IAC (IAC)

Company Profile

IAC/InterActiveCorpare is guided by curiosity, a questioning of the status quo, and a desire to invent or acquire new products and brands. From the single seed that started as IAC 25 years ago have emerged 10 public companies and generations of exceptional leaders. company will always evolve, but its basic principle of financially-disciplined opportunism will never change. IAC today operates Vimeo, Dotdash and Care.com, among many others, and has majority ownership of ANGI Homeservices, which includes HomeAdvisor, Angie’s List and Handy. The company is headquartered in New York City and has business operations and satellite offices worldwide.

Company profile

Ticker

IAC

Exchange

NASDAQ

Website

www.iac.com

CEO

Joseph M. Levin

Incorporated

Delaware

Location

New York

Fiscal year end

Dec 31

Industry (SIC)

Services - Computer Programming, Data Processing, Etc.

Alphabet • Meta Platforms • Baidu • Rackspace Technology • IHS Markit • Sabre • Match • Bumble • Twitter • Cyxtera ...

Former names

IAC Holdings, Inc., IAC/InterActiveCorp

SEC CIK

0001800227

Corporate docs

Articles of Incorporation & Bylaws

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

24apps GmbH • AB Licensing, LLC • About Dotdash UK Limited • About Insurance Solutions, LLC • Accellab, LLC • AHWC, Inc. • Allrecipes.com, Inc. • Angi Contracting LLC • ANGI Group, LLC • Angi Inc. ...

IRS number

843727412

IAC stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$81.56

Low target

$61.00

High target

$123.00

Latest filings (excl ownership)

View all

9 May 23

Consolidated Financial Statements

9 May 23

8-K

Iac Reports Q1 2023 – Q1 Revenue of $1.1 Billion

9 May 23

ARS

2022 FY

Annual report to shareholders

1 May 23

DEFA14A

Additional proxy soliciting materials

1 May 23

Report of Independent Auditors

1 Mar 23

8-K

Iac Reports Q4 2022 – Q4 Revenue Increases 8% to $1.25 Billion

13 Feb 23

8-K

Departure of Directors or Certain Officers

2 Feb 23

Transcripts

View all

IAC

Earnings call transcript

2023 Q1

10 May 23

IAC

Earnings call transcript

2022 Q4

14 Feb 23

IAC

Earnings call transcript

2022 Q3

9 Nov 22

IAC

Earnings call transcript

2022 Q2

10 Aug 22

IAC

Earnings call transcript

2022 Q1

10 May 22

IAC

Earnings call transcript

2021 Q4

16 Feb 22

IAC

Earnings call transcript

2021 Q3

5 Nov 21

IAC

Earnings call transcript

2021 Q2

5 Aug 21

IAC

Earnings call transcript

2021 Q1

7 May 21

IAC

Earnings call transcript

2020 Q4

4 Feb 21

Latest ownership filings

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RICHARD F ZANNINO

16 May 23

Furstenberg Alexander Von

Financial summary

Financial statements Chart IAC financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.41 bn	1.41 bn	1.41 bn	1.41 bn	1.41 bn	1.41 bn
Cash burn (monthly)	6.17 mm	38.93 mm	(no burn)	62.45 mm	(no burn)	(no burn)
Cash used (since last report)	14.50 mm	91.48 mm	n/a	146.76 mm	n/a	n/a
Cash remaining	1.39 bn	1.32 bn	n/a	1.26 bn	n/a	n/a
Runway (months of cash)	225.8	33.8	n/a	20.2	n/a	n/a

Beta Read what these cash burn values mean

Financial data from IAC earnings reports.

Institutional ownership, Q1 2023

IAC institutional ownership history Ownership history

84.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	353	369	-4.3%
Opened positions	53	80	-33.8%
Closed positions	69	93	-25.8%
Increased positions	119	120	-0.8%
Reduced positions	114	115	-0.9%

13F shares	Current	Prev Q	Change
Total value	3.48 tn	3.24 tn	+7.3%
Total shares	67.40 mm	73.66 mm	-8.5%
Total puts	473.00 k	1.75 mm	-73.0%
Total calls	417.70 k	382.00 k	+9.3%
Total put/call ratio	1.1	4.6	-75.3%

Largest owners	Shares	Value	Change
Vanguard	7.63 mm	$393.56 bn	+1.4%
JPM JPMorgan Chase & Co.	5.19 mm	$267.66 bn	-6.8%
ShawSpring Partners	4.27 mm	$220.32 bn	+5.9%
BLK Blackrock	3.41 mm	$176.15 bn	-2.8%
T. Rowe Price	2.63 mm	$137.74 bn	-3.4%
Southeastern Asset Management	2.56 mm	$132.29 bn	-0.9%
First Manhattan	2.12 mm	$108.39 bn	-10.6%
Eagle Capital Management	2.07 mm	$107.06 bn	-2.5%
Davis Selected Advisers	1.85 mm	$95.46 bn	+0.7%
Freshford Capital Management	1.83 mm	$94.17 bn	+8.0%

Largest transactions	Shares	Bought/sold	Change
Canada Pension Plan Investment Board	0.00	-2.00 mm	EXIT
Baillie Gifford & Co	0.00	-1.51 mm	EXIT
Ubs Global Asset Management Americas	1.31 mm	+1.03 mm	+373.1%
Norges Bank	0.00	-901.71 k	EXIT
Millennium Management	0.00	-766.01 k	EXIT
Antara Capital	0.00	-755.75 k	EXIT
Scopus Asset Management	675.00 k	+675.00 k	NEW
Citadel Advisors	177.43 k	-541.76 k	-75.3%
59 North Capital Management	0.00	-426.46 k	EXIT
GS Goldman Sachs	526.15 k	-420.33 k	-44.4%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

IAC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
14 May 23	Zannino Richard F	Common Stock, par value $0.0001	Option exercise	Acquire M	No	No	549	48,255
14 May 23	Zannino Richard F	RSU Common Stock, par value $0.0001	Option exercise	Dispose M	No	No	549	549
14 May 23	Furstenberg Alexander Von	Common Stock, par value $0.0001	Option exercise	Acquire M	No	No	549	93,478
14 May 23	Furstenberg Alexander Von	RSU Common Stock, par value $0.0001	Option exercise	Dispose M	No	No	549	549
14 May 23	Spoon Alan G	Common Stock, par value $0.0001	Option exercise	Acquire M	No	No	549	232,197
14 May 23	Spoon Alan G	RSU Common Stock, par value $0.0001	Option exercise	Dispose M	No	No	549	549
14 May 23	Rosenblatt David S	Common Stock, par value $0.0001	Option exercise	Acquire M	No	No	549	75,524
14 May 23	Rosenblatt David S	RSU Common Stock, par value $0.0001	Option exercise	Dispose M	No	No	549	549
14 May 23	Lourd Bryan	Common Stock, par value $0.0001	Option exercise	Acquire M	No	No	549	157,253
14 May 23	Lourd Bryan	RSU Common Stock, par value $0.0001	Option exercise	Dispose M	No	No	549	549