Angie’s List Director Sells $97,500 in Stock (ANGI)
Angie’s List (NASDAQ:ANGI) Director Keith Krach sold 6,500 shares of the stock in a transaction that occurred on Wednesday, October 30th. The shares were sold at an average price of $15.00, for a total value of $97,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Angie’s List (NASDAQ:ANGI) traded down 5.25% during mid-day trading on Thursday, hitting $14.08. 1,337,252 shares of the company’s stock traded hands. Angie’s List has a 1-year low of $8.94 and a 1-year high of $28.32. The stock has a 50-day moving average of $18.26 and a 200-day moving average of $22.38. The company’s market cap is $822.1 million.
Angie’s List (NASDAQ:ANGI) last announced its earnings results on Wednesday, October 23rd. The company reported ($0.23) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.20) by $0.03. The company had revenue of $65.50 million for the quarter, compared to the consensus estimate of $66.05 million. During the same quarter last year, the company posted ($0.32) earnings per share. Angie’s List’s revenue was up 55.9% compared to the same quarter last year. Analysts expect that Angie’s List will post $-0.48 EPS for the current fiscal year.
ANGI has been the subject of a number of recent research reports. Analysts at Raymond James cut their price target on shares of Angie’s List from $29.00 to $23.00 in a research note to investors on Thursday, October 24th. They now have an “outperform” rating on the stock. Separately, analysts at Needham & Company cut their price target on shares of Angie’s List from $30.00 to $24.00 in a research note to investors on Thursday, October 24th. They now have a “buy” rating on the stock. Finally, analysts at Canaccord Genuity cut their price target on shares of Angie’s List from $25.00 to $22.00 in a research note to investors on Thursday, October 24th. They now have a “hold” rating on the stock. One analyst has rated the stock with a sell rating, nine have issued a hold rating and eleven have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $22.62.
Angie’s List, Inc (NASDAQ:ANGI) operates a consumer-driven service for members to research, hire, rate and review local professionals for critical needs, such as home, health care and automotive services.
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