Angie’s List, Inc. (NASDAQ:ANGI) Director Michael S. Maurer sold 16,500 shares of the firm’s stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of $12.28, for a total transaction of $202,620.00. Following the completion of the sale, the director now owns 62,563 shares in the company, valued at $768,273.64. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Angie’s List, Inc. (NASDAQ ANGI) opened at 12.17 on Monday. The firm’s market capitalization is $740.89 million. The company’s 50-day moving average is $12.24 and its 200 day moving average is $9.41. Angie’s List, Inc. has a 52-week low of $5.22 and a 52-week high of $13.28.

Angie’s List (NASDAQ:ANGI) last posted its quarterly earnings data on Wednesday, July 26th. The technology company reported ($0.13) earnings per share (EPS) for the quarter, missing the Zacks’ 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 business had revenue of $72.80 million for the quarter, compared to analysts’ expectations of $73.87 million. During the same quarter in the previous year, the firm earned $0.08 EPS. Angie’s List’s revenue was down 12.3% compared to the same quarter last year. Analysts expect that Angie’s List, Inc. will post ($0.06) EPS for the current fiscal year.

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A number of institutional investors have recently bought and sold shares of the stock. Citadel Advisors LLC acquired a new position in Angie’s List during the first quarter worth about $103,000. American International Group Inc. boosted its position in Angie’s List by 7.1% in the first quarter. American International Group Inc. now owns 24,481 shares of the technology company’s stock worth $140,000 after buying an additional 1,621 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in Angie’s List during the first quarter worth about $153,000. Metropolitan Life Insurance Co. NY boosted its position in Angie’s List by 11.9% in the first quarter. Metropolitan Life Insurance Co. NY now owns 30,591 shares of the technology company’s stock worth $174,000 after buying an additional 3,264 shares during the last quarter. Finally, Global X Management Co. LLC boosted its position in Angie’s List by 4.6% in the first quarter. Global X Management Co. LLC now owns 31,159 shares of the technology company’s stock worth $178,000 after buying an additional 1,384 shares during the last quarter. Institutional investors own 82.82% of the company’s stock.

Several research firms recently commented on ANGI. BidaskClub downgraded shares of Angie’s List from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th. Piper Jaffray Companies began coverage on shares of Angie’s List in a research report on Wednesday, August 16th. They set an “overweight” rating and a $14.00 target price on the stock. Zacks Investment Research downgraded shares of Angie’s List from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. ValuEngine upgraded shares of Angie’s List from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Loop Capital downgraded shares of Angie’s List from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. Two research analysts have rated the stock with a sell rating, seven have given 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.

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.

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

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