BidaskClub Upgrades ANGI Homeservices (NASDAQ:ANGI) to Sell
A number of other research analysts have also issued reports on the stock. TheStreet lowered shares of Viavi Solutions from a b- rating to a c+ rating in a research note on Monday, June 3rd. Zacks Investment Research upgraded shares of Falcon Minerals from a sell rating to a hold rating in a research note on Monday, July 22nd. JPMorgan Chase & Co. set a €118.00 ($137.21) target price on shares of Deutsche Boerse and gave the company a neutral rating in a research note on Monday, April 29th. Needham & Company LLC lowered shares of Acer Therapeutics from a buy rating to a hold rating in a research note on Tuesday, June 25th. Finally, Aegis started coverage on shares of ANGI Homeservices in a research note on Monday, April 8th. They issued a buy rating and a $22.00 target price on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating and thirteen have issued a buy rating to the company’s stock. ANGI Homeservices has a consensus rating of Buy and a consensus price target of $22.69.
NASDAQ:ANGI opened at $13.81 on Friday. ANGI Homeservices has a 1 year low of $12.62 and a 1 year high of $23.95. The firm has a fifty day moving average price of $13.82. The company has a quick ratio of 2.19, a current ratio of 2.19 and a debt-to-equity ratio of 0.18. The firm has a market cap of $7.00 billion, a price-to-earnings ratio of 92.07, a PEG ratio of 3.02 and a beta of 2.04.
In other ANGI Homeservices news, major shareholder Luxor Capital Group, Lp sold 795,100 shares of the stock in a transaction on Monday, July 15th. The shares were sold at an average price of $13.83, for a total value of $10,996,233.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CMO Allison Lowrie sold 7,698 shares of the stock in a transaction on Tuesday, May 7th. The shares were sold at an average price of $18.42, for a total transaction of $141,797.16. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,100,684 shares of company stock valued at $15,405,775. Insiders own 13.10% of the company’s stock.
A number of institutional investors have recently modified their holdings of the business. SG Americas Securities LLC acquired a new stake in ANGI Homeservices during the 2nd quarter valued at approximately $171,000. Polianta Ltd acquired a new stake in shares of ANGI Homeservices during the 2nd quarter worth approximately $1,053,000. Juncture Wealth Strategies LLC grew its position in shares of ANGI Homeservices by 6.3% during the 2nd quarter. Juncture Wealth Strategies LLC now owns 33,489 shares of the technology company’s stock worth $436,000 after buying an additional 1,995 shares during the period. FMR LLC grew its position in shares of ANGI Homeservices by 3.4% during the 1st quarter. FMR LLC now owns 12,437,965 shares of the technology company’s stock worth $192,041,000 after buying an additional 409,611 shares during the period. Finally, Marshall Wace North America L.P. acquired a new stake in shares of ANGI Homeservices during the 1st quarter worth approximately $220,000. 14.39% of the stock is owned by hedge funds and other institutional investors.
ANGI Homeservices Company Profile
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.
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