Professional
Added to YB: 2026-04-21
Pitch date: 2026-04-17
IAC [neutral]
People Incorporated
-12.07%
current return
Author Info
Symmetry Invest is a portfolio that focuses on Small- and Mid-cap stocks primarily in Europe and the USA. The long-term objective is to deliver the highest possible growth in net asset value per share at the lowest possible risk. Visit their website.
Company Info
People Incorporated, together with its subsidiaries, operates as a media and internet company worldwide.
Market Cap
$3.0B
Pitch Price
$44.31
Price Target
N/A
Dividend
N/A
EV/EBITDA
15.48
P/E
6.94
EV/Sales
1.41
Sector
Interactive Media and Services
Category
value
Symmetry Invest A/S Portfolio Holding: IAC Inc.
IAC (holding update): 27% MGM stake = IAC's entire market cap; everything else (People Inc, 30% Turo, Vivian, Daily Beast, Manhattan HQ) essentially free. People digital rev +14% Q4'25 (best in 3yrs), non-session rev +37% YoY now 38% of total, overcame Google traffic drop via Apple/Meta/TikTok. IAC+MGM combined buybacks ~25% exposure increase w/o buying more shares. Trading 2.9x look-through FCF. IAC sold Care.com for $320M (11-12% mcap), continues trimming assets to fund buybacks. Potential spin-off of MGM stake ahead.
Read full article (5 min)