Angie's List major shareholder Tri Ventures, Inc. Acquires 2,688 Shares (ANGI)
Angie's List (NASDAQ:ANGI) major shareholder Tri Ventures, Inc. acquired 2,688 shares of the stock in a transaction that occurred on Thursday, August 28th. The stock was purchased at an average cost of $7.71 per share, with a total value of $20,724.48. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
Angie's List (NASDAQ:ANGI) traded up 0.79% on Monday, hitting $7.67. 695,564 shares of the company’s stock traded hands. Angie's List has a 52 week low of $7.52 and a 52 week high of $25.18. The stock has a 50-day moving average of $8.63 and a 200-day moving average of $11.26. The company’s market cap is $448.8 million.
Angie's List (NASDAQ:ANGI) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported ($0.31) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by $0.07. The company had revenue of $78.90 million for the quarter, compared to the consensus estimate of $80.19 million. During the same quarter in the previous year, the company posted ($0.25) earnings per share. The company’s revenue for the quarter was up 33.3% on a year-over-year basis. On average, analysts predict that Angie's List will post $-0.28 earnings per share for the current fiscal year.
ANGI has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Angie's List from an “underperform” rating to a “neutral” rating in a research note on Friday, August 22nd. They now have a $8.30 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Angie's List in a research note on Thursday, July 24th. They now have a $7.00 price target on the stock, down previously from $13.00. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and six have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $15.36.
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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