Angie’s List CMO Sells $50,070 in Stock (ANGI)
Angie’s List (NASDAQ:ANGI) CMO Bowman Angela R. Hicks sold 3,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $16.69, for a total value of $50,070.00. Following the completion of the sale, the chief marketing officer now directly owns 774,216 shares of the company’s stock, valued at approximately $12,921,665. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on ANGI shares. Analysts at B. Riley upgraded shares of Angie’s List from a “neutral” rating to a “buy” rating in a research note to investors on Friday. They now have a $25.50 price target on the stock, up previously from $15.00. 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. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Angie’s List has a consensus rating of “Buy” and an average target price of $23.47.
Shares of Angie’s List (NASDAQ:ANGI) traded up 2.90% on Tuesday, hitting $17.02. The stock had a trading volume of 1,476,521 shares. Angie’s List has a 52-week low of $11.72 and a 52-week high of $28.32. The stock’s 50-day moving average is $14.38 and its 200-day moving average is $17.78. The company’s market cap is $994.3 million.
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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