3.2% compared to the same quarter last year. Equities analysts forecast that MediaAlpha, Inc. will post 0.48 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
MAX has been the topic of a number of analyst reports. Royal Bank Of Canada dropped their price objective on shares of MediaAlpha from $18.00 to $11.00 and set an "outperform" rating on the stock in a report on Tuesday, February 24th. Keefe, Bruyette & Woods dropped their price objective on shares of MediaAlpha from $16.00 to $15.00 and set an "outperform" rating on the stock in a report on Tuesday. The Goldman Sachs Group dropped their price objective on shares of MediaAlpha from $13.50 to $11.50 and set a "neutral" rating on the stock in a report on Tuesday, February 24th. Zacks Research cut shares of MediaAlpha from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 25th. Finally, Wall Street Zen raised shares of MediaAlpha from a "buy" rating to a "strong-buy" rating in a report on Saturday. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, MediaAlpha presently has an average rating of "Moderate Buy" and a consensus target price of $12.70.
Check Out Our Latest Report on MediaAlpha
Hedge Funds Weigh In On MediaAlpha
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Hsbc Holdings PLC grew its position in MediaAlpha by 2.3% in the 2nd quarter. Hsbc Holdings PLC now owns 51,550 shares of the company's stock valued at $561,000 after buying an additional 1,144 shares in the last quarter. Tower Research Capital LLC TRC grew its position in MediaAlpha by 28.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,551 shares of the company's stock valued at $61,000 after buying an additional 1,213 shares in the last quarter. Quarry LP grew its position in MediaAlpha by 43.3% in the 3rd quarter. Quarry LP now owns 4,087 shares of the company's stock valued at $47,000 after buying an additional 1,234 shares in the last quarter. The Manufacturers Life Insurance Company grew its position in MediaAlpha by 13.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 12,757 shares of the company's stock valued at $140,000 after buying an additional 1,510 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd grew its position in MediaAlpha by 5,900.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,160 shares of the company's stock valued at $28,000 after buying an additional 2,124 shares in the last quarter. Institutional investors own 64.39% of the company's stock.
About MediaAlpha
(
Get Free Report)
MediaAlpha, Inc is a technology company that operates a real-time digital marketplace for the distribution of insurance and adjacent services. The company's platform connects buyers—consumers seeking insurance policies—to sellers, including insurance carriers and distribution partners, through programmatic bidding and data-driven pricing. By leveraging transaction-level data and proprietary auction mechanics, MediaAlpha enables carriers to acquire customers more efficiently and at scale.
The firm offers a suite of products that help clients optimize marketing spend and improve conversion rates.
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