IAC (IAC)
Owner of People Inc. with strategic stakes in MGM Resorts and Turo.
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IAC is a NASDAQ-listed media and internet company centered on People Inc., a large U.S. digital and print publisher. It also holds strategic equity positions in MGM Resorts International and Turo as it narrows away from older internet holdings.
IAC Inc. is a media and internet company whose operating focus has shifted toward People Inc., its portfolio of digital and print publishing brands including PEOPLE, Food & Wine, Better Homes & Gardens, Southern Living, Travel + Leisure, Investopedia and Verywell. The company earns from digital advertising, performance marketing, subscriptions, newsstand sales and related publishing products, while its remaining search assets include Ask Media Group and legacy desktop search operations.
IAC has also used spin-offs and asset sales to simplify the portfolio: Angi became independent in 2025, and IAC agreed in 2026 to sell Care.com. Management has announced a planned corporate name change to People Incorporated by August 2026, reflecting a tighter focus on publishing and its investment in MGM Resorts International. Its main dependencies include advertising demand, digital audience growth, platform traffic patterns, print economics and the performance of its strategic holdings.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $1.11B · Total debt $1.41B · Total assets $7.52B · Shareholders' equity $5.08B
- Revenue
- $436.7M
- Operating income
- −$14.3M
- Net income
- $506.9M
No dividends on record.
| Institutions | ≥ 90.88% | 67.67M shares | |
|---|---|---|---|
| 346 holders · as of Jun 30, 2026 · largest filers only | |||
| Insiders | 11.54% | 8.59M shares | |
| 15 holders · as of Jun 22, 2026 | |||
| Strategic holders | 6.13% | 4.56M shares | |
| 1 holder · as of Aug 14, 2025 | |||
| Adds to | 108.55% | ||
74.46M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Institutional filings for PPLI (92% of the company) are not on file here, so the institutional figure is a floor.
This quarter's institutional total failed a plausibility check; shown: the 98 largest filers, so at least this.
These groups come from separate filings that can overlap, so they add to 108.55%; nothing is left for Other.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 10.37% | 7.72M | as of Jun 30, 2026 |
Barry Diller1Insiderdirector, officer: Chairman & Senior Executive | 8.85% | 6.59M | filed Jun 22, 2026 |
Aristeia Capital LLCInstitution | 8.19% | 6.10M | as of Jun 30, 2026 |
Helikon Investments LtdInstitution | 7.59% | 5.65M | as of Jun 30, 2026 |
HighSage Ventures LLCStrategic | 6.13% | 4.56M | filed Aug 14, 2025 |
- Barry Diller's transaction reports restate only vehicles that traded; the 2026 ownership statement (6.59M) is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| May 12, 2026 | Michael H. Schwerdtman | officer: SVP and CAO | −6,878 | $40.54 |
Not reported.