Victory Capital Management Inc. Takes $1.41 Million Position in Angie’s List, Inc. (ANGI)

Victory Capital Management Inc. purchased a new position in Angie’s List, Inc. (NASDAQ:ANGI) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 109,980 shares of the technology company’s stock, valued at approximately $1,407,000. Victory Capital Management Inc. owned approximately 0.18% of Angie’s List at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of Angie’s List by 5.5% in the first quarter. Vanguard Group Inc. now owns 4,367,386 shares of the technology company’s stock worth $24,895,000 after acquiring an additional 228,084 shares in the last quarter. Segall Bryant & Hamill LLC increased its holdings in shares of Angie’s List by 131.5% in the first quarter. Segall Bryant & Hamill LLC now owns 991,090 shares of the technology company’s stock worth $5,649,000 after acquiring an additional 562,911 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Angie’s List by 55.0% in the first quarter. Dimensional Fund Advisors LP now owns 462,627 shares of the technology company’s stock worth $2,637,000 after acquiring an additional 164,122 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Angie’s List by 5.6% in the first quarter. Geode Capital Management LLC now owns 362,277 shares of the technology company’s stock worth $2,064,000 after acquiring an additional 19,232 shares in the last quarter. Finally, Ameriprise Financial Inc. bought a new stake in shares of Angie’s List in the first quarter worth about $1,327,000. Institutional investors own 82.25% of the company’s stock.

In related news, Director Michael S. Maurer sold 16,500 shares of the business’s stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $12.28, for a total value of $202,620.00. Following the completion of the sale, the director now directly owns 62,563 shares of the company’s stock, valued at approximately $768,273.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bowman Angela R. Hicks sold 300,000 shares of the business’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $11.96, for a total value of $3,588,000.00. Following the completion of the sale, the insider now directly owns 670,413 shares of the company’s stock, valued at $8,018,139.48. The disclosure for this sale can be found here. Insiders sold a total of 831,364 shares of company stock valued at $9,936,056 over the last ninety days. 18.20% of the stock is currently owned by corporate insiders.

Angie’s List, Inc. (NASDAQ ANGI) opened at 12.56 on Wednesday. Angie’s List, Inc. has a 12-month low of $5.22 and a 12-month high of $13.28. The company’s market capitalization is $764.63 million. The company’s 50 day moving average price is $12.04 and its 200-day moving average price is $9.90.

Angie’s List (NASDAQ:ANGI) last issued its earnings results on Wednesday, July 26th. The technology company reported ($0.13) EPS for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $72.80 million during the quarter, compared to the consensus estimate of $73.87 million. During the same period in the previous year, the firm earned $0.08 earnings per share. The business’s quarterly revenue was down 12.3% on a year-over-year basis. Equities analysts forecast that Angie’s List, Inc. will post ($0.07) earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This piece of content was published by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States and international copyright law. The correct version of this piece of content can be read at https://sportsperspectives.com/2017/09/13/victory-capital-management-inc-takes-1-41-million-position-in-angies-list-inc-angi.html.

Several equities research analysts have issued reports on ANGI shares. Zacks Investment Research downgraded Angie’s List from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 24th. BidaskClub upgraded Angie’s List from a “sell” rating to a “hold” rating in a report on Friday, August 25th. Cowen and Company restated a “hold” rating and issued a $8.50 price target on shares of Angie’s List in a report on Friday, July 14th. Piper Jaffray Companies started coverage on Angie’s List in a report on Wednesday, August 16th. They issued an “overweight” rating and a $14.00 price target for the company. Finally, ValuEngine upgraded Angie’s List from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $10.65.

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)

Receive News & Ratings for Angie's List Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Angie's List Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply