Angie’s List Sees Unusually High Options Volume (ANGI)
Shares of Angie’s List (NASDAQ:ANGI) saw some unusual options trading activity on Monday. Investors acquired 14,895 call options on the stock, Stock Ratings News reports. This represents an increase of 397% compared to the typical volume of 2,999 call options.
In other Angie’s List news, VP Michael Rutz sold 2,000 shares of Angie’s List stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $17.51, for a total value of $35,020.00. Following the transaction, the vice president now directly owns 2,000 shares of the company’s stock, valued at approximately $35,020. The sale was disclosed in a legal 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 Bank of America downgraded shares of Angie’s List from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, February 5th. They now have a $22.00 price target on the stock, up previously from $18.12. Separately, analysts at Barrington Research upgraded shares of Angie’s List from a “market perform” rating to an “outperform” rating in a research note to investors on Monday, February 3rd. Finally, 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, January 24th. They now have a $25.50 price target on the stock, up previously from $15.00. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. Angie’s List has a consensus rating of “Buy” and an average target price of $23.85.
Shares of Angie’s List (NASDAQ:ANGI) traded down 1.20% during mid-day trading on Monday, hitting $17.26. The stock had a trading volume of 654,021 shares. Angie’s List has a 52-week low of $11.88 and a 52-week high of $28.32. The stock’s 50-day moving average is $15.52 and its 200-day moving average is $17.40. The company’s market cap is $1.008 billion.
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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