Insider Selling: Angie’s List Director Unloads 6,500 Shares of Stock (ANGI)
Angie’s List (NASDAQ:ANGI) Director Keith J. Krach unloaded 6,500 shares of the stock in a transaction that occurred on Thursday, January 9th. The shares were sold at an average price of $15.25, for a total value of $99,125.00. The sale was disclosed in a filing with the SEC, which is available at this link.
A number of analysts have recently weighed in on ANGI shares. Analysts at Raymond James upgraded shares of Angie’s List from an “outperform” rating to a “strong-buy” rating in a research note to investors on Thursday. They now have a $23.00 price target on the stock. They noted that the move was a valuation call. Finally, 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. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $22.62.
Angie’s List (NASDAQ:ANGI) traded down 2.00% on Monday, hitting $14.24. The stock had a trading volume of 1,268,247 shares. Angie’s List has a 1-year low of $11.26 and a 1-year high of $28.32. The stock’s 50-day moving average is $13.35 and its 200-day moving average is $18.75. The company’s market cap is $831.9 million.
Angie’s List (NASDAQ:ANGI) last posted its quarterly earnings results on Wednesday, October 23rd. The company reported ($0.23) EPS for the quarter, missing the Thomson Reuters 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 in the prior year, the company posted ($0.32) earnings per share. The company’s quarterly revenue was up 55.9% on a year-over-year basis. On average, analysts predict that Angie’s List will post $-0.48 earnings per share for the current fiscal year.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.