Top 5 Stock Picks of Michael Doheny’s Freshford Capital

3. IAC/InterActiveCorp (NASDAQ:IAC)

Freshford Capital’s Stake Value: $57.46 million

Percent of 13F Portfolio: 8.19%

Number of Hedge Fund Holders: 50

With 441,023 shares valued at $57.46 million, IAC/InterActiveCorp (NASDAQ:IAC) is ranked third on the top 10 stock picks list of Michael Doheny’s Freshford Capital.

IAC/InterActiveCorp (NASDAQ:IAC) acts as a holding company and operates internet services like Vimeo, Dotdash, and Care.com.

In the September quarter of 2021, the company reported an EPS of $0.38, beating the market estimates by $0.71. On November 08, 2021, Piper Sander raised its price target on the company to $168 from $158 and kept an “Overweight” rating on the shares.

50 hedge funds have stakes in IAC/InterActiveCorp (NASDAQ:IAC) valued at $1.22 billion in the second quarter of 2021, according to the database of Insider Monkey.