New insider activity at Lendingtree ( (TREE) ) has taken place on March 14, 2025.
COO Scott Peyree has made a significant investment in Lendingtree by purchasing 32,057 shares of the company’s stock. This transaction is valued at $1,375,428, highlighting a strong vote of confidence in the company’s future prospects.
Recent Updates on TREE stock
In the last 24 hours, LendingTree’s stock has been influenced by its strong Q4 earnings report, which exceeded expectations with a consolidated revenue of $261.5 million and a GAAP net income of $7.5 million. The company’s performance was driven by significant growth across its Insurance, Home, and Consumer segments, with the Insurance segment showing a remarkable 188% year-over-year revenue increase. Analysts have adjusted their price targets for LendingTree, reflecting both the company’s impressive earnings and broader market conditions. Needham lowered its price target due to lower valuations for lead-gen stocks, despite the company’s revenue upside driven by improvements in HELOC demand and lending recovery. Conversely, JPMorgan raised its price target, citing positive trends across all segments for the first time in years and an overall strong fiscal 2025 outlook. Keefe Bruyette also adjusted its price target, acknowledging the company’s upbeat business momentum. Overall, LendingTree’s strategic focus and robust financial performance have contributed to a positive market sentiment.
More about Lendingtree
YTD Price Performance: 18.00%
Average Trading Volume: 254,939
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $551.1M