Apple announces iPhone 17 with 48MP cameras and 6.3-inch display
Match Group, Inc. (NASDAQ:MTCH) Chief Accounting Officer Philip D. Eigenmann sold 6,531 shares of common stock on September 3, 2025, for $245,024. The sales were executed at a price of $37.5171, with prices ranging from $37.44 to $37.535. The transaction occurred as Match Group’s stock trades near its 52-week high of $39.20, having delivered a strong 22.57% return over the past six months.
On the same day, Eigenmann also exercised options to acquire a total of 21,994 shares of Match Group common stock, with prices ranging from $16.4819 to $24.768, for a total value of $452498. Additionally, 15,463 shares were disposed of to cover tax obligations, with each share priced at $37.565, totaling $580867. According to InvestingPro analysis, Match Group currently shows signs of undervaluation, with a GOOD overall financial health score. Get access to 8 more exclusive ProTips and comprehensive valuation metrics with InvestingPro.
Following these transactions, Eigenmann directly owns 23,240 shares of Match Group, Inc., which currently has a market capitalization of $9.17 billion.
In other recent news, Match Group reported second-quarter revenue of $864 million, which was flat compared to the previous year but exceeded the high end of its guidance by $4 million. This performance was largely attributed to the Tinder app and advertising revenue, as noted by JPMorgan. Analysts have responded positively to Match Group’s recent developments, with several firms raising their price targets. Susquehanna increased its target to $45, citing early signs of improvement in the company’s business strategy under CEO Spencer Rascoff. RBC Capital also raised its target to $39, describing the second-quarter results as constructive, with a focus on product and engineering improvements. Wolfe Research highlighted "green shoots" in the company’s performance, raising its target to $42. Morgan Stanley adjusted its target to $35, citing momentum across Match Group’s portfolio and favorable foreign exchange conditions. JPMorgan raised its target to $33, acknowledging early signs of a turnaround for Tinder.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.