Angie's List CMO Unloads $35,100 in Stock (ANGI)
Angie's List (NASDAQ:ANGI) CMO Bowman Angela R. Hicks unloaded 3,000 shares of the company’s stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $11.70, for a total transaction of $35,100.00. Following the completion of the sale, the chief marketing officer now directly owns 759,216 shares in the company, valued at approximately $8,882,827. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Angie's List (NASDAQ:ANGI) traded up 1.79% on Wednesday, hitting $11.93. 751,380 shares of the company’s stock traded hands. Angie's List has a 52 week low of $9.60 and a 52 week high of $28.32. The stock has a 50-day moving average of $10.91 and a 200-day moving average of $13.10. The company’s market cap is $698.0 million.
Angie's List (NASDAQ:ANGI) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported ($0.06) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.06). The company had revenue of $72.70 million for the quarter, compared to the consensus estimate of $72.35 million. During the same quarter in the prior year, the company posted ($0.14) earnings per share. The company’s quarterly revenue was up 39.3% on a year-over-year basis. On average, analysts predict that Angie's List will post $-0.27 earnings per share for the current fiscal year.
ANGI has been the subject of a number of recent research reports. Analysts at Wunderlich upgraded shares of Angie's List from a “hold” rating to a “buy” rating in a research note on Wednesday, June 11th. They now have a $15.00 price target on the stock. Separately, analysts at Citigroup Inc. upgraded shares of Angie's List from a “neutral” rating to a “buy” rating in a research note on Friday, June 6th. They now have a $16.00 price target on the stock. Finally, analysts at Bank of America upgraded shares of Angie's List from a “neutral” rating to a “buy” rating in a research note on Friday, June 6th. They now have a $16.00 price target on the stock. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eleven have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $21.12.
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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