JPMorgan Chase & Co. Has $1.38 Million Position in MediaAlpha, Inc. (NYSE:MAX)

2025-04-26T07:20:53Z

JPMorgan Chase & Co. lifted its holdings in MediaAlpha, Inc. (NYSE:MAX – Free Report) by 52.8% in the 4th quarter, Holdings Channel reports. The firm owned 122,386 shares of the company’s stock after buying an additional 42,315 shares during the quarter. JPMo…

A number of other institutional investors and hedge funds also recently made changes to their positions in MAX. Hillsdale Investment Management Inc. boosted its holdings in shares of MediaAlpha by 0.4% during the 4th quarter. Hillsdale Investment Management Inc. now owns 208,900 shares of the company’s stock worth $2,358,000 after buying an additional 800 shares during the period. Rhumbline Advisers grew its position in MediaAlpha by 4.3% during the fourth quarter. Rhumbline Advisers now owns 43,431 shares of the company’s stock worth $490,000 after buying an additional 1,782 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of MediaAlpha during the 4th quarter worth approximately $67,000. US Bancorp DE increased its holdings in MediaAlpha by 35.6% in the 4th quarter. US Bancorp DE now owns 23,547 shares of the company’s stock valued at $266,000 after buying an additional 6,184 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its stake in MediaAlpha by 73.3% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 21,140 shares of the company’s stock valued at $239,000 after acquiring an additional 8,938 shares during the period. Institutional investors and hedge funds own 64.39% of the company’s stock.

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MediaAlpha Stock Down 1.1 %

Shares of MAX stock opened at $8.38 on Friday. The firm has a fifty day moving average of $8.96 and a 200-day moving average of $11.68. The firm has a market capitalization of $561.71 million, a price-to-earnings ratio of 49.29 and a beta of 1.11. MediaAlpha, Inc. has a 12-month low of $7.33 and a 12-month high of $25.78.

Analyst Upgrades and Downgrades

MediaAlpha ( NYSE:MAX Get Free Report ) last posted its earnings results on Monday, February 24th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.16). MediaAlpha had a negative return on equity of 11.98% and a net margin of 1.41%. The business had revenue of $300.65 million for the quarter, compared to the consensus estimate of $289.38 million. Research analysts expect that MediaAlpha, Inc. will post 0.48 earnings per share for the current year.

Several research analysts have issued reports on MAX shares. The Goldman Sachs Group dropped their price objective on MediaAlpha from $14.00 to $12.50 and set a “buy” rating for the company in a research note on Monday, April 14th. BMO Capital Markets dropped their target price on shares of MediaAlpha from $27.00 to $23.00 and set an “outperform” rating for the company in a research note on Thursday, April 3rd. Keefe, Bruyette & Woods decreased their price objective on MediaAlpha from $19.00 to $16.00 and set an “outperform” rating on the stock in a research report on Tuesday. Royal Bank of Canada reissued an “outperform” rating and set a $20.00 price objective on shares of MediaAlpha in a report on Tuesday, February 25th. Finally, Canaccord Genuity Group reduced their price objective on shares of MediaAlpha from $30.00 to $26.00 and set a “buy” rating on the stock in a research note on Monday, February 24th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $17.21.

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About MediaAlpha

(Free Report)

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.