Company shares last traded at $12.67 which is marginally over $11.94, the 50 day moving average and just a bit higher than the 200 day moving average of $8.15. The 50 day moving average went up $0.73 or +6.14% whereas the 200 day moving average was up $4.52 or +55.52%. (NASDAQ:ANGI) shares saw light trading volume with 207K shares changing hands by the end of trading on Thursday. Trading volume was down 74.36% under the stocks average daily volume.
Investors are a little more bearish on shares of Angie’s List, Inc. recently considering the rise in short interest. The company had a rise in short interest between June 15, 2017 and May 31, 2017 of 0.97%. Short interest increased 99,003 over that period. The days to cover increased to 30.1 and the percentage of shorted shares was 0.17% on May 31.
There has been some selling insider activity on Angie’s List, Inc. (NASDAQ:ANGI) recently. Scott A. Durchslag, President & CEO disclosed the sale of 40,358 shares of ANGI stock. The shares were purchased at an average price of $5.51. The President & CEO now owns $1,708,331 of the stock according to the SEC filing. CFO Thomas R. Fox sold 9,629 shares at a price of $5.46 on March 1st. That brings the CFO’s holdings to $224,575 as reported to the SEC.
Darin E. Brown, CTO reported the sale of 3,238 shares of (ANGI). The shares were sold on December 29th for an average price of $8.25. Brown now owns $30,129 of the stock per the Form 4 SEC filing.
The following firms have also recently changed their position in ANGI. As of the end of the quarter Tower Research Capital LLC (trc) had acquired a total of 376 shares growing its stake by 529.6%. The value of the company’s investment in Angie’s List, Inc. went from $1,000 to $3,000 a change of 200.0% since the last quarter. As of quarter end Goldman Sachs Group Inc had bought 632 shares growing its position 5.0%. The value of the total investment in Angie’s List, Inc. decreased from $104,000 to $76,000 a change of $28,000 quarter over quarter.
Price T Rowe Associates Inc /md/ added to its stake by buying 1,318,192 shares an increase of 21.1% in the quarter. Price T Rowe Associates Inc /md/ now controls 7,568,752 shares worth $43,142,000. The value of the position overall is down by 16.1%. J. Goldman & Co Lp bolstered its investment by buying 881,900 shares an increase of 171.2% from 12/31/2016 to 03/31/2017. J. Goldman & Co Lp claims 1,396,900 shares with a value of $7,962,000. The total value of its holdings increased 87.9%.
On August 19 the stock rating was upgraded to “Outperform” from “Market Perform” in a statement from Raymond James. On January 28 analysts at Roth Capital started covering the stock setting a rating of “Neutral”.
On November 12 the company was upgraded from “Underperform” to “Market Perform” by Raymond James. On November 12 the company was upgraded from “” to “Outperform” with a current price target of $13.00 in a report from Oppenheimer.
On July 30, 2015 Northland Securities held the price target at $4.00 and upgraded the company from Underperform to Market Perform. On July 30 the company was upgraded from “Underperform” to “Market Perform” and a price target of $4.00 was set in an announcement from Northland Securities.
The company is so far trading down by -1.09 percent from yesterday’s close. As of the latest earnings report the EPS was $-0.02 and is estimated to be $-0.02 for the current year with 59,866,000 shares presently outstanding. Next quarter’s EPS is expected be $-0.10 with next year’s EPS projected to be $0.04.
Angie’s List, Inc., launched on April 23, 2010, operates a national local services consumer review service and marketplace focusing on managing the local service experience for both members and service providers. As of December 31, 2016, the Company helped facilitate transactions between over five million members and its collection of service providers in over 700 categories of service nationwide. The Business’s tools, services and content across multiple platforms enables consumers to research, shop for and purchase local services for needs, as well as rate and review the providers of these services across the United States. The Business’s ratings and reviews assist its members in identifying and hiring the provider for their local service needs. The Business’s services include member services and service provider services..