Aristeia Capital Bought Nearly 3 Million IAC Shares. Is the Stock a Buy?

2026-03-04 17:46:39 ET

In its SEC filing dated February 17, 2026, Aristeia Capital, L.L.C. reported purchasing 2,861,871 additional shares of IAC (NASDAQ:IAC) , bringing its total stake to 5,702,459 shares. The estimated value of shares bought was $100.22 million, calculated using the quarter’s average closing price.

The fund’s quarter-end position value in IAC increased by $126.19 million, a figure that reflects both the share increase and price movement during the period.

This was a buy; IAC now represents 4.83% of Aristeia Capital, L.L.C.’s 13F reportable assets under management.

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