Y Intercept Hong Kong Ltd Has $1.78 Million Position in MediaAlpha, Inc. $MAX

Y Intercept Hong Kong Ltd lifted its holdings in MediaAlpha, Inc. (NYSE:MAX) by 519.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 162,747 shares of the company’s stock after purchasing an additional 136,459 shares during the period. Y Intercept Hong Kong Ltd’s holdings in MediaAlpha were worth $1,782,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Arizona State Retirement System acquired a new stake in MediaAlpha in the 1st quarter valued at approximately $95,000. Pallas Capital Advisors LLC acquired a new position in shares of MediaAlpha during the second quarter worth approximately $111,000. EntryPoint Capital LLC bought a new stake in shares of MediaAlpha in the first quarter valued at approximately $137,000. Cerity Partners LLC acquired a new stake in shares of MediaAlpha in the first quarter worth $150,000. Finally, CWM LLC increased its position in MediaAlpha by 151.8% during the first quarter. CWM LLC now owns 16,523 shares of the company’s stock worth $153,000 after acquiring an additional 9,962 shares during the period. Institutional investors own 64.39% of the company’s stock.

Insider Buying and Selling at MediaAlpha

In related news, CRO Keith Cramer sold 20,000 shares of MediaAlpha stock in a transaction dated Tuesday, August 12th. The shares were sold at an average price of $9.73, for a total transaction of $194,600.00. Following the completion of the transaction, the executive directly owned 167,200 shares of the company’s stock, valued at $1,626,856. This trade represents a 10.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Kathy P. Vrabeck purchased 31,000 shares of MediaAlpha stock in a transaction on Tuesday, August 12th. The stock was purchased at an average price of $9.60 per share, for a total transaction of $297,600.00. Following the completion of the transaction, the director owned 129,657 shares of the company’s stock, valued at approximately $1,244,707.20. This represents a 31.42% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold a total of 29,669 shares of company stock worth $297,873 in the last 90 days. 13.44% of the stock is owned by corporate insiders.

MediaAlpha Trading Up 4.3%

Shares of MAX opened at $12.76 on Friday. MediaAlpha, Inc. has a 1 year low of $7.33 and a 1 year high of $20.72. The stock has a 50 day simple moving average of $11.60 and a 200-day simple moving average of $10.66. The stock has a market cap of $866.57 million, a PE ratio of -425.02 and a beta of 1.20.

MediaAlpha (NYSE:MAX) last announced its quarterly earnings results on Wednesday, October 29th. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.21 by $0.05. MediaAlpha had a negative return on equity of 71.02% and a negative net margin of 0.10%.The business had revenue of $306.51 million for the quarter, compared to analyst estimates of $283.30 million. During the same quarter in the previous year, the firm earned $0.17 EPS. MediaAlpha’s quarterly revenue was up 18.3% on a year-over-year basis. MediaAlpha has set its Q4 2025 guidance at EPS. On average, sell-side analysts forecast that MediaAlpha, Inc. will post 0.48 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on MAX. JPMorgan Chase & Co. upped their price objective on shares of MediaAlpha from $14.00 to $15.00 and gave the company an “overweight” rating in a research report on Thursday. Keefe, Bruyette & Woods upped their price target on MediaAlpha from $18.00 to $19.00 and gave the company an “outperform” rating in a report on Thursday. Weiss Ratings reissued a “sell (d-)” rating on shares of MediaAlpha in a report on Wednesday, October 8th. Wall Street Zen upgraded MediaAlpha from a “hold” rating to a “strong-buy” rating in a research report on Saturday. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and issued a $15.00 target price on shares of MediaAlpha in a research report on Thursday. Five research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $17.25.

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.