Does Angie’s List Inc (ANGI) Have More Gas After Touching 52-Week High?

June 20, 2017 - By Maria Brooks

Investors sentiment decreased to 0.76 in 2016 Q4. Its down 0.20, from 0.96 in 2016Q3. It dived, as 20 investors sold Angie’s List Inc shares while 25 reduced holdings. 5 funds opened positions while 29 raised stakes. 39.10 million shares or 0.55% more from 38.89 million shares in 2016Q3 were reported.
Price T Rowe Incorporated Md stated it has 0.01% in Angie’s List Inc (NASDAQ:ANGI). Northpointe Capital Limited Liability Company reported 1.44% in Angie’s List Inc (NASDAQ:ANGI). Kennedy Cap Management Inc stated it has 200,919 shares. Raymond James Assocs has invested 0% in Angie’s List Inc (NASDAQ:ANGI). Invesco Limited holds 38,428 shares. Tower Rech Limited Liability Com (Trc) holds 0% or 76 shares in its portfolio. Schwab Charles Investment owns 145,170 shares. Envestnet Asset Mngmt Incorporated has invested 0% of its portfolio in Angie’s List Inc (NASDAQ:ANGI). Metropolitan Life Insurance Company reported 27,327 shares. Renaissance Techs Ltd Liability Corporation holds 0.01% or 547,000 shares in its portfolio. Blackrock Gp stated it has 20,744 shares or 0% of all its holdings. Allianz Asset Mngmt Ag holds 0% or 38,560 shares. Glob X Management Ltd Liability Com invested in 0.01% or 29,775 shares. 542,892 are owned by D E Shaw And Co. State Of Wisconsin Invest Board has 64,561 shares for 0% of their portfolio.

Since December 28, 2016, it had 0 buys, and 9 insider sales for $839,797 activity. 17,710 shares were sold by Durchslag Scott A, worth $95,579 on Tuesday, February 28. On Tuesday, February 28 the insider Shaw Shannon sold $45,221. $19,874 worth of Angie’s List Inc (NASDAQ:ANGI) was sold by Brown Darin E.. Another trade for 2,783 shares valued at $15,131 was made by Hundt Charles on Tuesday, February 28. Shares for $39,988 were sold by HOWELL J MARK. Fox Thomas R also sold $52,466 worth of Angie’s List Inc (NASDAQ:ANGI) shares.

The stock of Angie’s List Inc (NASDAQ:ANGI) hit a new 52-week high and has $13.29 target or 9.00 % above today’s $12.19 share price. The 7 months bullish chart indicates low risk for the $732.77 million company. The 1-year high was reported on Jun, 20 by Barchart.com. If the $13.29 price target is reached, the company will be worth $65.95M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

About 5,427 shares traded. Angie’s List Inc (NASDAQ:ANGI) has risen 32.08% since June 20, 2016 and is uptrending. It has outperformed by 15.38% the S&P500.

Wall Street await Angie’s List Inc (NASDAQ:ANGI) to release earnings on July, 26. Analysts forecast earnings per share of $-0.06, down exactly $0.14 or 175.00 % from 2014’s $0.08 EPS. After posting $0.03 EPS for the previous quarter, Angie’s List Inc’s analysts now forecast -300.00 % negative EPS growth.

Angie’s List Inc (NASDAQ:ANGI) Ratings Coverage

Among 5 analysts covering Angie’s List (NASDAQ:ANGI), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Angie’s List has $60.0 highest and $4 lowest target. $24.50’s average target is 100.98% above currents $12.19 stock price. Angie’s List had 7 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Northland Capital on Thursday, July 30. RBC Capital Markets maintained the stock with “Sector Perform” rating in Thursday, October 22 report. The firm has “Neutral” rating given on Thursday, December 31 by M Partners. As per Thursday, July 23, the company rating was maintained by RBC Capital Markets. The firm earned “Outperform” rating on Friday, August 19 by Raymond James. The firm earned “Hold” rating on Tuesday, May 2 by Loop Capital. The company was upgraded on Thursday, November 12 by Raymond James.

More notable recent Angie’s List Inc (NASDAQ:ANGI) news were published by: Techcrunch.com which released: “Angie’s List will merge with HomeAdvisor after finally accepting IAC’s …” on May 02, 2017, also Seekingalpha.com with their article: “Angie’s List In Trouble, Again” published on February 21, 2017, Seekingalpha.com published: “Angie’s List (ANGI) Q4 2016 Results – Earnings Call Transcript” on February 15, 2017. More interesting news about Angie’s List Inc (NASDAQ:ANGI) were released by: Seekingalpha.com and their article: “Ahead Of Release, The Odds Are In Favor Of Angie’s List” published on February 06, 2017 as well as Indystar.com‘s news article titled: “Angie’s List lays off sales staff amid declining revenue” with publication date: June 01, 2017.

Angie’s List, Inc. operates a national local services consumer review service and marketplace. The company has market cap of $732.77 million. 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. It currently has negative earnings. The Company’s tools, services and content across multiple platforms enables clients 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.

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