ANGI Homeservices Inc (NASDAQ:ANGI) COO Craig M. Smith sold 33,427 shares of the companys stock in a transaction on Wednesday, November 21st. The shares were sold at an average price of $18.13, for a total transaction of $606,031.51. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Shares of NASDAQ ANGI traded up $0.58 during trading on Wednesday, hitting $16.23. 66,639 shares of the company traded hands, compared to its average volume of 902,027. ANGI Homeservices Inc has a fifty-two week low of $10.24 and a fifty-two week high of $23.95. The firm has a market capitalization of $1.25 billion, a P/E ratio of -73.77, a P/E/G ratio of 5.49 and a beta of 2.23. The company has a current ratio of 2.33, a quick ratio of 2.33 and a debt-to-equity ratio of 0.22.
ANGI Homeservices (NASDAQ:ANGI) last announced its quarterly earnings data on Wednesday, November 7th. The technology company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.01. ANGI Homeservices had a negative net margin of 1.63% and a negative return on equity of 0.53%. The firm had revenue of $303.10 million for the quarter, compared to analyst estimates of $296.57 million. During the same quarter in the prior year, the business earned ($0.17) earnings per share. The businesss quarterly revenue was up 66.8% compared to the same quarter last year. Equities research analysts forecast that ANGI Homeservices Inc will post 0.11 EPS for the current year.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Rehmann Capital Advisory Group acquired a new stake in shares of ANGI Homeservices in the 3rd quarter worth about $60,000. United Services Automobile Association acquired a new stake in shares of ANGI Homeservices in the 2nd quarter worth about $135,000. Cubist Systematic Strategies LLC acquired a new stake in shares of ANGI Homeservices in the 2nd quarter worth about $168,000. Granahan Investment Management Inc. MA acquired a new stake in shares of ANGI Homeservices in the 2nd quarter worth about $202,000. Finally, CIBC Asset Management Inc acquired a new stake in shares of ANGI Homeservices in the 2nd quarter worth about $260,000. Institutional investors own 83.33% of the companys stock.
ANGI has been the topic of a number of research analyst reports. Raymond James upped their price target on shares of ANGI Homeservices from $20.00 to $25.00 and gave the company an outperform rating in a research report on Wednesday, October 3rd. Wedbush initiated coverage on shares of ANGI Homeservices in a research report on Thursday, September 13th. They set an outperform rating and a $26.00 price target on the stock. Zacks Investment Research cut shares of ANGI Homeservices from a strong-buy rating to a hold rating in a research report on Monday, November 12th. UBS Group upped their price target on shares of ANGI Homeservices from $22.00 to $27.00 and gave the company a buy rating in a research report on Wednesday, September 26th. Finally, BidaskClub upgraded shares of ANGI Homeservices from a buy rating to a strong-buy rating in a report on Friday, August 24th. Three equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the companys stock. The company presently has an average rating of Buy and an average target price of $23.00.
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