ANGI Homeservices Inc (ANGI) COO Sells $377,096.04 in Stock

ANGI Homeservices Inc (NASDAQ:ANGI) COO Craig M. Smith sold 21,573 shares of ANGI Homeservices stock in a transaction that occurred on Tuesday, December 4th. The shares were sold at an average price of $17.48, for a total transaction of $377,096.04. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

ANGI Homeservices stock traded down $0.27 during trading on Thursday, reaching $16.75. The company had a trading volume of 905,900 shares, compared to its average volume of 804,263. ANGI Homeservices Inc has a 1-year low of $10.24 and a 1-year high of $23.95. The stock has a market capitalization of $1.27 billion, a P/E ratio of -76.14, a P/E/G ratio of 5.97 and a beta of 2.23. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.33 and a current ratio of 2.33.

ANGI Homeservices (NASDAQ:ANGI) last released its quarterly earnings results on Wednesday, November 7th. The technology company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $296.57 million. During the same quarter last year, the company earned ($0.17) EPS. The firm’s revenue for the quarter was up 66.8% compared to the same quarter last year. Sell-side analysts predict that ANGI Homeservices Inc will post 0.11 EPS for the current year.



Institutional investors have recently added to or reduced their stakes in the stock. United Services Automobile Association acquired a new stake in ANGI Homeservices during the 2nd quarter worth $135,000. Cubist Systematic Strategies LLC acquired a new stake in ANGI Homeservices during the 2nd quarter worth $168,000. Granahan Investment Management Inc. MA acquired a new stake in ANGI Homeservices during the 2nd quarter worth $202,000. CIBC Asset Management Inc acquired a new stake in ANGI Homeservices during the 2nd quarter worth $260,000. Finally, Jane Street Group LLC acquired a new stake in ANGI Homeservices during the 3rd quarter worth $279,000. 83.41% of the stock is currently owned by hedge funds and other institutional investors.

Several equities analysts have recently weighed in on ANGI shares. ValuEngine raised shares of ANGI Homeservices from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 9th. Wells Fargo & Co lifted their target price on shares of ANGI Homeservices from $16.00 to $21.00 and gave the company an “outperform” rating in a report on Friday, August 10th. BMO Capital Markets lifted their target price on shares of ANGI Homeservices from $16.00 to $19.00 and gave the company an “outperform” rating in a report on Friday, August 10th. Zacks Investment Research raised shares of ANGI Homeservices from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a report on Monday, August 13th. Finally, BidaskClub raised shares of ANGI Homeservices from a “buy” rating to a “strong-buy” rating in a research note on Friday, August 24th. Three research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $23.20.

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ANGI Homeservices Company Profile

ANGI Homeservices Inc owns and operates the HomeAdvisor digital marketplace service to connect consumers with service professionals for home repair, maintenance, and improvement projects. The company operates through two segments, North America and Europe. Its marketplace provides consumers with tools and resources to help them find local, pre-screened, and customer-rated service professionals, as well as book appointments with those professionals online or connect with them by telephone; and offers several home services-related resources.

Read More: Earnings Per Share (EPS)

Insider Buying and Selling by Quarter for ANGI Homeservices (NASDAQ:ANGI)

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