Lendingtree Inc (TREE) President Neil Salvage Sells 9,468 Shares

New York state teachers retirement System grew its stake in Lendingtree Inc (NASDAQ:TREE) by 2.8% in the 2nd quarter, according to the company in its most recent filing with the Securities.

Neil Salvage. Mr. Neil Salvage is General Manager at Perform Local, Inc. and President at LendingTree, Inc. Mr. Salvage was previously employed as Executive Vice President-Sales & Service by Citysearch, Inc. He received his undergraduate degree from the University of South Carolina and a graduate degree from Webster University.

Lendingtree Inc (NASDAQ:TREE) President Neil Salvage sold 20,405 shares of the business’s stock in a transaction on Friday, July 5th. The stock was sold at an average price of $435.37, for a total transaction of $8,883,724.85.

Lendingtree Inc (NASDAQ:TREE) president neil salvage sold 3,483 shares of the firm’s stock in a transaction dated Tuesday, July 9th. The stock was sold at an average price of $425.00, for a total value of $1,480,275.00. Following the transaction, the president now directly owns 7,821 shares in the company, valued at approximately $3,323,925.

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Such explosive growth has propelled LendingTree’s stock into the stratosphere. As of late August, its shares had soared 120% this. they would pay higher fees," says Neil Salvage, LendingTree’s.

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ValuEngine lowered shares of Lendingtree (NASDAQ:TREE) from a buy rating to a hold rating in a research note published on Monday morning, ValuEngine reports. A number of other research analysts have also issued reports on the company. Compass Point restated a buy rating and set a $345.00 price objective (up previously from $305.00) on shares [.]

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