ANGI Homeservices Inc (ANGI) CEO William B. Ridenour Sells 10,925 Shares

ANGI Homeservices Inc (NASDAQ:ANGI) CEO William B. Ridenour sold 10,925 shares of the business’s stock in a transaction dated Thursday, May 16th. The stock was sold at an average price of $15.45, for a total transaction of $168,791.25. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Shares of ANGI stock opened at $14.90 on Wednesday. The company has a current ratio of 2.19, a quick ratio of 2.19 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $7.69 billion, a PE ratio of 99.33, a PEG ratio of 3.38 and a beta of 2.21. ANGI Homeservices Inc has a 52-week low of $13.80 and a 52-week high of $23.95.

ANGI Homeservices (NASDAQ:ANGI) last issued its earnings results on Wednesday, May 8th. The technology company reported $0.02 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.03. ANGI Homeservices had a net margin of 8.15% and a return on equity of 8.11%. The company had revenue of $303.44 million for the quarter, compared to analysts’ expectations of $305.54 million. During the same period in the prior year, the firm earned ($0.02) EPS. ANGI Homeservices’s quarterly revenue was up 18.9% compared to the same quarter last year. As a group, equities analysts forecast that ANGI Homeservices Inc will post 0.18 earnings per share for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Wells Fargo & Company MN grew its stake in ANGI Homeservices by 2.5% in the 1st quarter. Wells Fargo & Company MN now owns 77,658 shares of the technology company’s stock valued at $1,199,000 after buying an additional 1,903 shares during the last quarter. Massey Quick Simon & CO. LLC acquired a new position in ANGI Homeservices in the 4th quarter valued at about $34,000. First Manhattan Co. acquired a new position in ANGI Homeservices in the 4th quarter valued at about $56,000. Great West Life Assurance Co. Can grew its stake 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 valued at $97,000 after buying an additional 3,664 shares during the last quarter. Finally, United Services Automobile Association grew its stake in ANGI Homeservices by 13.2% in the 4th quarter. United Services Automobile Association now owns 42,854 shares of the technology company’s stock valued at $689,000 after buying an additional 5,000 shares during the last quarter. Institutional investors and hedge funds own 13.37% of the company’s stock.

Several equities research analysts have commented on ANGI shares. JPMorgan Chase & Co. started coverage on shares of ANGI Homeservices in a research report on Monday, April 29th. They set an “overweight” rating and a $20.00 price target on the stock. Goldman Sachs Group assumed coverage on shares of ANGI Homeservices in a report on Monday, February 4th. They issued a “buy” rating and a $20.00 target price on the stock. Aegis assumed coverage on shares of ANGI Homeservices in a report on Monday, April 8th. They issued a “buy” rating and a $22.00 target price on the stock. Zacks Investment Research raised shares of ANGI Homeservices from a “hold” rating to a “strong-buy” rating and set a $18.00 target price on the stock in a report on Tuesday, April 16th. Finally, TheStreet raised shares of ANGI Homeservices from a “d+” rating to a “c-” rating in a report on Friday, February 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $22.86.

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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.

See Also: Price to Earnings Ratio (PE), For Valuing Stocks

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

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