Angie’s List, Inc. (NASDAQ:ANGI) Director Michael S. Maurer sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $12.27, for a total transaction of $613,500.00. Following the completion of the sale, the director now directly owns 62,563 shares of the company’s stock, valued at approximately $767,648.01. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Angie’s List, Inc. (ANGI) opened at 12.17 on Friday. The company’s market cap is $740.89 million. Angie’s List, Inc. has a 1-year low of $5.22 and a 1-year high of $13.28. The company’s 50 day moving average is $12.24 and its 200 day moving average is $9.41.

Angie’s List (NASDAQ:ANGI) last issued its quarterly earnings data on Wednesday, July 26th. The technology company reported ($0.13) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by $0.10. Angie’s List had a negative net margin of 4.62% and a negative return on equity of 392.52%. The firm had revenue of $72.80 million during the quarter, compared to analyst estimates of $73.87 million. During the same period last year, the business earned $0.08 EPS. The firm’s revenue was down 12.3% compared to the same quarter last year. Equities research analysts forecast that Angie’s List, Inc. will post ($0.06) EPS for the current year.

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Several brokerages have recently weighed in on ANGI. BidaskClub raised shares of Angie’s List from a “sell” rating to a “hold” rating in a research report on Friday. Piper Jaffray Companies began coverage on shares of Angie’s List in a research report on Wednesday, August 16th. They issued an “overweight” rating and a $14.00 price target for the company. Zacks Investment Research cut shares of Angie’s List from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. ValuEngine raised shares of Angie’s List from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Loop Capital cut shares of Angie’s List from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $10.65.

A number of hedge funds have recently modified their holdings of ANGI. Stoneridge Investment Partners LLC purchased a new stake in shares of Angie’s List during the first quarter valued at about $243,000. Ameriprise Financial Inc. acquired a new position in Angie’s List during the first quarter valued at approximately $1,327,000. Dimensional Fund Advisors LP boosted its position in Angie’s List by 16.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 298,505 shares of the technology company’s stock valued at $2,457,000 after buying an additional 42,476 shares during the period. Teton Advisors Inc. acquired a new position in Angie’s List during the first quarter valued at approximately $517,000. Finally, Engineers Gate Manager LP acquired a new position in Angie’s List during the first quarter valued at approximately $269,000. 70.37% of the stock is owned by institutional investors.

About Angie’s List

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.

Insider Buying and Selling by Quarter for Angie`s List (NASDAQ:ANGI)

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