Angie’s List, Inc. (ANGI) Holdings Boosted by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC grew its holdings in Angie’s List, Inc. (NASDAQ:ANGI) by 2,069.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,019,753 shares of the technology company’s stock after purchasing an additional 1,926,670 shares during the quarter. Stephens Investment Management Group LLC owned about 3.30% of Angie’s List worth $25,166,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of ANGI. American International Group Inc. boosted its stake in Angie’s List by 7.1% in the first quarter. American International Group Inc. now owns 24,481 shares of the technology company’s stock worth $140,000 after purchasing an additional 1,621 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in Angie’s List in the first quarter worth $153,000. SG Americas Securities LLC acquired a new position in Angie’s List in the third quarter worth $160,000. Metropolitan Life Insurance Co. NY boosted its stake in Angie’s List by 11.9% in the first quarter. Metropolitan Life Insurance Co. NY now owns 30,591 shares of the technology company’s stock worth $174,000 after purchasing an additional 3,264 shares in the last quarter. Finally, Harvest Management LLC acquired a new position in Angie’s List in the second quarter worth $192,000. 80.90% of the stock is currently owned by institutional investors.

Angie’s List, Inc. (NASDAQ ANGI) traded up $0.04 during trading hours on Tuesday, hitting $11.90. The company had a trading volume of 257,500 shares, compared to its average volume of 679,645. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.08. Angie’s List, Inc. has a fifty-two week low of $5.22 and a fifty-two week high of $13.74.

Angie’s List (NASDAQ:ANGI) last posted its quarterly earnings data on Wednesday, November 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.18). The firm had revenue of $181.70 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up 36.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.28) earnings per share. research analysts predict that Angie’s List, Inc. will post -0.23 earnings per share for the current year.

Several equities analysts have recently issued reports on ANGI shares. BidaskClub lowered Angie’s List from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Zacks Investment Research lowered Angie’s List from a “buy” rating to a “hold” rating in a research note on Friday, July 28th. Piper Jaffray Companies started coverage on Angie’s List in a research note on Wednesday, August 16th. They set an “overweight” rating and a $14.00 price target on the stock. Oppenheimer Holdings, Inc. reaffirmed an “outperform” rating and set a $14.00 price target on shares of Angie’s List in a research note on Thursday, October 5th. Finally, CIBC started coverage on Angie’s List in a research note on Thursday, October 5th. They set an “outperform” rating and a $14.00 price target on the stock. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $12.14.

In related news, Director Michael S. Maurer sold 50,000 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $12.27, for a total transaction of $613,500.00. Following the completion of the transaction, the director now directly owns 62,563 shares of the company’s stock, valued at $767,648.01. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael S. Maurer sold 16,500 shares of the stock in a transaction that occurred on Thursday, August 24th. The shares were sold at an average price of $12.28, for a total value of $202,620.00. Following the transaction, the director now directly owns 62,563 shares of the company’s stock, valued at $768,273.64. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 165,078 shares of company stock valued at $2,018,772. 18.20% of the stock is owned by corporate insiders.

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Angie’s List Profile

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)

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