Lendingtree (TREE) Earning Somewhat Favorable Media Coverage, Report Shows
News headlines about Lendingtree (NASDAQ:TREE) have trended somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lendingtree earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 45.5016270482966 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news stories that may have impacted Accern’s scoring:
- Upgrade, Inc. Rated #1 Personal Loan by LendingTree (bizjournals.com)
- Insider Selling: Lendingtree Inc (TREE) Insider Sells 4,800 Shares of Stock (americanbankingnews.com)
- Lendingtree Inc (TREE) Director Gabriel Dalporto Sells 46,876 Shares (americanbankingnews.com)
- rateGenius Awarded Top 3 in Auto Customer Satisfaction by LendingTree for 7th Consecutive Quarter (bizjournals.com)
- LendingTree Releases Monthly Mortgage Offer Report for January (finance.yahoo.com)
Shares of Lendingtree (NASDAQ:TREE) opened at $348.65 on Tuesday. Lendingtree has a 52 week low of $111.88 and a 52 week high of $404.40. The company has a market capitalization of $4,170.00, a price-to-earnings ratio of 137.81, a P/E/G ratio of 1.84 and a beta of 1.62. The company has a quick ratio of 3.86, a current ratio of 3.86 and a debt-to-equity ratio of 0.78.
In related news, CAO Carla Shumate sold 2,414 shares of the firm’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $275.00, for a total value of $663,850.00. Following the completion of the sale, the chief accounting officer now owns 4,841 shares of the company’s stock, valued at $1,331,275. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Douglas R. Lebda sold 4,000 shares of the firm’s stock in a transaction on Wednesday, January 3rd. The stock was sold at an average price of $350.36, for a total value of $1,401,440.00. Following the completion of the sale, the chief executive officer now directly owns 536,878 shares of the company’s stock, valued at approximately $188,100,576.08. The disclosure for this sale can be found here. Insiders sold 136,090 shares of company stock valued at $43,811,407 in the last ninety days. 21.90% of the stock is currently owned by insiders.
LendingTree, Inc (LendingTree) is engaged in operating an online loan marketplace for consumers seeking loans and other credit-based offerings. The Company’s online marketplace provides consumers with access to product offerings from various lenders, which it refers to as Network Lenders, including mortgage loans, home equity loans and lines of credit, reverse mortgage loans, auto loans, credit cards, personal loans, student loans, small business loans and other related offerings.
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