Angie’s List (ANGI) Given Coverage Optimism Score of 0.04

News headlines about Angie’s List (NASDAQ:ANGI) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Angie’s List earned a daily sentiment score of 0.04 on Accern’s scale. Accern also assigned news headlines about the technology company an impact score of 46.5057487236667 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the headlines that may have effected Accern’s scoring:

Angie’s List (NASDAQ:ANGI) traded up 1.86% during trading on Friday, hitting $12.02. The stock had a trading volume of 252,966 shares. The stock’s 50 day moving average price is $12.31 and its 200 day moving average price is $9.21. The firm’s market cap is $731.75 million. Angie’s List has a 12-month low of $5.22 and a 12-month high of $13.28.

Angie’s List (NASDAQ:ANGI) last announced its quarterly earnings results on Wednesday, July 26th. The technology company reported ($0.13) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by $0.10. The firm had revenue of $72.80 million for the quarter, compared to analysts’ expectations of $73.87 million. Angie’s List had a negative return on equity of 392.52% and a negative net margin of 4.62%. Angie’s List’s revenue was down 12.3% compared to the same quarter last year. During the same period last year, the firm earned $0.08 EPS. On average, analysts anticipate that Angie’s List will post ($0.06) EPS for the current fiscal year.

ANGI has been the topic of a number of recent analyst reports. BidaskClub upgraded Angie’s List from a “strong sell” rating to a “sell” rating in a research report on Saturday. Zacks Investment Research downgraded Angie’s List from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. ValuEngine upgraded Angie’s List from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Piper Jaffray Companies initiated coverage on Angie’s List in a research report on Wednesday. They set an “overweight” rating and a $14.00 price target on the stock. Finally, Cowen and Company reiterated a “hold” rating and set a $8.50 price target on shares of Angie’s List in a research report on Friday, July 14th. Three analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $11.04.

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In other news, insider Bowman Angela R. Hicks sold 300,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $11.96, for a total transaction of $3,588,000.00. Following the sale, the insider now owns 670,413 shares of the company’s stock, valued at approximately $8,018,139.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael S. Maurer sold 10,992 shares of the business’s stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $12.00, for a total value of $131,904.00. Following the sale, the director now directly owns 180,816 shares in the company, valued at approximately $2,169,792. The disclosure for this sale can be found here. Insiders have sold a total of 514,900 shares of company stock worth $6,093,652 in the last three months. Corporate insiders own 18.20% of the company’s stock.

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.

Insider Buying and Selling by Quarter for Angie`s List (NASDAQ:ANGI)

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