Deltec Asset Management Lowers stake in Angie's List Inc (ANGI)

Angie's List Inc (ANGI) : Deltec Asset Management reduced its stake in Angie's List Inc by 36.53% during the most recent quarter end. The investment management company now holds a total of 91,400 shares of Angie's List Inc which is valued at $776,900 after selling 52,600 shares in Angie's List Inc , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.Angie's List Inc makes up approximately 0.19% of Deltec Asset Management’s portfolio.

Other Hedge Funds, Including , Strs Ohio boosted its stake in ANGI in the latest quarter, The investment management firm added 25,900 additional shares and now holds a total of 39,200 shares of Angie's List Inc which is valued at $333,200. Msi Financial Services Inc sold out all of its stake in ANGI during the most recent quarter. The investment firm sold 2,000 shares of ANGI which is valued $17,000. Cribstone Capital Management added ANGI to its portfolio by purchasing 2,002 company shares during the most recent quarter which is valued at $13,734. Angie's List Inc makes up approx 0.01% of Cribstone Capital Management’s portfolio. Simplex Trading sold out all of its stake in ANGI during the most recent quarter. The investment firm sold 3,153 shares of ANGI which is valued $21,630. Cutler Group Lp sold out all of its stake in ANGI during the most recent quarter. The investment firm sold 2,659 shares of ANGI which is valued $18,719.

Angie's List Inc closed down -0.4 points or -4.71% at $8.09 with 5,01,201 shares getting traded on Friday. Post opening the session at $8.46, the shares hit an intraday low of $7.99 and an intraday high of $8.48 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Angie's List Inc reported $0.08 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $-0.04. The company had revenue of $83.06 million for the quarter, compared to analysts expectations of $86.20 million. The company’s revenue was down -4.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.14 EPS.

Angie’s List Inc helps facilitate transactions between more than three million consumers nationwide and its collection of service providers in approximately 720 categories of service ranging from home improvement to health care. The Company connects consumers 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 consumers and service professionals. The Company’s member is between the ages of 35 and 64 is married owns a home is college educated and has an annual household income of at least $100000.

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