Stock Buzzer: What’s Ahead for Angie’s List Inc After Today’s Huge Decline?

Stock Buzzer: What's Ahead for Angie's List Inc After Today's Huge Decline?

The stock of Angie’s List Inc (NASDAQ:ANGI) is a huge mover today! The stock decreased 2.75% or $0.28 during the last trading session, hitting $9.91. About 346,497 shares traded hands or 1.87% up from the average. Angie’s List Inc (NASDAQ:ANGI) has risen 7.37% since February 29, 2016 and is uptrending. It has underperformed by 3.06% the S&P500.
The move comes after 5 months negative chart setup for the $572.40M company. It was reported on Oct, 1 by We have $9.02 PT which if reached, will make NASDAQ:ANGI worth $51.52 million less.

Analysts await Angie’s List Inc (NASDAQ:ANGI) to report earnings on October, 19. After $0.08 actual earnings per share reported by Angie’s List Inc for the previous quarter, Wall Street now forecasts -275.00% negative EPS growth.

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

Out of 4 analysts covering Angie’s List (NASDAQ:ANGI), 1 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 25% are positive. Angie’s List has been the topic of 6 analyst reports since July 23, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained Angie’s List Inc (NASDAQ:ANGI) rating on Thursday, July 23. RBC Capital Markets has “Sector Perform” rating and $5.50 price target. On Friday, August 19 the stock rating was upgraded by Raymond James to “Outperform”. The firm has “Neutral” rating given on Thursday, December 31 by M Partners. The firm has “Sector Perform” rating given on Thursday, October 22 by RBC Capital Markets. The firm earned “Mkt Perform” rating on Thursday, November 12 by Raymond James. Northland Capital upgraded Angie’s List Inc (NASDAQ:ANGI) rating on Thursday, July 30. Northland Capital has “Market Perform” rating and $4 price target.

According to Zacks Investment Research, “Angie’s List Inc. provides information, reports and reviews about service companies. The Company offers product and company reviews, actively collects data on listed companies, and provides complaint resolution services between business and client. Its members share their experiences with each other so that they can choose the service company that’s right for their job. The Company provides detailed reviews on roofers, plumbers, house cleaners and dentists along with others. Angie’s List, Inc. is headquartered in Indianapolis, Indiana.”

Insitutional Activity: The institutional sentiment decreased to 0.82 in Q2 2016. Its down 0.16, from 0.98 in 2016Q1. The ratio is negative, as 10 funds sold all Angie’s List Inc shares owned while 34 reduced positions. 14 funds bought stakes while 22 increased positions. They now own 35.60 million shares or 11.08% less from 40.04 million shares in 2016Q1.
Geode Cap Mgmt Ltd Liability Co has 322,586 shares for 0% of their US portfolio. D E Shaw & Incorporated reported 582,784 shares or 0.01% of all its holdings. Blackrock Limited Liability Corporation holds 162,549 shares or 0% of its portfolio. Manufacturers Life Ins The accumulated 28,107 shares or 0% of the stock. State Street Corporation has invested 0% of its portfolio in Angie’s List Inc (NASDAQ:ANGI). The Massachusetts-based Rhumbline Advisers has invested 0% in Angie’s List Inc (NASDAQ:ANGI). Legal And General Public Ltd accumulated 8,363 shares or 0% of the stock. Deltec Asset Mgmt Ltd Liability, a New York-based fund reported 91,400 shares. First Trust Advsr Ltd Partnership owns 11,912 shares or 0% of their US portfolio. California Public Employees Retirement Systems owns 30,000 shares or 0% of their US portfolio. Allianz Asset Ag last reported 0% of its portfolio in the stock. Blackrock Fund Advsr holds 0% or 1.03 million shares in its portfolio. Price T Rowe Inc Md reported 5.40 million shares or 0.01% of all its holdings. Stifel Financial, a Missouri-based fund reported 96,195 shares. New York State Common Retirement Fund accumulated 0% or 40,000 shares.

Insider Transactions: Since April 25, 2016, the stock had 1 insider buy, and 4 sales for $30,333 net activity. 1,500 Angie’s List Inc (NASDAQ:ANGI) shares with value of $15,000 were sold by Hicks Bowman Angela R.. MAURER MICHAEL S bought $99,290 worth of stock or 12,000 shares.

More notable recent Angie’s List Inc (NASDAQ:ANGI) news were published by: which released: “Why Angie’s List Inc Stock Jumped 51% in 2015” on January 09, 2016, also with their article: “Angie’s List Reviews Are Now Free” published on July 13, 2016, published: “Why Angie’s List Inc. Stock Popped Today” on October 21, 2015. More interesting news about Angie’s List Inc (NASDAQ:ANGI) were released by: and their article: “Why Angie’s List, Inc. Stock Skyrocketed 53.4% in October” published on November 09, 2015 as well as‘s news article titled: “Angie’s List’s Just Announced a Huge Change That Everyday Consumers Will Love” with publication date: March 03, 2016.

ANGI Company Profile

Angie’s List, Inc., incorporated on April 23, 2010, operates a national local services consumer review service and marketplace. The Company’s tools, services and content across multiple platforms enable clients to research, shop for and purchase local services for needs, such as home, health and automotive services. It also reviews the providers of these services in over 250 markets in the United States. The Company’s ratings and reviews assist its members in identifying and hiring the well-known provider for their local service needs. In addition to serving as a source of information on providers of local services for consumers, it also assists service providers in finding clients and differentiating themselves in a marketplace. The Firm helps facilitate transactions between clients across the nation and its collection of rated service providers in over 720 categories of service, ranging from home improvement to healthcare. The Firm connects clients directly to its online marketplace of services from member-reviewed providers and offers tools and support designed to improve the local service experience for both clients and service professionals. The Company’s services include member services and service well-known provider services.

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