Insider Selling: Angie's List CMO Sells 3,000 Shares of Stock (ANGI)
Angie's List (NASDAQ:ANGI) CMO Bowman Angela R. Hicks sold 3,000 shares of the company’s stock in a transaction dated Wednesday, June 25th. The shares were sold at an average price of $11.70, for a total value of $35,100.00. Following the transaction, the chief marketing officer now directly owns 759,216 shares in the company, valued at approximately $8,882,827. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on ANGI shares. 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 issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $21.12.
Shares of Angie's List (NASDAQ:ANGI) traded down 1.01% during mid-day trading on Thursday, hitting $11.81. 118,853 shares of the company’s stock traded hands. Angie's List has a 1-year low of $9.60 and a 1-year 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 $691.0 million.
Angie's List (NASDAQ:ANGI) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported ($0.06) earnings per share (EPS) for the quarter, meeting the 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 previous year, the company posted ($0.14) earnings per share. The company’s revenue for the quarter 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.
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.