Match Group director Glenn Schiffman acquires $109,890 in stock

Match Group Inc. director Glenn Schiffman acquired 3,000 shares of the company's stock on August 11th. The transaction was completed at an average cost of $36.63 per share, totaling approximately $109,890.

Following this purchase, Schiffman's direct holdings increased by 5.62% to a total of 56,370 shares, valued at roughly $2,064,833. The transaction was disclosed in a filing with the Securities and Exchange Commission.

In its most recent quarterly earnings report released on August 4th, Match Group reported earnings per share of $0.70, exceeding analyst estimates of $0.65. However, quarterly revenue of $853.11 million fell slightly below the expected $857.77 million, representing a 1.2% decline compared to the same period last year.