Angie’s List, Inc. (NASDAQ:ANGI) Director Michael S. Maurer sold 16,500 shares of the stock in a transaction dated Thursday, August 24th. The shares were sold at an average price of $12.28, for a total transaction of $202,620.00. Following the sale, the director now directly owns 62,563 shares in the company, valued at $768,273.64. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of Angie’s List, Inc. (NASDAQ:ANGI) opened at 12.17 on Friday. The company’s market cap is $740.89 million. The firm’s 50-day moving average is $12.24 and its 200-day moving average is $9.41. Angie’s List, Inc. has a 1-year low of $5.22 and a 1-year high of $13.28.

Angie’s List (NASDAQ:ANGI) last announced its earnings results on Wednesday, July 26th. The technology company reported ($0.13) earnings per share for the quarter, missing the consensus estimate of ($0.03) by $0.10. Angie’s List had a negative net margin of 4.62% and a negative return on equity of 392.52%. The company had revenue of $72.80 million during the quarter, compared to analysts’ expectations of $73.87 million. During the same quarter last year, the business posted $0.08 earnings per share. The company’s revenue for the quarter was down 12.3% compared to the same quarter last year. On average, equities analysts forecast that Angie’s List, Inc. will post ($0.06) earnings per share for the current fiscal year.

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Several hedge funds have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company increased its stake in Angie’s List by 0.7% in the second quarter. The Manufacturers Life Insurance Company now owns 32,598 shares of the technology company’s stock worth $416,000 after buying an additional 216 shares during the period. State Street Corp increased its stake in Angie’s List by 6.5% in the second quarter. State Street Corp now owns 766,698 shares of the technology company’s stock worth $9,803,000 after buying an additional 47,008 shares during the period. Gotham Asset Management LLC acquired a new stake in Angie’s List during the second quarter worth $513,000. Capital Research Global Investors acquired a new stake in Angie’s List during the second quarter worth $37,217,000. Finally, Zacks Investment Management acquired a new stake in Angie’s List during the second quarter worth $296,000. Hedge funds and other institutional investors own 70.37% of the company’s stock.

ANGI has been the topic of a number of recent analyst reports. Loop Capital downgraded shares of Angie’s List from a “buy” rating to a “hold” rating in a report on Tuesday, May 2nd. Jefferies Group LLC downgraded shares of Angie’s List from a “buy” rating to a “hold” rating in a report on Wednesday, May 3rd. Zacks Investment Research downgraded shares of Angie’s List from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 24th. ValuEngine raised shares of Angie’s List from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Cowen and Company reaffirmed a “hold” rating and set a $8.50 price target on shares of Angie’s List in a report on Friday, July 14th. Two analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company’s stock. Angie’s List currently has an average rating of “Hold” and a consensus target price of $10.65.

Angie’s List Company Profile

Angie’s List, Inc operates a national local services consumer review service and marketplace. As of December 31, 2016, the Company helped facilitate transactions between over five million members and its collection of service providers in over 700 categories of service nationwide. Its tools, services and content across multiple platforms enables consumers to research, shop for and purchase local services for needs, as well as rate and review the providers of these services across the United States.

Insider Buying and Selling by Quarter for Angie`s List (NASDAQ:ANGI)

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