5 Best Feminist Stocks to Invest In

4. Match Group, Inc. (NASDAQ:MTCH)

Number of Hedge Fund Holders: 54 

Director and ex-CEO: Shar Dubey

Match Group, Inc. (NASDAQ:MTCH) provides dating products worldwide. It is one of the elite feminist stocks to invest in. On July 13, Match Group said that it has acquired another dating app, The League, a members-only dating app. The financial terms of the deal were not disclosed. 

On October 4, JPMorgan analyst Cory Carpenter maintained an Overweight rating on Match Group, Inc. (NASDAQ:MTCH) stock and lowered the price target to $75 from $90, noting that the visibility around the Tinder turnaround and Japan trends will remain limited in Q3 earnings. 

At the end of the second quarter of 2022, 54 hedge funds in the database of Insider Monkey held stakes worth $847 million in Match Group, Inc. (NASDAQ:MTCH), compared to 55 in the preceding quarter worth $1.9 billion. 

In its Q4 2021 investor letter, Arch Capital Management, an asset management firm, highlighted a few stocks and Match Group, Inc. (NASDAQ:MTCH) was one of them. Here is what the fund said:

“We are long Match Group, Inc. (NASDAQ:MTCH) stock because it is the dominant player in online dating, giving it immense and growing power over the population of single people worldwide. This may seem like a callous way to describe the business, but it is the proper way to look at it from an investment lens.

For those that are unaware, Match Group owns every popular online dating property outside of Bumble, Badoo, and Grindr. Its apps and services include Tinder, Hinge, Match.com. BLK, Chispa, and many others…

In conjunction with this letter, we have published a report on Match Group. You can find it here: https://www.archcapitalfund.com/letters”