MEDIAALPHA INC. A DL -,01

Pat Thompson will step down as CFO on October 1, 2026; his successor will be Tigran Sinanyan, who served as CFO from 2015–2021 and returned in 2025 as senior vice president of finance. Thompson will remain in office until October 30, 2026 and will be available as an adviser through February 2027 to ensure a smooth transition. MediaAlpha updates its outlook for the third quarter of 2026 and expects revenue, contribution and adjusted EBITDA at or above the high end of the previously communicated ranges. » Mere på de.investing.com

Mediaalpha shares fell 1.5% in premarket trading to $12.75 after JPMorgan initiated coverage with a “Neutral” rating and a $15.00 price target. The bank highlights an average revenue CAGR of 34% from 2022–2025 and an acceleration of Q2 growth to 26%, but sees limited short-term outperformance catalysts. Weighing on the stock were insider sales by CEO Steven Yi (about 161,000 shares) and a weaker overall market, despite Mediaalpha reporting record Q2 revenue and issuing a Q3 revenue outlook of $330–355 million. » Mere på de.investing.com

MediaAlpha reported at the Canaccord conference continued sequential growth (10–11 quarters) and sees its Q3 guidance above market expectations for revenue and profitability. Advertising spend is broadening beyond the top insurers; ranks 3–5 increased their spend in H1 2026 by 300–400% year-on-year. The business benefits from a mix shift toward higher‑margin transactions on the open marketplace and from stronger use of managed services. Management also identifies AI‑generated traffic and broker-based insurers as important long‑term growth drivers. » Mere på de.investing.com