ANGI Homeservices Inc (NASDAQ:ANGI) CEO Sells $139,674.36 in Stock

ANGI Homeservices Inc (NASDAQ:ANGI) CEO William B. Ridenour sold 10,794 shares of the stock in a transaction on Friday, July 5th. The stock was sold at an average price of $12.94, for a total value of $139,674.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

NASDAQ ANGI opened at $13.50 on Wednesday. The company’s 50-day moving average price is $14.16. ANGI Homeservices Inc has a twelve month low of $12.76 and a twelve month 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 capitalization of $6.55 billion, a P/E ratio of 90.00, a price-to-earnings-growth ratio of 2.80 and a beta of 2.04.

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



A number of equities research analysts recently issued reports on ANGI shares. ValuEngine upgraded ANGI Homeservices from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, May 1st. JPMorgan Chase & Co. initiated coverage on ANGI Homeservices in a report on Monday, April 29th. They issued an “overweight” rating and a $20.00 price target on the stock. TheStreet cut ANGI Homeservices from a “c-” rating to a “d+” rating in a report on Monday, June 3rd. BidaskClub raised shares of ANGI Homeservices from a “sell” rating to a “hold” rating in a research note on Tuesday, June 11th. Finally, SunTrust Banks reaffirmed a “buy” rating and issued a $20.00 target price on shares of ANGI Homeservices in a research note on Wednesday, May 22nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and thirteen have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $22.92.

Several hedge funds and other institutional investors have recently made changes to their positions in ANGI. Engle Capital Management L.P. purchased a new position in shares of ANGI Homeservices during the fourth quarter worth approximately $1,768,000. Two Sigma Investments LP raised its position in ANGI Homeservices by 237.9% in the 4th quarter. Two Sigma Investments LP now owns 1,022,264 shares of the technology company’s stock worth $16,428,000 after purchasing an additional 719,773 shares during the period. Great West Life Assurance Co. Can raised its position in 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 worth $97,000 after purchasing an additional 3,664 shares during the period. California Public Employees Retirement System purchased a new position in ANGI Homeservices in the 4th quarter worth $585,000. Finally, Geode Capital Management LLC raised its position in ANGI Homeservices by 5.3% in the 4th quarter. Geode Capital Management LLC now owns 447,798 shares of the technology company’s stock worth $7,196,000 after purchasing an additional 22,433 shares during the period. 14.38% of the stock is currently owned by institutional investors.

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

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