Craig M. Smith Sells 4,003 Shares of ANGI Homeservices Inc (NASDAQ:ANGI) Stock

ANGI Homeservices Inc (NASDAQ:ANGI) COO Craig M. Smith sold 4,003 shares of the business’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $15.64, for a total value of $62,606.92. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Shares of ANGI Homeservices stock traded down $0.50 on Friday, hitting $16.00. 2,219,869 shares of the company’s stock traded hands, compared to its average volume of 1,455,323. ANGI Homeservices Inc has a one year low of $13.80 and a one year high of $23.95. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.19 and a quick ratio of 2.36. The firm has a market cap of $8.32 billion, a price-to-earnings ratio of 106.67, a PEG ratio of 3.69 and a beta of 2.21.

ANGI Homeservices (NASDAQ:ANGI) last announced its earnings results on Wednesday, May 8th. The technology company reported $0.02 EPS for the quarter, beating the 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 for the quarter, compared to analyst estimates of $305.54 million. During the same quarter in the prior year, the company earned ($0.02) EPS. The firm’s revenue for the quarter was up 18.9% compared to the same quarter last year. On average, sell-side analysts expect that ANGI Homeservices Inc will post 0.18 EPS for the current fiscal year.

A number of equities analysts have recently commented on ANGI shares. BidaskClub raised ANGI Homeservices from a “hold” rating to a “buy” rating in a report on Monday, February 4th. Zacks Investment Research cut ANGI Homeservices from a “buy” rating to a “hold” rating in a report on Thursday, February 14th. Goldman Sachs Group started coverage on ANGI Homeservices in a report on Monday, February 4th. They set a “buy” rating and a $20.00 price target for the company. ValuEngine cut ANGI Homeservices from a “strong-buy” rating to a “buy” rating in a report on Monday, March 11th. Finally, JPMorgan Chase & Co. started coverage on ANGI Homeservices in a report on Monday, April 29th. They set an “overweight” rating and a $20.00 price target for the company. Four investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $22.86.

A number of large investors have recently made changes to their positions in the business. FMR LLC boosted its holdings in ANGI Homeservices by 41.0% in the fourth quarter. FMR LLC now owns 12,028,354 shares of the technology company’s stock worth $193,297,000 after acquiring an additional 3,497,745 shares in the last quarter. Vanguard Group Inc. boosted its holdings in ANGI Homeservices by 2.7% in the third quarter. Vanguard Group Inc. now owns 4,985,047 shares of the technology company’s stock worth $117,049,000 after acquiring an additional 133,122 shares in the last quarter. Vanguard Group Inc boosted its holdings in ANGI Homeservices by 2.7% in the third quarter. Vanguard Group Inc now owns 4,985,047 shares of the technology company’s stock worth $117,049,000 after acquiring an additional 133,122 shares in the last quarter. BlackRock Inc. boosted its holdings in ANGI Homeservices by 66.5% in the first quarter. BlackRock Inc. now owns 4,963,440 shares of the technology company’s stock worth $76,635,000 after acquiring an additional 1,983,056 shares in the last quarter. Finally, SQN Investors LP boosted its holdings in ANGI Homeservices by 17.7% in the fourth quarter. SQN Investors LP now owns 3,559,171 shares of the technology company’s stock worth $57,196,000 after acquiring an additional 534,176 shares in the last quarter. Institutional investors and hedge funds own 13.40% of the company’s stock.

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

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