Insider Selling: William Seelye Oesterle Sells 12,800 Shares of Angie's List Stock (ANGI)
Angie's List (NASDAQ:ANGI) CEO William Seelye Oesterle sold 12,800 shares of Angie's List stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $12.37, for a total value of $158,336.00. Following the sale, the chief executive officer now directly owns 2,022,458 shares of the company’s stock, valued at approximately $25,017,805. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Several analysts have recently commented on the stock. 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 analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $20.66.
Shares of Angie's List (NASDAQ:ANGI) traded down 2.46% on Thursday, hitting $12.31. 546,533 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 $11.27 and a 200-day moving average of $13.08. The company’s market cap is $720.3 million.
Angie's List (NASDAQ:ANGI) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported ($0.06) earnings per share for the quarter, meeting the analysts’ 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 last year, the company posted ($0.14) earnings per share. Angie's List’s revenue was up 39.3% compared to the same quarter last year. 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.
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