SEC Form SC 13G/A filed by Match Group Inc. (Amendment)

2/10/22 11:37:12 AM ET

Computer Software: Programming Data Processing

Technology

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SC 13G/A 1 MTCH1221.txt 13G AMENDED ANNUAL FILING (MTCH) Securities and Exchange Commission Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.1)* December 31, 2021 (Date of event which requires filing of this statement) Check the appropriate box to designate the rule pursuant to which this schedule is filed: (X) Rule 13d-1(b) ( ) Rule 13d-1(c) ( ) Rule 13d-1(d) Name of Issuer: Match Group, Inc. Title of Class of Securities: Common Stock CUSIP Number: 57667L107 *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP Number: 57667L107 1. Name of Reporting Person: Jennison Associates LLC S.S. or I.R.S. Identification No. of Above Person: IRS Identification #52-2069785 (formerly 13-2631108) 2. Check the Appropriate Box if a Member of a Group: Not Applicable 3. SEC Use Only 4. Citizenship or Place of Organization: Delaware Number of Shares Beneficially Owned By Each Reporting Person With: 5. Sole Voting Power: 11,861,522 shares 6. Shared Voting Power: 0 shares 7. Sole Dispositive Power: 0 shares 8. Shared Dispositive Power: 12,494,656 shares 9. Aggregate Amount Beneficially Owned by Each Reporting Person: 12,494,656 shares 10. Check Box if the Aggregate Amount in Row 9 Excludes Certain Shares: ( ) 11. Percent of Class Represented by Amount in Row 9: 4.4% 12. Type of Reporting Person*: IA Item 1(a) Name of Issuer: Match Group, Inc. Item 1(b) Address of Issuer's Principal Executive Offices: 8750 North Central Expressway Suite 1400 Dallas, TX 75231 Item 2(a) Name of Person Filing: Jennison Associates LLC Item 2(b) Address of Principal Business Office or Residence: 466 Lexington Avenue New York, NY 10017 Item 2(c) Citizenship: Delaware Item 2(d) Title of Class of Securities: Common Stock Item 2(e) CUSIP Number: 57667L107 Item 3 If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b), or (c) check whether the person filing is a: (a) ( ) Broker or Dealer registered under Section 15 of the Act (b) ( ) Bank as defined in Section 3(a) (6) of the Act (c) ( ) Insurance Company as defined in Section 3(a) (19) of the Act (d) ( ) Investment Company registered under Section 8 of the Investment Company Act (e) (X) Investment Adviser in accordance with Section 240.13d-1(b) (1) (ii) (E) (f) ( ) Employee Benefit Plan, Pension Fund which is subject to the provision of the Employee Retirement Income Security Act of 1974 or Endowment Fund in accordance with Section 240.13d-1(b) (ii) (F) (g) ( ) Parent Holding Company or control person, in accordance with Section 240.13(b) (ii) (G) (h) ( ) A savings association as defined by Section 3(b) of the Federal Deposit Insurance Act (i)( ) A church plan that is excluded from the definition of an investment company under Section 3(c) (4) of the Investment Company Act of 1940. (j)( ) Group, in accordance with Section 240.13d-1(b) (1) (ii) (J). If this statement is filed pursuant to Section 240.13d-1(c), check this box. ( ) Item 4 Ownership: Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount Beneficially Owned: 12,494,656 shares (b) Percent of Class: 4.4% (c) Number of shares as to which the person has: (i) sole power to vote or to direct the vote: 11,861,522 shares (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 0 (iv) shared power to dispose or to direct the disposition of: 12,494,656 shares Jennison Associates LLC ("Jennison") furnishes investment advice to several investment companies, insurance separate accounts, and institutional clients ("Managed Portfolios"). As a result of its role as investment adviser of the Managed Portfolios, Jennison may be deemed to be the beneficial owner of the shares of the Issuer's Common Stock held by such Managed Portfolios. Prudential Financial, Inc. ("Prudential") indirectly owns 100% of equity interests of Jennison. As a result, Prudential may be deemed to have the power to exercise or to direct the exercise of such voting and/or dispositive power that Jennison may have with respect to the Issuer's Common Stock held by the Managed Portfolios. Jennison does not file jointly with Prudential, as such, shares of the Issuer's Common Stock reported on Jennison's 13G may be included in the shares reported on the 13G filed by Prudential. These shares were acquired in the ordinary course of business, and not with the purpose or effect of changing or influencing control of the Issuer. The filing of this statement should not be construed as an admission that Jennison is, for the purposes of Sections 13 or 16 of the Securities Exchange Act of 1934, the beneficial owner of these shares. Item 5 Ownership of Five Percent or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the securities, check the following (X). Item 6 Ownership of More than Five Percent on Behalf of Another Person: Our clients have the right to receive or the power to direct the receipt of dividends or the profits from the sale of such securities. No one client owns more than 5% of such security class. Item 7 Identification and Classification of the Subsidiary which Acquired the Security being Reported on by the Parent Holding Company: Not Applicable Item 8 Identification and Classification of Members of the Group: Not Applicable Item 9 Notice of Dissolution of Group: Not Applicable Item 10 Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are in held the ordinary course of business and were not acquired and are not held for the purpose of and do not have the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. After reasonable inquiry and to the best of my knowledge and belief, I certify that the correct information set forth in this statement is true, complete and correct. February 8, 2022 /s/ Beata Markowicz Beata Markowicz Vice President

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Recent Analyst Ratings for

$MTCH

Date	Price Target	Rating	Analyst
2/6/2025		Buy → Hold	HSBC Securities
2/6/2025	$35.00 → $35.00	Outperform → In-line	Evercore ISI
1/14/2025		Buy → Neutral	BTIG Research
12/18/2024	$40.00 → $33.00	Overweight → Neutral	Analyst
12/17/2024	$40.00 → $32.00	Buy → Hold	Jefferies
12/16/2024		Buy → Neutral	New Street
11/7/2024		Buy → Neutral	BofA Securities
8/5/2024	$43.20	Hold → Buy	HSBC Securities

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SEC Form SC 13G/A filed by Match Group Inc. (Amendment)

2/10/22 11:37:12 AM ET

$MTCH

Computer Software: Programming Data Processing

Technology

Get the next $MTCH alert in real time by email

Recent Analyst Ratings for

$MTCH

Date	Price Target	Rating	Analyst
2/6/2025		Buy → Hold	HSBC Securities
2/6/2025	$35.00 → $35.00	Outperform → In-line	Evercore ISI
1/14/2025		Buy → Neutral	BTIG Research
12/18/2024	$40.00 → $33.00	Overweight → Neutral	Analyst
12/17/2024	$40.00 → $32.00	Buy → Hold	Jefferies
12/16/2024		Buy → Neutral	New Street
11/7/2024		Buy → Neutral	BofA Securities
8/5/2024	$43.20	Hold → Buy	HSBC Securities

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SEC Form SC 13G/A filed by Match Group Inc. (Amendment)

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SEC Form SC 13G/A filed by Match Group Inc. (Amendment)

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Analyst Ratings

Match Group downgraded by HSBC Securities

Match Group downgraded by Evercore ISI

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Insider Purchases

Chief Executive Officer Rascoff Spencer M bought $1,988,247 worth of shares (70,885 units at $28.05), increasing direct ownership by 106% to 137,478 units (SEC Form 4)

Director Schiffman Glenn bought $103,410 worth of shares (3,000 units at $34.47), increasing direct ownership by 10% to 33,827 units (SEC Form 4)

Chief Executive Officer Rascoff Spencer M bought $2,049,704 worth of shares (59,560 units at $34.41) (SEC Form 4)

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SEC Filings

Match Group Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits

SEC Form SCHEDULE 13G filed by Match Group Inc.

Match Group Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits

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Press Releases

Match Group to Present at the Citi Global TMT Conference

Match Group Announces Second Quarter Results

Match Group to Announce Second Quarter 2025 Results

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Insider Trading

Director Bailey Stephen sold $458,951 worth of shares (12,500 units at $36.72), decreasing direct ownership by 61% to 8,058 units (SEC Form 4)

Director Schiffman Glenn was granted 30 shares, increasing direct ownership by 0.07% to 43,013 units (SEC Form 4)

SEC Form 4 filed by Director Seymon Pamela

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Leadership Updates

Match Group Promotes Steven Bailey as Chief Financial Officer; Gary Swidler to Continue as President

Match Group Names Sean Edgett Chief Legal Officer & Secretary

Match Group Appoints Laura Jones and Spencer Rascoff to Board of Directors

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Large Ownership Changes

Amendment: SEC Form SC 13G/A filed by Match Group Inc.

SEC Form SC 13D filed by Match Group Inc.