Swiss National Bank decreased its holdings in shares of Angie’s List, Inc. (NASDAQ:ANGI) by 14.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 59,400 shares of the technology company’s stock after selling 10,400 shares during the quarter. Swiss National Bank owned approximately 0.10% of Angie’s List worth $760,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. BNP Paribas Arbitrage SA grew its stake in Angie’s List by 15,999.4% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 110,442 shares of the technology company’s stock valued at $1,413,000 after buying an additional 109,756 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in Angie’s List by 55.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 462,627 shares of the technology company’s stock valued at $2,637,000 after buying an additional 164,122 shares during the last quarter. Ameriprise Financial Inc. acquired a new position in Angie’s List in the 1st quarter valued at $1,327,000. TD Asset Management Inc. grew its stake in Angie’s List by 15.3% in the 2nd quarter. TD Asset Management Inc. now owns 183,253 shares of the technology company’s stock valued at $2,344,000 after buying an additional 24,253 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in Angie’s List by 5.6% in the 1st quarter. Geode Capital Management LLC now owns 362,277 shares of the technology company’s stock valued at $2,064,000 after buying an additional 19,232 shares during the last quarter. Institutional investors own 82.25% of the company’s stock.

A number of research firms recently issued reports on ANGI. Zacks Investment Research upgraded shares of Angie’s List from a “hold” rating to a “buy” rating and set a $14.00 target price on the stock in a research note on Wednesday, July 12th. BidaskClub lowered shares of Angie’s List from a “hold” rating to a “sell” rating in a research note on Friday, July 28th. Cowen and Company reiterated a “hold” rating and issued a $8.50 target price on shares of Angie’s List in a research note on Friday, July 14th. Finally, Wells Fargo & Co upgraded shares of Angie’s List from a “market perform” rating to an “outperform” rating and set a $14.00 target price on the stock in a research note on Thursday. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $12.14.

Angie’s List, Inc. (NASDAQ:ANGI) opened at 12.04 on Friday. The company’s market capitalization is $732.97 million. The stock’s 50 day moving average is $12.07 and its 200-day moving average is $11.18. Angie’s List, Inc. has a 12-month low of $5.22 and a 12-month high of $13.74.

Angie’s List (NASDAQ:ANGI) last released its quarterly earnings results on Wednesday, July 26th. The technology company reported ($0.13) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.10). Angie’s List had a negative net margin of 4.62% and a negative return on equity of 392.52%. The business had revenue of $72.80 million during the quarter, compared to analyst estimates of $73.87 million. During the same quarter last year, the company posted $0.08 earnings per share. The company’s revenue was down 12.3% on a year-over-year basis. On average, equities analysts predict that Angie’s List, Inc. will post ($0.07) earnings per share for the current fiscal year.

In related news, Director Michael S. Maurer sold 98,578 shares of the company’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $12.20, for a total transaction of $1,202,651.60. Following the completion of the sale, the director now owns 62,563 shares of the company’s stock, valued at $763,268.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Bowman Angela R. Hicks sold 300,000 shares of the company’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $11.96, for a total transaction of $3,588,000.00. Following the sale, the insider now directly owns 670,413 shares of the company’s stock, valued at approximately $8,018,139.48. The disclosure for this sale can be found here. Insiders sold 831,364 shares of company stock worth $9,936,056 over the last 90 days. 18.20% of the stock is currently owned by corporate insiders.

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About Angie’s List

Angie’s List, Inc operates a national local services consumer review service and marketplace. 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. Its 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.

Institutional Ownership by Quarter for Angie`s List (NASDAQ:ANGI)

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