MediaAlpha (NYSE:MAX – Get Free Report) is scheduled to release its earnings data after the market closes on Wednesday, July 31st. Analysts expect MediaAlpha to post earnings of $0.02 per share for the quarter. MediaAlpha has set its Q2 2024 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.
MediaAlpha (NYSE:MAX – Get Free Report) last issued its earnings results on Wednesday, May 1st. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.09. The firm had revenue of $126.60 million during the quarter, compared to analyst estimates of $111.17 million. The business’s quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.23) earnings per share. On average, analysts expect MediaAlpha to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
MediaAlpha Stock Performance
Shares of MAX opened at $14.59 on Tuesday. MediaAlpha has a one year low of $7.62 and a one year high of $25.78. The stock has a 50-day moving average of $15.52 and a 200-day moving average of $16.98.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on MediaAlpha
Insider Activity at MediaAlpha
In related news, major shareholder Insignia Capital Partners Gp, sold 2,589,800 shares of MediaAlpha stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $19.00, for a total value of $49,206,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, major shareholder Insignia Capital Partners Gp, sold 2,589,800 shares of the business’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of $19.00, for a total transaction of $49,206,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Mountains Insurance Grou White sold 5,000,200 shares of the business’s stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $19.00, for a total transaction of $95,003,800.00. Following the transaction, the insider now owns 17,856,614 shares of the company’s stock, valued at $339,275,666. The disclosure for this sale can be found here. 11.53% of the stock is owned by company insiders.
About MediaAlpha
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.
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