Dimensional Fund Advisors LP lifted its holdings in Angie’s List, Inc. (NASDAQ:ANGI) by 31.3% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 607,595 shares of the technology company’s stock after purchasing an additional 144,968 shares during the period. Dimensional Fund Advisors LP owned about 1.00% of Angie’s List worth $7,771,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in ANGI. Harvest Management LLC purchased a new stake in Angie’s List during the second quarter valued at approximately $192,000. Marshall Wace North America L.P. purchased a new stake in Angie’s List during the second quarter valued at approximately $237,000. Parametric Portfolio Associates LLC lifted its position in Angie’s List by 76.8% during the second quarter. Parametric Portfolio Associates LLC now owns 21,808 shares of the technology company’s stock valued at $279,000 after acquiring an additional 9,472 shares during the last quarter. American International Group Inc. lifted its position in Angie’s List by 7.1% during the first quarter. American International Group Inc. now owns 24,481 shares of the technology company’s stock valued at $140,000 after acquiring an additional 1,621 shares during the last quarter. Finally, JPMorgan Chase & Co. purchased a new stake in Angie’s List during the first quarter valued at approximately $153,000. 80.90% of the stock is owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION NOTICE: “Dimensional Fund Advisors LP Increases Stake in Angie’s List, Inc. (ANGI)” was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another domain, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The legal version of this story can be accessed at https://www.thecerbatgem.com/2017/11/20/dimensional-fund-advisors-lp-increases-stake-in-angies-list-inc-angi.html.

In related news, Director Michael S. Maurer sold 98,578 shares of the firm’s stock in a transaction on Friday, August 25th. The shares were sold at an average price of $12.20, for a total transaction of $1,202,651.60. Following the sale, the director now owns 62,563 shares in the company, valued at $763,268.60. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Michael S. Maurer sold 63,641 shares of the firm’s stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $12.11, for a total transaction of $770,692.51. Following the sale, the director now owns 156,204 shares in the company, valued at approximately $1,891,630.44. The disclosure for this sale can be found here. Insiders sold 228,719 shares of company stock worth $2,789,464 in the last quarter. Company insiders own 18.20% of the company’s stock.

Shares of Angie’s List, Inc. (NASDAQ ANGI) opened at $11.86 on Monday. Angie’s List, Inc. has a 52 week low of $5.22 and a 52 week high of $13.74. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.08.

Angie’s List (NASDAQ:ANGI) last released its quarterly earnings data on Wednesday, November 8th. The technology company reported ($0.02) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.18). The business had revenue of $181.70 million during the quarter, compared to analyst estimates of $184.47 million. Angie’s List had a negative return on equity of 25.20% and a negative net margin of 17.04%. The firm’s revenue was up 36.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.28) EPS. equities research analysts expect that Angie’s List, Inc. will post -0.23 EPS for the current year.

A number of equities research analysts recently commented on ANGI shares. Goldman Sachs Group, Inc. (The) started coverage on shares of Angie’s List in a research report on Wednesday, October 11th. They set a “buy” rating and a $14.00 target price for the company. Zacks Investment Research cut shares of Angie’s List from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and issued a $14.00 price target on shares of Angie’s List in a report on Thursday, October 5th. BidaskClub raised shares of Angie’s List from a “strong sell” rating to a “sell” rating in a report on Saturday, August 19th. Finally, Wells Fargo & Company raised shares of Angie’s List from a “market perform” rating to an “outperform” rating and set a $14.00 price target for the company in a report on Thursday, October 19th. One analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company’s stock. Angie’s List has an average rating of “Hold” and an average target price of $12.14.

About Angie’s List

ANGI Homeservices Inc is focused on creating digital marketplace for home services, connecting homeowners across the globe with home service professionals. The Company operates 10 brands including Angie’s List, HomeAdvisor, HomeStars, Instapro, MyBuilder, MyHammer, Travaux, Werkspot, CraftJack and mHelpDesk.

Institutional Ownership by Quarter for Angie`s List (NASDAQ:ANGI)

Receive News & Stock Ratings for Angie's List Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Angie's List Inc. and related stocks with our FREE daily email newsletter.