ANGI Homeservices Inc (ANGI) CMO Allison Lowrie Sells 27,639 Shares

ANGI Homeservices Inc (NASDAQ:ANGI) CMO Allison Lowrie sold 27,639 shares of ANGI Homeservices stock in a transaction dated Thursday, November 29th. The stock was sold at an average price of $17.55, for a total value of $485,064.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Allison Lowrie also recently made the following trade(s):

  • On Wednesday, November 21st, Allison Lowrie sold 50,000 shares of ANGI Homeservices stock. The stock was sold at an average price of $18.16, for a total value of $908,000.00.

NASDAQ ANGI traded up $0.11 during trading hours on Monday, hitting $17.64. 2,516,580 shares of the company were exchanged, compared to its average volume of 803,177. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.33 and a quick ratio of 2.33. ANGI Homeservices Inc has a 52 week low of $10.24 and a 52 week high of $23.95. The stock has a market capitalization of $1.31 billion, a P/E ratio of -80.18, a PEG ratio of 6.15 and a beta of 2.24.

ANGI Homeservices (NASDAQ:ANGI) last issued its quarterly earnings data on Wednesday, November 7th. The technology company reported $0.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.01. ANGI Homeservices had a negative return on equity of 0.53% and a negative net margin of 1.63%. The company had revenue of $303.10 million for the quarter, compared to analysts’ expectations of $296.57 million. During the same period in the previous year, the firm posted ($0.17) earnings per share. The firm’s revenue for the quarter was up 66.8% on a year-over-year basis. As a group, equities research analysts anticipate that ANGI Homeservices Inc will post 0.11 earnings per share for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the business. FMR LLC increased its stake in ANGI Homeservices by 2.5% during the second quarter. FMR LLC now owns 9,699,570 shares of the technology company’s stock worth $149,179,000 after acquiring an additional 239,681 shares during the last quarter. CIBC Asset Management Inc bought a new stake in ANGI Homeservices during the second quarter worth approximately $260,000. Swiss National Bank increased its stake in ANGI Homeservices by 10.4% during the second quarter. Swiss National Bank now owns 71,000 shares of the technology company’s stock worth $1,092,000 after acquiring an additional 6,700 shares during the last quarter. Granahan Investment Management Inc. MA bought a new stake in ANGI Homeservices during the second quarter worth approximately $202,000. Finally, RWC Asset Management LLP increased its stake in ANGI Homeservices by 30.1% during the third quarter. RWC Asset Management LLP now owns 819,828 shares of the technology company’s stock worth $19,250,000 after acquiring an additional 189,828 shares during the last quarter. 83.41% of the stock is currently owned by institutional investors.

Several brokerages have recently issued reports on ANGI. MKM Partners reduced their target price on ANGI Homeservices from $56.00 to $40.00 and set a “buy” rating on the stock in a report on Thursday. Macquarie began coverage on ANGI Homeservices in a report on Wednesday, November 28th. They issued an “outperform” rating on the stock. Zacks Investment Research cut ANGI Homeservices from a “strong-buy” rating to a “hold” rating in a report on Monday, November 12th. Nomura began coverage on ANGI Homeservices in a report on Friday, October 12th. They issued a “neutral” rating and a $20.00 target price on the stock. They noted that the move was a valuation call. Finally, BidaskClub cut ANGI Homeservices from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 11th. Four equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. ANGI Homeservices has an average rating of “Buy” and an average target price of $22.18.

WARNING: “ANGI Homeservices Inc (ANGI) CMO Allison Lowrie Sells 27,639 Shares” was published by Community Financial News and is the sole property of of Community Financial News. If you are reading this article on another publication, it was stolen and reposted in violation of United States & international copyright laws. The correct version of this article can be viewed at https://www.com-unik.info/2018/12/03/angi-homeservices-inc-angi-cmo-allison-lowrie-sells-27639-shares.html.

ANGI Homeservices Company Profile

ANGI Homeservices Inc owns and operates the HomeAdvisor digital marketplace service to connect consumers with service professionals for home repair, maintenance, and improvement projects. The company operates through two segments, North America and Europe. Its marketplace provides consumers with tools and resources to help them find local, pre-screened, and customer-rated service professionals, as well as book appointments with those professionals online or connect with them by telephone; and offers several home services-related resources.

Recommended Story: What is Compound Interest?

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

Receive News & Ratings for ANGI Homeservices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ANGI Homeservices and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit