ANGI Homeservices Inc (NASDAQ: ANGI)’s proportion charge hit a new 52-week low during trading on Tuesday after an insider sold shares inside the corporation. The employer traded as low as $thirteen.36 and ultimately traded at $thirteen — fifty-two, with 1236868 shares. The inventory had previously closed at $14.38.
Specifically, CEO William B. Ridenour sold 10,933 commercial enterprise stock on Thursday, March 28. The stock was bought at a mean charge of $15.50, for a complete value of $169,461.50. The transaction was disclosed in a submission with the SEC, which is obtainable via this hyperlink. Also, CMO Allison Lowrie bought 7,618 shares of the business’s stock in a transaction on Tuesday, April 2. The stocks had been sold at an average rate of $15.Fifty-three, for a total value of $118,307.Fifty-four. The disclosure for this sale may be located here. Insiders sold 289,096 organizational stock worth $4,454,123 during the last ninety days. Corporate insiders very own 13.10% of the agency’s stock.
Several studies analysts have recently issued reviews on the employer. BidaskClub reduces ANGI Homeservices from a “preserve” rating to a “promote” score in a studies document on Tuesday, May 16. In studies observed on Friday, May 10, Zacks Investment Research downgraded ANGI Homeservices from a “buy” score to a “preserve” rating. Needham & Company LLC reissued a “purchase” rating and set a $20.00 goal fee (down from $23.00) on stocks of ANGI Homeservices in a research word on Tuesday. Aegis started insurance on ANGI Homeservices in a file on Monday, April 8. They set a “purchase” rating and a $22.00 goal price on the inventory. Finally, SunTrust Banks restated a “buy” rating and set a $20.00 rate objective on shares of ANGI Homeservices in a file on Wednesday, May 22. Four investment analysts rated the inventory with a maintain rating, and 13 gave the inventory a buy rating. The agency currently has an average rating of “Buy” and a median target rate of $22.Ninety-two.
The company has a market capitalization of $7.Forty billion, a PE ratio of ninety.Thirteen, a P/E/G ratio of three. Sixteen, and a beta of two.27. The business enterprise has a short ratio of two.19, a cutting-edge ratio of two.19, and a debt-to-equity ratio of 0.18. The inventory’s 50-day moving average is $15.06.
ANGI Homeservices (NASDAQ: ANGI) finally issued its quarterly earnings records on Wednesday, May 8. The generation organization pronounced $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) using $ zero.03. ANGI Homeservices had a net margin of 8.15%, and a go-back on equity of 8.11%. The business had revenue of $303.Forty-four million for the quarter compared to analyst estimates of $305.54 million. During the identical period final year, the business published ($0.02) earnings in step with proportion. The company’s quarterly revenue became up 18.9% on a year-over-year basis. As a set, equities analysts forecast that ANGI Homeservices Inc. will put up zero.19 EPS for the current year.
Several hedge finances have recently made modifications to their positions in the stock. Great-West Life Assurance Co. can raise its position in the stock of ANGI Homeservices by one hundred forty. Nine in the 4th quarter. Great-West Life Assurance Co. Can now own 6,264 stocks of the era enterprise’s stock valued at $97,000 after buying three 664 stocks within the final area. United Services Automobile Association boosted its stake in ANGI Homeservices by 13.2% throughout the fourth zone. United Services Automobile Association now owns 42,854 stocks of the generation employer’s inventory well worth $689,000 after obtaining five 000 shares within the last region.
First, Manhattan Co. boosted its stake in ANGI Homeservices by one hundred forty-five .0% during the primary sector. First Manhattan Co. Now owns 8,575 shares of the technology enterprise’s stock worth $132,000 after acquiring an extra five 1/2 stocks inside the remaining area. Dimensional Fund Advisors LP boosted its stake in ANGI Homeservices by 3.0% for the duration of the fourth area. Dimensional Fund Advisors LP now owns 221,787 shares of the generation business enterprise’s inventory worth $3,564,000 after obtaining a further 6,442 shares in the last region.
Finally, Bank of America Corp DE raised its holdings in ANGI Homeservices by 28.Four at some point in the fourth zone. Bank of America Corp DE now owns 38,471 shares of the generation corporation’s inventory worth $618,000 after buying an additional 8,504 stocks over the past region. Institutional buyers and hedge funds own 14.38% of the stock.
ANGI Homeservices Company Profile (NASDAQ: ANGI)
ANGI Homeservices Inc. operates a virtual market for home offerings, connecting hundreds of thousands of homeowners with home service specialists in North America and Europe. Its HomeAdvisor virtual marketplace provider connects consumers with carrier experts for home repair, upkeep, and improvement projects and offers customers tools and assets to assist them in discovering local, pre-screened, and patron-rated carrier specialists.