Royal Bank of Canada trimmed its holdings in Angie’s List, Inc. (NASDAQ:ANGI) by 10.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,606 shares of the technology company’s stock after selling 5,396 shares during the quarter. Royal Bank of Canada owned about 0.08% of Angie’s List worth $596,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of ANGI. Ameriprise Financial Inc. bought a new position in shares of Angie’s List in the 1st quarter worth about $1,327,000. JPMorgan Chase & Co. bought a new position in shares of Angie’s List in the 1st quarter worth about $153,000. American International Group Inc. increased its stake in shares of Angie’s List by 7.1% in the 1st quarter. American International Group Inc. now owns 24,481 shares of the technology company’s stock worth $140,000 after acquiring an additional 1,621 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Angie’s List by 5.5% in the 1st 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. Finally, Geode Capital Management LLC increased its stake in shares of Angie’s List by 5.6% in the 1st 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. Institutional investors own 80.59% of the company’s stock.

In other news, COO J Mark Howell sold 38,221 shares of Angie’s List stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $11.52, for a total value of $440,305.92. Following the completion of the sale, the chief operating officer now directly owns 125,416 shares in the company, valued at $1,444,792.32. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael S. Maurer sold 16,500 shares of Angie’s List stock in a transaction that occurred on Thursday, August 24th. The stock was sold at an average price of $12.28, for a total transaction of $202,620.00. Following the completion of the sale, the director now owns 62,563 shares of the company’s stock, valued at $768,273.64. The disclosure for this sale can be found here. Insiders sold 513,186 shares of company stock valued at $6,129,920 over the last quarter. Company insiders own 18.20% of the company’s stock.

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Shares of Angie’s List, Inc. (ANGI) opened at $11.45 on Friday. Angie’s List, Inc. has a 12 month low of $5.22 and a 12 month high of $13.74. The company has a current ratio of 0.57, a quick ratio of 0.86 and a debt-to-equity ratio of 0.08.

Angie’s List (NASDAQ:ANGI) last announced its quarterly earnings results on Wednesday, November 8th. The technology company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.18). Angie’s List had a negative return on equity of 25.20% and a negative net margin of 17.04%. The company had revenue of $181.70 million during the quarter, compared to the consensus estimate of $184.47 million. During the same quarter in the prior year, the firm earned ($0.28) earnings per share. The business’s revenue was up 36.0% compared to the same quarter last year. equities analysts expect that Angie’s List, Inc. will post 0.02 EPS for the current fiscal year.

ANGI has been the subject of a number of analyst reports. Goldman Sachs Group, Inc. (The) initiated coverage on shares of Angie’s List in a research note on Wednesday, October 11th. They set a “buy” rating and a $14.00 price objective for the company. Zacks Investment Research upgraded shares of Angie’s List from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research note on Wednesday, November 1st. BidaskClub lowered shares of Angie’s List from a “buy” rating to a “hold” rating in a research note on Sunday, July 16th. Cowen and Company restated a “hold” rating and set a $8.50 price objective on shares of Angie’s List in a research note on Friday, July 14th. Finally, CIBC initiated coverage on shares of Angie’s List in a research note on Thursday, October 5th. They set an “outperform” rating and a $14.00 price objective for the company. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and six have given a buy rating to the company. Angie’s List presently has an average rating of “Hold” and a consensus price target of $12.14.

About Angie’s List

ANGI Homeservices Inc is focused on creating digital marketplace for home services, connecting homeowners across the globe with home service professionals. The Company operates 10 brands including Angie’s List, HomeAdvisor, HomeStars, Instapro, MyBuilder, MyHammer, Travaux, Werkspot, CraftJack and mHelpDesk.

Institutional Ownership by Quarter for Angie`s List (NASDAQ:ANGI)

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