LendingTree, Inc. TREE
Nasdaq · Software
Aligned: insiders net buyers over 24 months, price 34% below insider cost
Current directors and officers hold 10.58% of shares outstanding, worth $36.54M at $24.61. The CEO's stake is worth 2.9x their annual cash pay. Over the last 24 months insiders bought $2.71M in the open market and sold $678,094 outside 10b5-1 plans and $0.00 under them. The stock trades 34% below the average price insiders paid in the open market.
Component breakdown
Skin in the game 12 / 20
How much the CEO and the insider group own, measured from their own Form 4 holdings.
| CEO stake as a multiple of cash pay A1 | See the value and its source | 4 / 12 |
|---|---|---|
| Insider group ownership A2 | See the value and its source | 8 / 8 |
Bought, not granted 15 / 15
Whether insiders put their own money in through open-market purchases, or only hold what they were awarded.
| CEO shares bought in the open market B1 | See the value and its source | 8 / 8 |
|---|---|---|
| Insiders who bought in the open market B2 | See the value and its source | 7 / 7 |
Above or below water 30 / 30
Where today's price sits against what insiders paid in the open market, and whether they still hold those shares. A price below insider cost is a better entry than insiders got.
| Price versus insider purchase cost W1 Free preview | -34.24% 20% or more below insider cost | 18 / 18 |
|---|---|---|
| Purchased shares still held W2 | See the value and its source | 12 / 12 |
Recent buying trends 15.9 / 25
Over the last 24 months: are insiders net buyers or sellers, how many bought together, and how recently.
A metric here is not applicable, so this component was rescaled to preserve its weight.
| Net insider buying C1 | See the value and its source | 10 / 10 |
|---|---|---|
| Option exercises sold the same day C2 | N/A, component rescaled | N/A |
| Conviction buying C3 | See the value and its source | 3 / 5 |
| Officer sales outside 10b5-1 plans C4 | See the value and its source | 0 / 3 |
| Most recent open-market purchase C5 | See the value and its source | 1 / 4 |
Dilution cost 0 / 10
How much equity compensation costs outside shareholders, from the company's XBRL financial data.
| Stock-based compensation versus market value F1 | See the value and its source | 0 / 6 |
|---|---|---|
| Diluted share count growth F2 | See the value and its source | 0 / 4 |
See the filings and arithmetic behind each part of TREE's score.
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Key insiders
| Name | Role | Owned | Multiple | Bought | 24-month activity |
|---|---|---|---|---|---|
| Peyree Scott | Chief Executive Officer | $3.0M | 2.9x | 38% | +$2.0M bought |
| LEBDA DOUGLAS R | Chairman & CEO and Director | $26.0M | — | 9% | +$516K bought |
| Olmstead Jill | Chief Human Resources Officer | $991K | — | 0% | No activity |
| Totman Scott V. | Chief Technology Officer | $632K | — | 15% | +$145K bought |
| Smith Ian Malcolm | Chief Operating Officer | $500K | — | 0% | No activity |
| Shumate Carla | Chief Accounting Officer | $483K | — | 0% | No activity |
| Bengel Jason | Chief Financial Officer | $382K | — | 0% | −$445K outside a plan |
| Novitsky Heather | General Counsel & Corp Sec. | $197K | — | 0% | −$144K outside a plan |
| ERNST MARK A | Director | $1.2M | — | 67% | No activity |
| OZONIAN STEVEN | Director | $511K | — | 0% | No activity |
| Sarasvathy Saras | Director | $475K | — | 0% | No activity |
| THOMPSON G KENNEDY | Director | $464K | — | 0% | No activity |
| Dalporto Gabriel | Director | $455K | — | 0% | No activity |
| Davidson Thomas M JR | Director | $446K | — | 0% | No activity |
| Henderson Robin | Director | $424K | — | 0% | No activity |
| Rodriguez Diego A | Director | $323K | — | 1% | +$4.8K bought −$88.6K outside a plan |
| All current directors and officers | 10.58% of shares outstanding | $36.5M | — | — | — |
Directors and officers who filed a Form 4 in the last 24 months. Owned is each person's latest reported non-derivative holdings (direct plus each indirect line, no options) at the price above. Multiple is the CEO's holdings divided by salary, bonus, and non-equity incentive from the latest proxy. Bought is the share of current holdings bought in the open market in the last five years.
Insider activity
Full activity24 months to Oct 05, 2026. Grants and shares withheld for tax are excluded: they are not decisions to buy or sell.
| Date | Insider | Transaction | Shares | Price | Value | Plan |
|---|---|---|---|---|---|---|
| Aug 25, 2025 | Bengel Jason | Sale outside a plan | 6,469 | $68.86 | $445K | — |
| Aug 25, 2025 | Rodriguez Diego A | Sale outside a plan | 1,200 | $69.78 | $83.7K | — |
| Aug 22, 2025 | Novitsky Heather | Sale outside a plan | 30 | $69.16 | $2.1K | — |
See every insider trade at TREE, classified by type.
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What insiders paid
Insider by insider6 insiders are sitting on a loss of $1.7M on the shares they bought in the open market (25.3% below what they paid)
Open-market purchases (Form 4 code P) in the five years to Oct 05, 2026, valued at $27.94 on Oct 31, 2026. Grants are excluded: they cost the insider nothing. Shares an insider has since sold are not counted — each person's purchases are capped at what they most recently reported holding, at their own average price paid. The score's "Above or below water" component is computed from these figures at the score's price, where a price below insider cost scores higher.
Score history
Full changelog- Oct 05, 2026 rubric change ▲ 4.9 Re-scored under rubric v2.0 (was v1.0): 72.9 (Aligned).
- Sep 19, 2026 full grade Founder-led with shares trading at a deep value to open-market insider purchases
Peer context
Sources
All sources- Proxy statement DEF 14A filed 2026-04-27 View on EDGAR
- XBRL financial data 10-Q filed 2026-07-31 View on EDGAR
- Latest of 214 Form 4 filings 4 filed 2026-06-17 View on EDGAR