Angie’s List Inc. (NASDAQ:ANGI) insider Bowman Angela R. Hicks sold 1,500 shares of the firm’s stock in a transaction that occurred on Monday, October 3rd. The stock was sold at an average price of $9.66, for a total transaction of $14,490.00. Following the transaction, the insider now directly owns 757,692 shares of the company’s stock, valued at $7,319,304.72. The sale was disclosed in a document filed with the SEC, which is available through this link.
Angie’s List Inc. (NASDAQ:ANGI) opened at 9.15 on Monday. Angie’s List Inc. has a 12-month low of $5.23 and a 12-month high of $11.25. The company’s 50 day moving average is $10.03 and its 200 day moving average is $8.52. The firm has a market cap of $537.84 million, a price-to-earnings ratio of 37.04 and a beta of 1.44.
Angie’s List (NASDAQ:ANGI) last released its earnings results on Wednesday, July 27th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.12. Angie’s List had a net margin of 4.42% and a negative return on equity of 293.31%. The business had revenue of $83.10 million for the quarter, compared to the consensus estimate of $86.21 million. During the same period in the previous year, the firm earned ($0.14) EPS. The business’s revenue for the quarter was down 4.9% on a year-over-year basis. On average, equities analysts anticipate that Angie’s List Inc. will post $0.07 earnings per share for the current year.
Several large investors have recently added to or reduced their stakes in the stock. Alliancebernstein L.P. raised its stake in Angie’s List by 102.5% in the second quarter. Alliancebernstein L.P. now owns 22,320 shares of the company’s stock worth $145,000 after buying an additional 11,300 shares in the last quarter. Trexquant Investment LP purchased a new stake in Angie’s List during the second quarter worth about $174,000. Royce & Associates LP raised its stake in Angie’s List by 31.2% in the first quarter. Royce & Associates LP now owns 32,916 shares of the company’s stock worth $266,000 after buying an additional 7,820 shares in the last quarter. Strs Ohio raised its stake in Angie’s List by 194.7% in the second quarter. Strs Ohio now owns 39,200 shares of the company’s stock worth $255,000 after buying an additional 25,900 shares in the last quarter. Finally, Paloma Partners Management Co purchased a new stake in Angie’s List during the second quarter worth about $258,000. Institutional investors and hedge funds own 64.42% of the company’s stock.
A number of analysts recently issued reports on ANGI shares. Pacific Crest restated a “hold” rating on shares of Angie’s List in a research report on Thursday, July 28th. Zacks Investment Research upgraded shares of Angie’s List from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 21st. TheStreet upgraded shares of Angie’s List from a “sell” rating to a “hold” rating in a research report on Wednesday, July 27th. Cowen and Company restated a “market perform” rating and set a $11.00 target price (up previously from $10.00) on shares of Angie’s List in a research report on Tuesday, September 27th. Finally, Raymond James Financial Inc. upgraded shares of Angie’s List from a “market perform” rating to an “outperform” rating and set a $12.00 target price on the stock in a research report on Friday, August 19th. One analyst has rated the stock with a sell rating, nine have issued a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Angie’s List has a consensus rating of “Hold” and a consensus price target of $9.62.
Angie’s List Company Profile
Angie’s List, Inc operates a national local services consumer review service and marketplace. The Company’s tools, services and content across multiple platforms enable consumers to research, shop for and purchase local services for needs, such as home, health and automotive services. The Company also reviews the providers of these services in over 250 markets in the United States.
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