Intellectus Partners LLC Boosts Stock Position in LendingTree, Inc. $TREE

Intellectus Partners LLC raised its stake in LendingTree, Inc. (NASDAQ:TREE) by 9.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,750 shares of the financial services provider’s stock after purchasing an additional 3,000 shares during the period. Intellectus Partners LLC’s holdings in LendingTree were worth $1,251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AlphaQuest LLC grew its stake in LendingTree by 11.4% in the second quarter. AlphaQuest LLC now owns 2,212 shares of the financial services provider’s stock valued at $82,000 after purchasing an additional 227 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in LendingTree by 4,926.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,262 shares of the financial services provider’s stock valued at $114,000 after purchasing an additional 2,217 shares during the last quarter. Asset Management One Co. Ltd. grew its stake in LendingTree by 61.3% in the second quarter. Asset Management One Co. Ltd. now owns 3,317 shares of the financial services provider’s stock valued at $123,000 after purchasing an additional 1,261 shares during the last quarter. State of Wyoming grew its stake in LendingTree by 51.1% in the first quarter. State of Wyoming now owns 2,712 shares of the financial services provider’s stock valued at $136,000 after purchasing an additional 917 shares during the last quarter. Finally, CWM LLC grew its stake in LendingTree by 497.6% in the first quarter. CWM LLC now owns 4,775 shares of the financial services provider’s stock valued at $240,000 after purchasing an additional 3,976 shares during the last quarter. Hedge funds and other institutional investors own 68.26% of the company’s stock.

LendingTree Trading Down 0.3%

LendingTree stock opened at $64.00 on Monday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 3.26. LendingTree, Inc. has a 52 week low of $33.50 and a 52 week high of $77.35. The company has a market capitalization of $871.68 million, a price-to-earnings ratio of -15.76 and a beta of 1.71. The stock has a 50-day moving average price of $65.89 and a 200 day moving average price of $51.08.

LendingTree (NASDAQ:TREE) last released its earnings results on Thursday, October 30th. The financial services provider reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.23 by $0.47. LendingTree had a positive return on equity of 25.79% and a negative net margin of 5.33%.The firm had revenue of $307.80 million during the quarter, compared to the consensus estimate of $278.36 million. During the same quarter in the previous year, the company posted $0.80 earnings per share. The company’s revenue was up 18.0% compared to the same quarter last year. LendingTree has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. Sell-side analysts anticipate that LendingTree, Inc. will post 0.48 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Keefe, Bruyette & Woods raised LendingTree from a “moderate buy” rating to a “strong-buy” rating in a report on Friday, August 22nd. Zacks Research downgraded LendingTree from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Needham & Company LLC raised their price target on LendingTree from $70.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday. Oppenheimer set a $85.00 price target on LendingTree and gave the stock an “outperform” rating in a report on Friday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of LendingTree in a report on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $72.86.

Insider Activity at LendingTree

In related news, General Counsel Heather Enlow-Novitsky sold 1,000 shares of LendingTree stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $69.14, for a total transaction of $69,140.00. Following the completion of the transaction, the general counsel directly owned 1,028 shares in the company, valued at approximately $71,075.92. This trade represents a 49.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Diego A. Rodriguez sold 1,200 shares of LendingTree stock in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $69.78, for a total value of $83,736.00. Following the transaction, the director owned 8,113 shares of the company’s stock, valued at approximately $566,125.14. This represents a 12.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 8,669 shares of company stock worth $598,331. 23.10% of the stock is owned by corporate insiders.

About LendingTree

LendingTree, Inc, through its subsidiary, operates online consumer platform in the United States. It operates through three segments: Home, Consumer, and Insurance. The Home segment offers purchase mortgage, refinance mortgage, and home equity loans and lines of credit; and real estate brokerage services.