Craig M. Smith Sells 3,823 Shares of ANGI Homeservices Inc (NASDAQ:ANGI) Stock

ANGI Homeservices Inc (NASDAQ:ANGI) COO Craig M. Smith sold 3,823 shares of ANGI Homeservices stock in a transaction on Monday, July 8th. The shares were sold at an average price of $13.02, for a total transaction of $49,775.46. The sale was disclosed in a document filed with the SEC, which is available through this link.

ANGI stock opened at $13.82 on Friday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.19 and a current ratio of 2.19. ANGI Homeservices Inc has a 1 year low of $12.76 and a 1 year high of $23.95. The firm has a fifty day simple moving average of $14.11. The firm has a market cap of $7.00 billion, a price-to-earnings ratio of 92.13, a PEG ratio of 2.98 and a beta of 2.03.

ANGI Homeservices (NASDAQ:ANGI) last released its quarterly earnings data on Wednesday, May 8th. The technology company reported $0.02 earnings per share (EPS) for the quarter, beating the 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 business had revenue of $303.44 million during the quarter, compared to analyst estimates of $305.54 million. During the same quarter in the previous year, the business earned ($0.02) EPS. ANGI Homeservices’s quarterly revenue was up 18.9% compared to the same quarter last year. Sell-side analysts anticipate that ANGI Homeservices Inc will post 0.19 earnings per share for the current fiscal year.

A number of brokerages have issued reports on ANGI. ValuEngine lowered shares of Wolverine World Wide from a “hold” rating to a “sell” rating in a research note on Monday, May 20th. Aegis assumed coverage on shares of ANGI Homeservices in a research note on Monday, April 8th. They set a “buy” rating and a $22.00 target price for the company. Needham & Company LLC lowered shares of Acer Therapeutics from a “buy” rating to a “hold” rating in a research note on Tuesday, June 25th. JPMorgan Chase & Co. set a €118.00 ($137.21) price objective on shares of Deutsche Boerse and gave the company a “neutral” rating in a research note on Monday, April 29th. Finally, SunTrust Banks reaffirmed a “buy” rating and issued a $20.00 price objective on shares of ANGI Homeservices in a research note on Wednesday, May 22nd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and thirteen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $22.92.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Great West Life Assurance Co. Can raised its holdings 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 worth $97,000 after acquiring an additional 3,664 shares during the period. First Manhattan Co. raised its holdings in ANGI Homeservices by 145.0% in the 1st quarter. First Manhattan Co. now owns 8,575 shares of the technology company’s stock worth $132,000 after acquiring an additional 5,075 shares during the period. Squarepoint Ops LLC bought a new position in ANGI Homeservices in the 4th quarter worth $165,000. Parametrica Management Ltd bought a new position in ANGI Homeservices in the 1st quarter worth $176,000. Finally, Marshall Wace North America L.P. bought a new position in ANGI Homeservices in the 1st quarter worth $220,000. Hedge funds and other institutional investors own 14.38% of the company’s stock.

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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