Pacer Advisors Inc. Reduces Stake in MediaAlpha, Inc. $MAX

Market Beat
2025.12.31 10:24
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Pacer Advisors Inc. reduced its stake in MediaAlpha, Inc. (NYSE:MAX) by 26.2% in Q3, now holding 246,427 shares valued at $2.8 million. Other institutional investors, including Clearline Capital and JPMorgan Chase, have increased their positions. Insider transactions included sales by directors, with insiders owning 11.53% of the stock. Analysts have raised price targets, with an average target of $17.25 and a consensus rating of "Moderate Buy" following positive quarterly results showing revenue growth and an EPS beat.