MediaAlpha achieved SOC 2 Type II attestation with zero deficiencies, enhancing its data security and partnership capabilities in customer acquisition.
Quiver AI Summary
MediaAlpha, Inc., a leading marketing technology platform for the insurance industry, announced its successful achievement of SOC 2 Type II attestation with zero deficiencies, which validates its strong security controls and commitment to customer data protection. This attestation is recognized as the industry standard for data protection and reflects MediaAlpha's rigorous internal controls and data practices. The company's Chief Technology Officer, Amy Yeh, expressed pride in this achievement, emphasizing its importance for building trust with partners and customers. MediaAlpha's compliance positions it to enhance customer acquisition strategies for insurance carriers through improved data integrations. CEO Steve Yi linked this milestone to the company's growth opportunities and strengthened partnerships, allowing for more personalized consumer experiences. MediaAlpha connects over 1,200 partners and has facilitated nearly 119 million consumer referrals in 2024 alone.
Potential Positives
- MediaAlpha achieved SOC 2 Type II attestation with zero deficiencies, validating its strong security controls and commitment to protecting customer data.
- This security milestone enhances MediaAlpha's trustworthiness and credibility, which is crucial for building strong partnerships and attracting new clients in the insurance industry.
- The attestation positions MediaAlpha to facilitate deeper data integrations for partners, potentially leading to improved customer acquisition capabilities and enhanced campaign performance.
- The accomplishment reinforces MediaAlpha's industry-leading technology platform, laying a foundation for future growth and expanded service offerings.
Potential Negatives
- None
FAQ
What is SOC 2 Type II attestation?
SOC 2 Type II attestation is a validation of a company's data protection and operational integrity practices over a specified period.
How does MediaAlpha achieve SOC 2 Type II compliance?
MediaAlpha achieved SOC 2 Type II compliance by implementing strong security controls and practices with zero deficiencies during the audit.
What are the benefits of MediaAlpha's SOC 2 Type II compliance?
This compliance builds trust with partners, improves data security, and enhances customer acquisition efficiency for insurance carriers.
Why is data protection important for MediaAlpha?
Data protection is crucial for MediaAlpha to ensure the integrity and security of customer data while fostering strong partner relationships.
How can partners access MediaAlpha's SOC 2 Type II report?
Partners can access the SOC 2 Type II report by visiting MediaAlpha’s Trust Center at trust.mediaalpha.com to request the details.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MAX Insider Trading Activity
$MAX insiders have traded $MAX stock on the open market 5 times in the past 6 months. Of those trades, 1 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $MAX stock by insiders over the last 6 months:
- KEITH CRAMER (Chief Revenue Officer) has made 0 purchases and 3 sales selling 29,669 shares for an estimated $297,841.
- KATHY P VRABECK purchased 31,000 shares for an estimated $297,575
- KUANLING AMY YEH (Chief Technology Officer) sold 6,000 shares for an estimated $61,171
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MAX Hedge Fund Activity
We have seen 94 institutional investors add shares of $MAX stock to their portfolio, and 90 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TIMESSQUARE CAPITAL MANAGEMENT, LLC removed 1,372,174 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $15,025,305
- GOLDMAN SACHS GROUP INC added 1,270,655 shares (+172.5%) to their portfolio in Q2 2025, for an estimated $13,913,672
- CLEARLINE CAPITAL LP removed 1,229,613 shares (-46.3%) from their portfolio in Q2 2025, for an estimated $13,464,262
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 960,757 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $8,877,394
- JANUS HENDERSON GROUP PLC added 619,026 shares (+4465.6%) to their portfolio in Q2 2025, for an estimated $6,778,334
- CENTERBOOK PARTNERS LP removed 471,864 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $4,360,023
- MILLENNIUM MANAGEMENT LLC removed 431,479 shares (-70.2%) from their portfolio in Q2 2025, for an estimated $4,724,695
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$MAX Analyst Ratings
Wall Street analysts have issued reports on $MAX in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- RBC Capital issued a "Outperform" rating on 05/07/2025
- JP Morgan issued a "Overweight" rating on 05/01/2025
- Keefe, Bruyette & Woods issued a "Outperform" rating on 04/22/2025
- Goldman Sachs issued a "Buy" rating on 04/14/2025
- BMO Capital issued a "Outperform" rating on 04/03/2025
To track analyst ratings and price targets for $MAX, check out Quiver Quantitative's $MAX forecast page.
$MAX Price Targets
Multiple analysts have issued price targets for $MAX recently. We have seen 5 analysts offer price targets for $MAX in the last 6 months, with a median target of $18.0.
Here are some recent targets:
- Tommy McJoynt from Keefe, Bruyette & Woods set a target price of $18.0 on 09/05/2025
- Ben Hendrix from RBC Capital set a target price of $18.0 on 05/07/2025
- Cory Carpenter from JP Morgan set a target price of $12.0 on 05/01/2025
- Eric Sheridan from Goldman Sachs set a target price of $12.5 on 04/14/2025
- Michael Zaremski from BMO Capital set a target price of $23.0 on 04/03/2025
Full Release
LOS ANGELES, Sept. 10, 2025 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (NYSE: MAX) ("MediaAlpha" or the "Company"), the leading marketing technology platform powering real-time customer acquisition for the insurance industry, today announced that it has successfully achieved SOC 2 Type II attestation with zero deficiencies. This attestation is an important validation of MediaAlpha’s strong security controls and commitment to protecting customer data.
SOC 2 Type II is widely recognized in the U.S. as the industry standard for data protection and operational integrity reporting. By completing SOC 2 Type II with no deficiencies, MediaAlpha has demonstrated that its systems, data practices, and internal controls provide reasonable assurance to the highest industry standards.
“Our team is incredibly proud to achieve SOC 2 Type II compliance with zero deficiencies, which highlights the rigor of our security and privacy controls,” said Amy Yeh, Chief Technology Officer. “Earning the trust of every partner and customer we serve is a cornerstone of our business, and achieving this key milestone is a testament to the integrity, security, and resiliency of our platform.”
Driving Partner Innovation
Achieving SOC 2 Type II attestation for MediaAlpha’s robust data security controls positions MediaAlpha to help carriers improve their ability to acquire customers in targeted segments through deeper data integrations. While many carriers value the enhanced campaign performance that conversion data integrations can unlock, they only want to share data within a rigorously controlled, independently audited environment. We are already seeing the benefits of this attestation, with a leading insurance company moving forward with a deeper conversion data integration as a result. Existing or prospective MediaAlpha partners are invited to explore its Trust Center ( trust.mediaalpha.com ) to request access to the SOC 2 Type II report and other compliance details.
A Foundation for Growth
“Trust has always been at the heart of what we do,” said Steve Yi, Co-Founder and CEO. “Achieving SOC 2 Type II compliance isn’t just about meeting a requirement. It’s about building stronger partnerships, creating new opportunities, and reinforcing our industry-leading technology platform to drive our next stage of growth.”
With this milestone, MediaAlpha strengthens its ability to forge deeper collaborations, expand its offerings, and enable consumers to connect with insurance and other essential services through more efficient and personalized experiences that better satisfy their needs.
About MediaAlpha
We believe we are the insurance industry’s leading programmatic customer acquisition platform. With more than 1,200 active partners, excluding our agent partners, we connect insurance carriers with online shoppers and transacted nearly 119 million Consumer Referrals in our marketplaces in 2024. Our programmatic advertising technology powered $1.9 billion in spend on brand, comparison, and metasearch sites across property & casualty insurance, health insurance, life insurance, and other industries over the last twelve months ended June 30, 2025. For more information, please visit www.mediaalpha.com .
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