As Iac Interactivecorp (IACI) Stock Were Volatile, Shareholder Contour Asset Management LLC Has Decreased Position

November 7, 2017 - By Vivian Currie

Investors sentiment decreased to 0.77 in 2017 Q2. Its down 0.34, from 1.11 in 2017Q1. It dropped, as 43 investors sold IACI shares while 117 reduced holdings. 53 funds opened positions while 70 raised stakes. 66.00 million shares or 4.00% more from 63.46 million shares in 2017Q1 were reported. Geode Limited Liability Co reported 592,610 shares. 46,383 are held by Airain Ltd. New York-based Cadian Mgmt Lp has invested 2.78% in IAC InterActiveCorp (NASDAQ:IAC). Eaton Vance holds 0% or 17,583 shares. Robeco Institutional Asset Mngmt Bv stated it has 12,621 shares or 0.01% of all its holdings. Canandaigua Savings Bank & Tru Co stated it has 3,686 shares. Oppenheimer Asset Management Inc holds 0.01% or 5,202 shares in its portfolio. M&T Financial Bank Corp holds 0% of its portfolio in IAC InterActiveCorp (NASDAQ:IAC) for 4,191 shares. Raymond James Na holds 0.02% of its portfolio in IAC InterActiveCorp (NASDAQ:IAC) for 2,334 shares. Wellington Mngmt Grp Incorporated Llp invested in 28,087 shares. Marco Invest Ltd Liability Company accumulated 0.25% or 14,609 shares. Franklin Resources Inc holds 0.02% or 300,000 shares in its portfolio. Manufacturers Life Insur The stated it has 0% of its portfolio in IAC InterActiveCorp (NASDAQ:IAC). Pictet Asset owns 0.08% invested in IAC InterActiveCorp (NASDAQ:IAC) for 244,532 shares. Cap Global Investors holds 917,990 shares.

Contour Asset Management Llc decreased its stake in Iac Interactivecorp (IACI) by 26.18% based on its latest 2017Q2 regulatory filing with the SEC. Contour Asset Management Llc sold 275,564 shares as the company’s stock 0.00% . The hedge fund held 776,975 shares of the other specialty stores company at the end of 2017Q2, valued at $80.22 million, down from 1.05M at the end of the previous reported quarter. Contour Asset Management Llc who had been investing in Iac Interactivecorp for a number of months, seems to be less bullish one the $10.27 billion market cap company. The stock declined 0.94% or $1.22 reaching $128.75 per share. About 406,539 shares traded. IAC InterActiveCorp (NASDAQ:IACI) has 0.00% since November 7, 2016 and is . It has underperformed by 16.70% the S&P500.

Contour Asset Management Llc, which manages about $2.80B and $1.66B US Long portfolio, upped its stake in Marvell Technology Group Ltd (NASDAQ:MRVL) by 944,622 shares to 9.19 million shares, valued at $151.87 million in 2017Q2, according to the filing. It also increased its holding in Symantec Corp (NASDAQ:SYMC) by 550,096 shares in the quarter, for a total of 3.35 million shares, and has risen its stake in Workday Inc (NYSE:WDAY).

More news for IAC InterActiveCorp (NASDAQ:IAC) were recently published by: Streetinsider.com, which released: “IAC/InterActiveCorp (IAC) PT Raised to $160 at BMO Capital on Model Update …” on October 13, 2017. Nasdaq.com‘s article titled: “Westwood Management Corp Buys Texas Instruments Inc, IAC/InterActiveCorp …” and published on October 28, 2017 is yet another important article.

IAC InterActiveCorp (NASDAQ:IAC) Ratings Coverage

Among 5 analysts covering InterActiveCorp (NASDAQ:IACI), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. InterActiveCorp had 14 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of IAC InterActiveCorp (NASDAQ:IAC) has “Buy” rating given on Tuesday, January 12 by Axiom Capital. The rating was initiated by Susquehanna with “Positive” on Friday, January 15. The firm earned “Buy” rating on Tuesday, October 13 by Guggenheim. The rating was maintained by RBC Capital Markets on Wednesday, October 28 with “Sector Perform”. The stock has “Buy” rating by Benchmark on Wednesday, July 29. The stock of IAC InterActiveCorp (NASDAQ:IAC) has “Positive” rating given on Monday, January 18 by Susquehanna. The firm has “Buy” rating by Needham given on Friday, November 20. The stock of IAC InterActiveCorp (NASDAQ:IAC) earned “Buy” rating by Benchmark on Saturday, August 22. The firm earned “Buy” rating on Tuesday, September 22 by Axiom Capital. The stock has “Buy” rating by UBS on Friday, August 14.

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