From MarketBeat: Riverbridge Partners LLC Reduces Holdings in IAC Inc. (NASDAQ:IAC)
From MarketBeat:
Riverbridge Partners LLC reduced its stake in IAC Inc. during the third quarter by 11.2%. The institutional investor owned 493,031 shares of the company’s stock after selling 61,900 shares. Several other hedge funds and institutional investors also adjusted their positions in IAC. The stock performance of ICA showed various buy and sell ratings from different research firms. ICA last posted its quarterly earnings data on November 7th reporting positive EPS. The company has been given a “Moderate Buy” rating by analysts. ICA operates as a media and internet company worldwide and IAC Inc. will post a -3.21% earnings per share for the current year.
The article also mentions that the report was generated by narrative science technology and financial data from MarketBeat to provide the fastest and most accurate reporting. Additional information regarding the performance of ICA and its market status is available through a separate free report link. The article concludes by providing a link to the five stocks that top analysts are quietly recommending to their clients, suggesting IAC was not among those stocks. The article encourages readers to view the five recommended stocks and consider other investments in the metaverse and public markets.
Original: Riverbridge Partners LLC Reduces Holdings in IAC Inc. (NASDAQ:IAC)