ANGI Homeservices Inc (NASDAQ:ANGI) CEO William B. Ridenour sold 10,925 shares of the business’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $15.45, for a total transaction of $168,791.25. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
NASDAQ ANGI traded down $0.59 on Monday, hitting $14.60. 1,072,927 shares of the company’s stock traded hands, compared to its average volume of 1,052,038. The company has a current ratio of 2.19, a quick ratio of 2.19 and a debt-to-equity ratio of 0.18. ANGI Homeservices Inc has a 1-year low of $13.80 and a 1-year high of $23.95. The stock has a market cap of $7.69 billion, a price-to-earnings ratio of 97.33, a PEG ratio of 3.38 and a beta of 2.21.
ANGI Homeservices (NASDAQ:ANGI) last posted its earnings results on Wednesday, May 8th. The technology company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.03. ANGI Homeservices had a net margin of 8.15% and a return on equity of 8.11%. The firm had revenue of $303.44 million during the quarter, compared to analysts’ expectations of $305.54 million. During the same period in the previous year, the business posted ($0.02) EPS. The business’s revenue was up 18.9% compared to the same quarter last year. Analysts forecast that ANGI Homeservices Inc will post 0.18 EPS for the current year.
Several institutional investors and hedge funds have recently bought and sold shares of ANGI. Massey Quick Simon & CO. LLC acquired a new position in shares of ANGI Homeservices in the 4th quarter valued at $34,000. First Manhattan Co. acquired a new position in shares of ANGI Homeservices in the 4th quarter valued at $56,000. Great West Life Assurance Co. Can lifted its stake in shares of ANGI Homeservices by 140.9% in the 4th quarter. Great West Life Assurance Co. Can now owns 6,264 shares of the technology company’s stock valued at $97,000 after purchasing an additional 3,664 shares during the period. Squarepoint Ops LLC acquired a new position in shares of ANGI Homeservices in the 4th quarter valued at $165,000. Finally, Parametrica Management Ltd acquired a new position in shares of ANGI Homeservices in the 1st quarter valued at $176,000. Hedge funds and other institutional investors own 13.37% of the company’s stock.
Several analysts have weighed in on ANGI shares. ValuEngine downgraded shares of ANGI Homeservices from a “strong-buy” rating to a “buy” rating in a research report on Monday, March 11th. BidaskClub raised shares of ANGI Homeservices from a “hold” rating to a “buy” rating in a research report on Monday, February 4th. Zacks Investment Research raised shares of ANGI Homeservices from a “hold” rating to a “strong-buy” rating and set a $18.00 target price on the stock in a research report on Tuesday, April 16th. Goldman Sachs Group assumed coverage on shares of ANGI Homeservices in a research note on Monday, February 4th. They set a “buy” rating and a $20.00 price objective for the company. Finally, TheStreet upgraded shares of ANGI Homeservices from a “d+” rating to a “c-” rating in a research note on Friday, February 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $22.86.
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ANGI Homeservices Company Profile
ANGI Homeservices Inc operates a digital marketplace for home services, connecting millions of homeowners with home service professionals in North America and Europe. Its HomeAdvisor digital marketplace service connects consumers with service professionals for home repair, maintenance, and improvement projects, as well as provides consumers with tools and resources to help them find local, pre-screened, and customer-rated service professionals.
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