ANGI Homeservices Inc (ANGI) Major Shareholder Luxor Capital Group, Lp Purchases 807,465 Shares

ANGI Homeservices Inc (NASDAQ:ANGI) major shareholder Luxor Capital Group, Lp purchased 807,465 shares of the firm’s stock in a transaction on Friday, April 13th. The stock was acquired at an average price of $13.50 per share, for a total transaction of $10,900,777.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Luxor Capital Group, Lp also recently made the following trade(s):

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  • On Friday, April 6th, Luxor Capital Group, Lp purchased 493,500 shares of ANGI Homeservices stock. The stock was acquired at an average price of $13.39 per share, for a total transaction of $6,607,965.00.
  • On Thursday, March 29th, Luxor Capital Group, Lp purchased 200,000 shares of ANGI Homeservices stock. The stock was acquired at an average price of $13.54 per share, for a total transaction of $2,708,000.00.
  • On Tuesday, March 27th, Luxor Capital Group, Lp purchased 480,912 shares of ANGI Homeservices stock. The stock was acquired at an average price of $13.80 per share, for a total transaction of $6,636,585.60.
  • On Thursday, March 22nd, Luxor Capital Group, Lp purchased 412,032 shares of ANGI Homeservices stock. The stock was acquired at an average price of $14.39 per share, for a total transaction of $5,929,140.48.
  • On Thursday, March 15th, Luxor Capital Group, Lp purchased 230,889 shares of ANGI Homeservices stock. The stock was acquired at an average price of $14.87 per share, for a total transaction of $3,433,319.43.
  • On Wednesday, March 7th, Luxor Capital Group, Lp purchased 577,800 shares of ANGI Homeservices stock. The stock was acquired at an average price of $15.30 per share, for a total transaction of $8,840,340.00.
  • On Thursday, March 1st, Luxor Capital Group, Lp purchased 3,087,280 shares of ANGI Homeservices stock. The stock was acquired at an average price of $14.90 per share, for a total transaction of $46,000,472.00.
  • On Tuesday, February 27th, Luxor Capital Group, Lp purchased 340,137 shares of ANGI Homeservices stock. The stock was acquired at an average price of $14.97 per share, for a total transaction of $5,091,850.89.

Shares of NASDAQ ANGI opened at $13.44 on Tuesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.53 and a quick ratio of 1.53. The firm has a market capitalization of $858.33, a PE ratio of -61.09, a PEG ratio of 3.20 and a beta of 1.34. ANGI Homeservices Inc has a 1 year low of $5.29 and a 1 year high of $15.77.

ANGI Homeservices (NASDAQ:ANGI) last posted its earnings results on Wednesday, February 7th. The technology company reported ($0.10) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.03) by ($0.07). The company had revenue of $223.21 million for the quarter, compared to analysts’ expectations of $225.82 million. ANGI Homeservices had a negative net margin of 24.70% and a negative return on equity of 24.06%. research analysts predict that ANGI Homeservices Inc will post 0.17 earnings per share for the current fiscal year.

ANGI has been the topic of several recent research reports. BidaskClub upgraded shares of ANGI Homeservices from a “sell” rating to a “hold” rating in a research report on Friday, December 22nd. Zacks Investment Research cut shares of ANGI Homeservices from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 27th. ValuEngine cut shares of ANGI Homeservices from a “hold” rating to a “sell” rating in a research note on Wednesday, January 3rd. MKM Partners raised shares of ANGI Homeservices from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $13.00 to $15.00 in a research note on Wednesday, January 3rd. They noted that the move was a valuation call. Finally, Oppenheimer reissued a “buy” rating and issued a $14.00 price objective on shares of ANGI Homeservices in a research note on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $14.23.

A number of institutional investors and hedge funds have recently bought and sold shares of ANGI. D.A. Davidson & CO. purchased a new position in ANGI Homeservices during the fourth quarter valued at $119,000. Teacher Retirement System of Texas purchased a new position in ANGI Homeservices during the fourth quarter valued at $134,000. SG Americas Securities LLC purchased a new position in ANGI Homeservices during the third quarter valued at $160,000. Stone Ridge Asset Management LLC purchased a new position in ANGI Homeservices during the fourth quarter valued at $233,000. Finally, Jane Street Group LLC purchased a new position in ANGI Homeservices during the third quarter valued at $256,000. 84.45% of the stock is owned by institutional investors.

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About ANGI Homeservices

ANGI Homeservices Inc owns and operates the HomeAdvisor digital marketplace service to connect consumers with service professionals for home repair, maintenance, and improvement projects. The company operates through two segments, North America and Europe. Its marketplace provides consumers with tools and resources to help them find local, pre-screened, and customer-rated service professionals, as well as book appointments with those professionals online or connect with them by telephone; and offers several home services-related resources.

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