Insider Selling: Keith J. Krach Unloads 6,500 Shares of Angie’s List Stock (ANGI)
Angie’s List (NASDAQ:ANGI) Director Keith J. Krach sold 6,500 shares of the stock on the open market in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $15.37, for a total transaction of $99,905.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Angie’s List (NASDAQ:ANGI) traded up 3.45% during mid-day trading on Wednesday, hitting $16.20. The stock had a trading volume of 1,978,176 shares. Angie’s List has a 1-year low of $11.26 and a 1-year high of $28.32. The stock has a 50-day moving average of $13.77 and a 200-day moving average of $18.1. The company’s market cap is $946.4 million.
A number of research firms have recently commented on ANGI. 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, January 9th. 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 analyst has rated the stock with a sell rating, nine have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. Angie’s List has an average rating of “Buy” and a consensus target price of $22.88.
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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