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

Mr. Neil Salvage has been the President at LendingTree, Inc. since November 2016. Mr. Salvage served as Chief Revenue Officer at LendingTree, Inc. since June 2015 until November 2016.

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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.

President, Salvage Neil, sold 1,370 common shares of LendingTree, Inc. (TREE) in the open market. In a transaction dated May. 16, 2019, the shares were put up for sale at an average price of $393, raking in a sum of $538,410. After this sale, 9,301 common shares of TREE are directly owned by the insider, with total stake valued at $3,906,699.

World News Story: Long-Term Mortgage Rates Fall as 30-Year Average Hits 3.82% Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage dipped to 3.82% from 3.99% last week. By contrast, a year ago the benchmark rate stood at 4.54%. The average rate for 15-year, fixed-rate home loans declined this week to 3.28% from 3.46%.

Such explosive growth has propelled LendingTree’s stock into the stratosphere. As of late August, its shares had soared 120% this year, to $223. Since going public in 2008, LendingTree (TREE. says.

On Thursday, May 30th, Neil Salvage sold 9,468 shares of Lendingtree stock. The shares were sold at an average price of $374.33, for a total transaction of $3,544,156.44. On Thursday, May 16th, neil salvage sold 1,370 shares of Lendingtree stock. The shares were sold at an average price of $393.00, for a total transaction of $538,410.00. NASDAQ:TREE opened at $418.14 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.63 and a current ratio of 0.63.

Neil Salvage, President at Lendingtree Inc (TREE), has a 50.0% success rate when buying and selling stocks.

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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 [.]

Aug 22, 2018, 4:32 p.m. Company Description. LendingTree, Inc. engages in the operation of online loan marketplace for consumers seeking loans and other credit-based offerings. It provides mortgage loans, home equity, reverse mortgage, auto loans, credit cards, personal loans, student loans, and small business loans. The company was founded Do.

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.