Wednesday, February 28, 2018 10:15 PM ET
Insider Makes Significant Stock buy in Angi Homeservices (ANGI) Shares Breaks neutral Trend of Last 90 Days
An insider — Luxor Capital Group, LP, 10% Owner — acquired 340,137 shares of Angi Homeservices having a market value of approximately $5,090,683 today, as disclosed in a form 4 document filed with the SEC. This is the first insider buy/sell trade in the past 90 days.
The level of buy-sell trading at Angi Homeservices is near the 48 member peer company average. The Online Services (NEC) peer group saw 51 buy/sell trades during this period for an average of 1.1 transactions per company. However, the number of shares per buy/sell trade transacted by Angi Homeservices insiders is higher. Within the peer group there were 1,500 shares purchased and 656,174 shares sold with company insiders selling 12,837 shares on average.
In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to evaluate and write this story.
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
For more information, contact UpTick at email@example.com. Copyright 2018 UpTick Data Technologies. All rights reserved.