Insider Selling: MediaAlpha (NYSE:MAX) Insider Sells 8,000 Shares of Stock

MediaAlpha, Inc. (NYSE:MAX) insider Steven Yi sold 8,000 shares of MediaAlpha stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $11.72, for a total transaction of $93,760.00. Following the sale, the insider owned 2,975,330 shares of the company’s stock, valued at approximately $34,870,867.60. This represents a 0.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Steven Yi also recently made the following trade(s):

• On Monday, November 17th, Steven Yi sold 8,000 shares of MediaAlpha stock. The shares were sold at an average price of $12.31, for a total transaction of $98,480.00.

MediaAlpha Stock Down 2.8%

MAX stock traded down $0.34 during midday trading on Wednesday, reaching $11.55. The company’s stock had a trading volume of 483,776 shares, compared to its average volume of 532,244. The business’s 50-day simple moving average is $11.99 and its 200-day simple moving average is $11.05. MediaAlpha, Inc. has a 52 week low of $7.33 and a 52 week high of $13.85. The stock has a market cap of $752.39 million, a PE ratio of -384.71 and a beta of 1.21.

MediaAlpha (NYSE:MAX) last issued its earnings results on Wednesday, October 29th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.21 by $0.05. The company had revenue of $306.51 million during the quarter, compared to analysts’ expectations of $283.30 million. MediaAlpha had a negative net margin of 0.10% and a negative return on equity of 71.02%. The business’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.17 EPS. MediaAlpha has set its Q4 2025 guidance at EPS. As a group, equities analysts forecast that MediaAlpha, Inc. will post 0.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Canaccord Genuity Group reissued a “buy” rating and issued a $15.00 target price on shares of MediaAlpha in a research note on Thursday, October 30th. Wall Street Zen raised MediaAlpha from a “hold” rating to a “strong-buy” rating in a research note on Saturday, November 1st. Weiss Ratings reiterated a “sell (d)” rating on shares of MediaAlpha in a research report on Thursday, November 13th. The Goldman Sachs Group set a $13.50 price objective on shares of MediaAlpha in a report on Friday, October 31st. Finally, Keefe, Bruyette & Woods upped their target price on shares of MediaAlpha from $18.00 to $19.00 and gave the company an “outperform” rating in a research note on Thursday, October 30th. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, MediaAlpha has a consensus rating of “Moderate Buy” and a consensus target price of $17.25.

Institutional Trading of MediaAlpha

Large investors have recently bought and sold shares of the business. Quarry LP lifted its stake in MediaAlpha by 43.3% in the third 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. Tower Research Capital LLC TRC increased its position in shares of MediaAlpha by 28.0% during the second quarter. Tower Research Capital LLC TRC now owns 5,551 shares of the company’s stock worth $61,000 after acquiring an additional 1,213 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of MediaAlpha during the second quarter worth $62,000. Semanteon Capital Management LP bought a new stake in MediaAlpha in the 2nd quarter valued at $110,000. Finally, Pallas Capital Advisors LLC acquired a new position in MediaAlpha in the 2nd quarter worth $111,000. 64.39% of the stock is owned by institutional investors.

MediaAlpha Company Profile

MediaAlpha, Inc, through its subsidiaries, operates an insurance customer acquisition platform in the United States. It optimizes customer acquisition in various verticals of property and casualty insurance, health insurance, and life insurance. The company was founded in 2014 and is headquartered in Los Angeles, California.