ANGI Homeservices Inc (NASDAQ:ANGI) COO Craig M. Smith Sells 3,955 Shares

ANGI Homeservices Inc (NASDAQ:ANGI) COO Craig M. Smith sold 3,955 shares of the business’s stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of $15.08, for a total value of $59,641.40. The transaction was disclosed in a filing with the SEC, which is available through this link.

ANGI traded down $0.31 during trading hours on Wednesday, reaching $14.72. 404,979 shares of the company’s stock traded hands, compared to its average volume of 1,010,465. ANGI Homeservices Inc has a 52-week low of $13.71 and a 52-week high of $23.95. The company has a quick ratio of 2.19, a current ratio of 2.19 and a debt-to-equity ratio of 0.18. The stock has a market cap of $7.61 billion, a P/E ratio of 98.13, a PEG ratio of 3.18 and a beta of 2.27.

ANGI Homeservices (NASDAQ:ANGI) last posted its quarterly earnings data on Wednesday, May 8th. The technology company reported $0.02 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.03. ANGI Homeservices had a return on equity of 8.11% and a net margin of 8.15%. The company had revenue of $303.44 million during the quarter, compared to analysts’ expectations of $305.54 million. During the same quarter in the previous year, the business earned ($0.02) EPS. ANGI Homeservices’s revenue was up 18.9% compared to the same quarter last year. Equities analysts anticipate that ANGI Homeservices Inc will post 0.19 EPS for the current fiscal year.



A number of institutional investors and hedge funds have recently bought and sold shares of the stock. FMR LLC boosted its holdings in ANGI Homeservices by 3.4% during the 1st quarter. FMR LLC now owns 12,437,965 shares of the technology company’s stock valued at $192,041,000 after acquiring an additional 409,611 shares during the period. BlackRock Inc. boosted its holdings in ANGI Homeservices by 66.5% during the 1st quarter. BlackRock Inc. now owns 4,963,440 shares of the technology company’s stock valued at $76,635,000 after acquiring an additional 1,983,056 shares during the period. SQN Investors LP boosted its holdings in ANGI Homeservices by 37.3% during the 1st quarter. SQN Investors LP now owns 4,886,483 shares of the technology company’s stock valued at $75,447,000 after acquiring an additional 1,327,312 shares during the period. Renaissance Technologies LLC boosted its holdings in ANGI Homeservices by 402.2% during the 1st quarter. Renaissance Technologies LLC now owns 1,358,500 shares of the technology company’s stock valued at $20,975,000 after acquiring an additional 1,088,000 shares during the period. Finally, Two Sigma Investments LP boosted its holdings in ANGI Homeservices by 237.9% during the 4th quarter. Two Sigma Investments LP now owns 1,022,264 shares of the technology company’s stock valued at $16,428,000 after acquiring an additional 719,773 shares during the period. Institutional investors own 14.38% of the company’s stock.

Several equities analysts have recently weighed in on the company. Zacks Investment Research downgraded ANGI Homeservices from a “buy” rating to a “hold” rating in a research report on Friday, May 10th. BidaskClub raised ANGI Homeservices from a “sell” rating to a “hold” rating in a research report on Tuesday. ValuEngine downgraded ANGI Homeservices from a “strong-buy” rating to a “buy” rating in a research report on Monday, May 20th. TheStreet downgraded ANGI Homeservices from a “c-” rating to a “d+” rating in a research report on Monday, June 3rd. Finally, SunTrust Banks reissued a “buy” rating and set a $20.00 target price on shares of ANGI Homeservices in a research report on Wednesday, May 22nd. Four research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $23.15.

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About ANGI Homeservices

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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