William B. Ridenour Sells 10,803 Shares of ANGI Homeservices Inc (NASDAQ:ANGI) Stock

ANGI Homeservices Inc (NASDAQ:ANGI) CEO William B. Ridenour sold 10,803 shares of the company’s stock in a transaction that occurred on Thursday, July 18th. The stock was sold at an average price of $13.11, for a total transaction of $141,627.33. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

ANGI stock opened at $13.67 on Wednesday. The stock’s 50 day moving average is $13.92. The firm has a market cap of $6.79 billion, a PE ratio of 91.13, a price-to-earnings-growth ratio of 2.83 and a beta of 2.04. ANGI Homeservices Inc has a 1 year low of $12.62 and a 1 year high of $23.95. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.19 and a current ratio of 2.19.

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



A number of hedge funds have recently added to or reduced their stakes in ANGI. Great West Life Assurance Co. Can increased its position in ANGI Homeservices by 140.9% during 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 in the last quarter. First Manhattan Co. increased its position in ANGI Homeservices by 145.0% in the 1st quarter. First Manhattan Co. now owns 8,575 shares of the technology company’s stock valued at $132,000 after acquiring an additional 5,075 shares during the period. Squarepoint Ops LLC acquired a new position in ANGI Homeservices in the 4th quarter valued at approximately $165,000. Parametrica Management Ltd acquired a new position in ANGI Homeservices in the 1st quarter valued at approximately $176,000. Finally, Marshall Wace North America L.P. acquired a new position in ANGI Homeservices in the 1st quarter valued at approximately $220,000. Institutional investors and hedge funds own 14.38% of the company’s stock.

A number of brokerages have recently weighed in on ANGI. Needham & Company LLC downgraded shares of Acer Therapeutics from a “buy” rating to a “hold” rating in a report on Tuesday, June 25th. ValuEngine downgraded shares of Wolverine World Wide from a “hold” rating to a “sell” rating in a report on Monday, May 20th. SunTrust Banks reaffirmed a “buy” rating and set a $20.00 price target on shares of ANGI Homeservices in a report on Wednesday, May 22nd. TheStreet cut shares of Viavi Solutions from a “b-” rating to a “c+” rating in a research report on Monday, June 3rd. Finally, BidaskClub cut shares of Westport Fuel Systems from a “buy” rating to a “hold” rating in a research report on Friday, July 19th. One analyst has rated the stock with a sell rating, two have issued a hold rating and thirteen have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $22.69.

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.

Read More: Outperform Rating

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

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