Fmr LLC trimmed its stake in ANGI Homeservices Inc (NASDAQ:ANGI) by 12.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 8,530,609 shares of the technology company’s stock after selling 1,168,961 shares during the quarter. Fmr LLC owned 0.13% of ANGI Homeservices worth $200,299,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of ANGI. BlackRock Inc. lifted its position in shares of ANGI Homeservices by 69.2% in the 3rd quarter. BlackRock Inc. now owns 1,718,505 shares of the technology company’s stock worth $40,352,000 after purchasing an additional 702,579 shares during the period. RWC Asset Management LLP lifted its position in ANGI Homeservices by 30.1% during the 3rd quarter. RWC Asset Management LLP now owns 819,828 shares of the technology company’s stock valued at $19,250,000 after acquiring an additional 189,828 shares during the period. Northern Trust Corp lifted its position in ANGI Homeservices by 123.4% during the 2nd quarter. Northern Trust Corp now owns 308,619 shares of the technology company’s stock valued at $4,747,000 after acquiring an additional 170,475 shares during the period. Waratah Capital Advisors Ltd. purchased a new position in ANGI Homeservices during the 3rd quarter valued at about $2,267,000. Finally, Spark Investment Management LLC lifted its position in ANGI Homeservices by 145.6% during the 2nd quarter. Spark Investment Management LLC now owns 128,700 shares of the technology company’s stock valued at $1,979,000 after acquiring an additional 76,300 shares during the period. 83.41% of the stock is owned by hedge funds and other institutional investors.
A number of research analysts recently issued reports on ANGI shares. BidaskClub cut shares of ANGI Homeservices from a “strong-buy” rating to a “buy” rating in a research report on Thursday, October 11th. Zacks Investment Research raised shares of ANGI Homeservices from a “hold” rating to a “buy” rating and set a $22.00 price target for the company in a research report on Monday, August 13th. Raymond James lifted their price target on shares of ANGI Homeservices from $20.00 to $25.00 and gave the company an “outperform” rating in a research report on Wednesday, October 3rd. UBS Group lifted their price target on shares of ANGI Homeservices from $22.00 to $27.00 and gave the company a “buy” rating in a research report on Wednesday, September 26th. Finally, Wedbush started coverage on shares of ANGI Homeservices in a research report on Thursday, September 13th. They set an “outperform” rating and a $26.00 price target for the company. Three research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $23.20.
Shares of NASDAQ ANGI opened at $17.02 on Thursday. The stock has a market cap of $1.31 billion, a P/E ratio of -77.36, a price-to-earnings-growth ratio of 6.19 and a beta of 2.23. 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 1 year low of $10.24 and a 1 year high of $23.95.
ANGI Homeservices (NASDAQ:ANGI) last released its quarterly earnings data on Wednesday, November 7th. The technology company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. The business had revenue of $303.10 million during the quarter, compared to analyst estimates of $296.57 million. ANGI Homeservices had a negative net margin of 1.63% and a negative return on equity of 0.53%. ANGI Homeservices’s revenue was up 66.8% compared to the same quarter last year. During the same period last year, the business earned ($0.17) EPS. As a group, research analysts forecast that ANGI Homeservices Inc will post 0.11 earnings per share for the current fiscal year.
In other ANGI Homeservices news, Director Bowman Angela R. Hicks sold 26,306 shares of the firm’s stock in a transaction dated Thursday, November 1st. The shares were sold at an average price of $19.13, for a total transaction of $503,233.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Luxor Capital Group, Lp acquired 89,000 shares of ANGI Homeservices stock in a transaction on Friday, September 14th. The shares were purchased at an average price of $23.40 per share, with a total value of $2,082,600.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 218,673 shares of company stock valued at $4,110,754. 20.30% of the stock is owned by company insiders.
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ANGI Homeservices 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.
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