Insider Selling: ANGI Homeservices Inc (ANGI) CEO Sells 10,954 Shares of Stock
ANGI Homeservices Inc (NASDAQ:ANGI) CEO William B. Ridenour sold 10,954 shares of the company’s stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $15.71, for a total value of $172,087.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
NASDAQ ANGI opened at $16.84 on Wednesday. ANGI Homeservices Inc has a 1-year low of $12.65 and a 1-year high of $23.95. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.36 and a current ratio of 2.36. The firm has a market capitalization of $8.17 billion, a PE ratio of 112.27, a P/E/G ratio of 3.57 and a beta of 2.19.
ANGI Homeservices (NASDAQ:ANGI) last posted its quarterly earnings results on Thursday, February 7th. The technology company reported $0.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.04. ANGI Homeservices had a net margin of 6.83% and a return on equity of 6.96%. The business had revenue of $279.00 million for the quarter, compared to the consensus estimate of $281.28 million. During the same period in the prior year, the business posted ($0.06) earnings per share. ANGI Homeservices’s revenue for the quarter was up 25.1% compared to the same quarter last year. On average, sell-side analysts predict that ANGI Homeservices Inc will post 0.18 EPS for the current year.
Several analysts have issued reports on the stock. 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 on the stock. BidaskClub downgraded shares of ANGI Homeservices from a “sell” rating to a “strong sell” rating in a research note on Saturday, March 30th. Zacks Investment Research raised shares of ANGI Homeservices from a “hold” rating to a “strong-buy” rating and set a $18.00 target price on the stock in a research note on Tuesday, April 16th. TheStreet raised shares of ANGI Homeservices from a “d+” rating to a “c-” rating in a research note on Friday, February 8th. Finally, ValuEngine downgraded shares of ANGI Homeservices from a “strong-buy” rating to a “buy” rating in a research note on Monday, March 11th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $23.08.
TRADEMARK VIOLATION NOTICE: “Insider Selling: ANGI Homeservices Inc (ANGI) CEO Sells 10,954 Shares of Stock” was posted by Watch List News and is the sole property of of Watch List News. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be read at https://www.watchlistnews.com/insider-selling-angi-homeservices-inc-angi-ceo-sells-10954-shares-of-stock/2983569.html.
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.
Read More: What are retained earnings?
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.