Angie’s Insider List

Angie's list insider selling

The insiders at Angie’s list (NASDAQ: ANGI), have been rapidly disposing off shares over the last few months. A look at the various transactions by the insiders over the last 4 months reveals some interesting facts. Four insiders, CXO’s and Directors, have disposed over 219800 shares between them for a total sum of over $5 million. This may be a small sum considering the total market cap of Angie's at $1.22 billion. However, consider the fact that the company hasn't made a dollar profit in the last 4 years on  and looking at its cash flows tells us another sorry tale. The stock price which was hovering in the range of $23-$28 over the last four months is now at $21.03.  Angie’s is what would classify as a fundamentally weak company, and add to that the fact that insiders are disposing shares rapidly, then this is one stock the Bulls at Amigo would avoid at all costs. So do be(a)ware if you are putting your money into this one for an upside gain, because in all likelihood, we believe the upside isn't gonna materialize from this one.

Angis's insider table

To see Angie’s latest stock price movement, click here (NASDAQ: ANGI)

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Disclaimer: We do not hold any stake in the aforesaid stocks. For detailed disclaimer, please click here.

Virendra Singh Chauhan Virendra Singh Chauhan   on Amigobulls :

Neither Amigobulls, nor any members of its staff hold positions in any of the stocks discussed in this post. The author may not be a certified/registered investment advisor, and the opinions expressed should not be treated as investment advice.

Buying and selling of securities carries the risk of monetary losses.Readers/Viewers are advised to carry out their own due diligence and consult their investment advisors before making any investment decisions.

Neither Amigobulls, nor the author have any business relationship with any of the companies covered in this post.

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