What’s Next for Angi Homeservices (NASDAQ:ANGI) After Having Less Shares Shorted?

January 12, 2018 - By Maria Brooks

 What's Next for Angi Homeservices (NASDAQ:ANGI) After Having Less Shares Shorted?

Investors sentiment decreased to 0.58 in 2017 Q3. Its down 0.79, from 1.37 in 2017Q2. It turned negative, as 32 investors sold ANGI Homeservices Inc. shares while 20 reduced holdings. 19 funds opened positions while 11 raised stakes. 39.58 million shares or 20.91% less from 50.04 million shares in 2017Q2 were reported.
Stephens Invest Mgmt Gp Limited Liability Corporation invested in 0.58% or 2.02M shares. Kings Point Cap Mngmt, New York-based fund reported 1,000 shares. Great West Life Assurance Can owns 2,600 shares. Tcs Capital Mngmt Ltd Company owns 5.43 million shares or 56% of their US portfolio. Spark Invest Mngmt Limited Liability Com has invested 0.03% of its portfolio in ANGI Homeservices Inc. (NASDAQ:ANGI). Jefferies Group Limited Com has invested 0% in ANGI Homeservices Inc. (NASDAQ:ANGI). Metropolitan Life Insurance Ny, New York-based fund reported 30,437 shares. Invesco Limited reported 0% of its portfolio in ANGI Homeservices Inc. (NASDAQ:ANGI). Sg Americas Securities Limited reported 12,861 shares. Davis Selected Advisers reported 4.16 million shares. 11,450 are owned by Bb&T Lc. 109,980 are owned by Victory. Legal And General Public Limited Co holds 0% or 3,565 shares. 1.65M are owned by Nomura. Royal Financial Bank Of Canada holds 0% of its portfolio in ANGI Homeservices Inc. (NASDAQ:ANGI) for 6,969 shares.

Since July 31, 2017, it had 0 insider buys, and 6 insider sales for $8.31 million activity. $3.59 million worth of stock was sold by Hicks Bowman Angela R. on Monday, July 31. 98,578 shares valued at $1.20M were sold by MAURER MICHAEL S on Wednesday, August 23. $1.05M worth of ANGI Homeservices Inc. (NASDAQ:ANGI) was sold by Shaw Shannon.

The stock of Angi Homeservices (NASDAQ:ANGI) registered a decrease of 1.11% in short interest. ANGI’s total short interest was 15.91 million shares in January as published by FINRA. Its down 1.11% from 16.09M shares, reported previously. With 414,100 shares average volume, it will take short sellers 38 days to cover their ANGI’s short positions. The short interest to Angi Homeservices’s float is 34.89%.

The stock increased 1.19% or $0.15 during the last trading session, reaching $12.76. About 1.78 million shares traded or 231.91% up from the average. ANGI Homeservices Inc. (NASDAQ:ANGI) has risen 32.08% since January 12, 2017 and is uptrending. It has outperformed by 15.38% the S&P500.

ANGI Homeservices Inc. provides Internet tools and resources for home improvement, maintenance, and repair projects. The company has market cap of $6.09 billion. It offers ProFinder technology services; Pro Review, a tool that provides ratings and reviews on home improvement and repair pros; and emergency repair services. It currently has negative earnings. The Company’s tools allow clients to research, shop for, and purchase local services for home, health, and automotive service needs, as well as to rate and review service providers in markets.

ANGI Homeservices Inc. (NASDAQ:ANGI) Ratings Coverage

Among 11 analysts covering Angie’s List (NASDAQ:ANGI), 7 have Buy rating, 0 Sell and 4 Hold. Therefore 64% are positive. Angie’s List has $60.0 highest and $4 lowest target. $16.72’s average target is 31.03% above currents $12.76 stock price. Angie’s List had 19 analyst reports since July 23, 2015 according to SRatingsIntel. Oppenheimer maintained the stock with “Buy” rating in Wednesday, January 3 report. The rating was maintained by Piper Jaffray with “Buy” on Tuesday, October 3. The firm has “Buy” rating given on Wednesday, October 11 by Goldman Sachs. The company was upgraded on Thursday, November 12 by Raymond James. On Tuesday, May 2 the stock rating was downgraded by Loop Capital to “Hold”. The company was maintained on Wednesday, July 26 by Wells Fargo. Piper Jaffray initiated the stock with “Buy” rating in Wednesday, August 16 report. Raymond James upgraded the shares of ANGI in report on Friday, August 19 to “Outperform” rating. M Partners upgraded the stock to “Buy” rating in Wednesday, January 3 report. The firm earned “Neutral” rating on Thursday, December 31 by M Partners.

More important recent ANGI Homeservices Inc. (NASDAQ:ANGI) news were published by: Seekingalpha.com which released: “ANGI Homeservices -4.6% as transformed Q3 misses estimates” on November 08, 2017, also Prnewswire.com published article titled: “IAC’s ANGI Homeservices Inc. Makes Stock Market Debut”, Globenewswire.com published: “ANGI Homeservices Inc. Closes $275 Million Secured Term Loan and Updates One …” on November 01, 2017. More interesting news about ANGI Homeservices Inc. (NASDAQ:ANGI) was released by: Seekingalpha.com and their article: “Angie’s List sets date for vote on IAC buyout” with publication date: August 30, 2017.

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