J Mark Howell Sells 23,600 Shares of Angie’s List, Inc. (ANGI) Stock
Angie’s List, Inc. (NASDAQ:ANGI) COO J Mark Howell sold 23,600 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $11.85, for a total value of $279,660.00. Following the transaction, the chief operating officer now directly owns 125,416 shares of the company’s stock, valued at $1,486,179.60. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
J Mark Howell also recently made the following trade(s):
- On Tuesday, August 15th, J Mark Howell sold 38,221 shares of Angie’s List stock. The stock was sold at an average price of $11.52, for a total value of $440,305.92.
- On Wednesday, August 16th, J Mark Howell sold 134,901 shares of Angie’s List stock. The stock was sold at an average price of $11.62, for a total value of $1,567,549.62.
Shares of Angie’s List, Inc. (ANGI) traded up 1.04% during mid-day trading on Wednesday, hitting $11.62. The company had a trading volume of 308,219 shares. The firm’s market capitalization is $707.40 million. The firm has a 50-day moving average price of $12.37 and a 200 day moving average price of $9.13. Angie’s List, Inc. has a 12 month low of $5.22 and a 12 month high of $13.28.
Angie’s List (NASDAQ:ANGI) last released its quarterly earnings results on Wednesday, July 26th. The technology company reported ($0.13) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.03) by $0.10. Angie’s List had a negative return on equity of 392.52% and a negative net margin of 4.62%. The company had revenue of $72.80 million during the quarter, compared to analyst estimates of $73.87 million. During the same period last year, the firm earned $0.08 earnings per share. The business’s revenue was down 12.3% compared to the same quarter last year. On average, equities research analysts forecast that Angie’s List, Inc. will post ($0.07) earnings per share for the current fiscal year.
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Several institutional investors have recently added to or reduced their stakes in the company. Harvest Management LLC bought a new position in Angie’s List during the second quarter worth $192,000. Equitec Proprietary Markets LLC bought a new position in Angie’s List during the second quarter worth $207,000. Citadel Advisors LLC bought a new position in Angie’s List during the first quarter worth $103,000. Marshall Wace North America L.P. bought a new position in Angie’s List during the second quarter worth $237,000. Finally, Voya Investment Management LLC boosted its position in Angie’s List by 10.0% in the second quarter. Voya Investment Management LLC now owns 21,368 shares of the technology company’s stock worth $273,000 after buying an additional 1,945 shares during the period. 70.37% of the stock is owned by institutional investors.
ANGI has been the subject of several research analyst reports. Zacks Investment Research raised Angie’s List from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a research note on Wednesday, July 12th. ValuEngine raised Angie’s List from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Jefferies Group LLC downgraded Angie’s List from a “buy” rating to a “hold” rating in a research note on Wednesday, May 3rd. Loop Capital downgraded Angie’s List from a “buy” rating to a “hold” rating in a research note on Tuesday, May 2nd. Finally, BidaskClub downgraded Angie’s List from a “buy” rating to a “hold” rating in a research note on Sunday, July 16th. Three equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $11.04.
Angie’s List Company Profile
Angie’s List, Inc operates a national local services consumer review service and marketplace. As of December 31, 2016, the Company helped facilitate transactions between over five million members and its collection of service providers in over 700 categories of service nationwide. Its tools, services and content across multiple platforms enables consumers to research, shop for and purchase local services for needs, as well as rate and review the providers of these services across the United States.
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