Match group director Glenn Schiffman sells $626k in shares
Match Group director Glenn Schiffman made several stock transactions on August 11, 2026, including the sale of 17,030 shares valued at approximately $626,363. The company's shares were trading at $37.28 at the time, with a P/E ratio of 13.07 and a PEG ratio of 0.30, indicating it was undervalued according to InvestingPro analysis.
Apart from selling shares, Schiffman acquired 3,000 shares and exercised options to acquire 20,000 shares. His direct beneficial ownership in Match Group common stock following these transactions amounted to 59,340 shares, including 6,993 share units accrued under the company's 2020 Deferred Compensation Plan for Non-Employee Directors.
Match Group's second-quarter earnings report showed adjusted earnings per share of $0.70, exceeding the forecast of $0.65, while revenue was slightly below expectations at $853 million. Susquehanna maintained a Positive rating on Match Group with a price target of $45, noting that the company's results aligned with its turnaround strategy.
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