Is MediaAlpha Inc (NYSE: MAX) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

MAX belongs to the Communication Services sector of the NYSE while operating in the Internet Content & Information industry. The current market capitalization of MediaAlpha Inc is $600.15M. A total of 0.63 million shares were traded on the day, compared to an average of 522.55K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, MAX has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.

In the most recent transaction, Nonko Eugene sold 72,000 shares of MAX for 20.67 per share on Oct 30 ’24. After the transaction, the insider now owns 1,550,990 company shares. In a previous transaction on Oct 30 ’24, Yi Steven sold 72,000 shares at 20.66 per share. MAX shares that the insider owns now total 2,312,162.

Among the insiders who bought shares, Yi Steven acquired of 72,000 shares on Oct 30 ’24 at a per-share price of $20.66. In another insider transaction, Nonko Eugene bought 72,000 shares at $20.67 per share on Oct 30 ’24.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for MAX in the last 3 months, the mean price target is $17.29 with high estimates of $27.00 and low estimates of $13.00. In terms of 52-week highs and lows, MAX has a high of $25.78 and a low of $8.65.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. MAX’s latest balance sheet shows that the firm has $50.56M in Cash & Short Term Investments as of fiscal 2021. There were $186.80M in debt and $84.22M in liabilities at the time. Its Book Value Per Share was $0.04, while its Total Shareholder’s Equity was -$61.57M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MAX is Buy with a score of 4.50.

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