Two Sigma Securities LLC Acquires Shares of 24,941 Angi Inc. (NASDAQ:ANGI)

Two Sigma Securities LLC purchased a new position in shares of Angi Inc. (NASDAQ:ANGI - Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 24,941 shares of the technology company's stock, valued at approximately $41,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ANGI. Raymond James Financial Inc. acquired a new position in Angi during the fourth quarter worth about $27,000. Hsbc Holdings PLC purchased a new stake in shares of Angi during the 4th quarter worth approximately $30,000. Headlands Technologies LLC grew its holdings in shares of Angi by 9,308.0% in the 4th quarter. Headlands Technologies LLC now owns 18,722 shares of the technology company's stock worth $31,000 after acquiring an additional 18,523 shares during the period. Barclays PLC increased its stake in Angi by 1,255.5% in the 3rd quarter. Barclays PLC now owns 16,401 shares of the technology company's stock valued at $42,000 after purchasing an additional 15,191 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in Angi by 38.8% during the fourth quarter. Jones Financial Companies Lllp now owns 28,439 shares of the technology company's stock worth $47,000 after purchasing an additional 7,944 shares during the last quarter. Institutional investors and hedge funds own 12.84% of the company's stock.

Angi Trading Up 0.4 %

NASDAQ ANGI traded up $0.05 during mid-day trading on Tuesday, reaching $11.25. 1,425,039 shares of the stock were exchanged, compared to its average volume of 260,732. The business's fifty day simple moving average is $14.04 and its 200 day simple moving average is $17.29. The company has a debt-to-equity ratio of 0.47, a quick ratio of 2.05 and a current ratio of 2.14. The stock has a market capitalization of $559.43 million, a PE ratio of 140.64 and a beta of 1.84. Angi Inc. has a 1-year low of $10.88 and a 1-year high of $29.15.

Angi (NASDAQ:ANGI - Get Free Report) last released its earnings results on Tuesday, May 6th. The technology company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.06 by $0.24. Angi had a return on equity of 3.41% and a net margin of 3.04%. On average, research analysts anticipate that Angi Inc. will post 0.08 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on ANGI shares. JMP Securities dropped their price target on Angi from $30.00 to $27.50 and set a "market outperform" rating for the company in a research report on Thursday, February 13th. Citigroup dropped their target price on shares of Angi from $18.00 to $14.00 and set a "neutral" rating for the company in a report on Friday, April 25th. Royal Bank of Canada reduced their price target on shares of Angi from $27.50 to $17.00 and set a "sector perform" rating on the stock in a report on Tuesday, April 15th. StockNews.com cut shares of Angi from a "buy" rating to a "hold" rating in a research note on Friday. Finally, KeyCorp reduced their target price on Angi from $22.00 to $19.00 and set an "overweight" rating on the stock in a research note on Monday. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to data from MarketBeat, Angi currently has a consensus rating of "Hold" and an average target price of $27.08.

Angi Company Profile

Angi Inc connects home service professionals with consumers in the United States and internationally. The company operates through three segments: Ads and Leads, Services, and International. It provides consumers with tools and resources to help them find local, pre-screened and customer-rated service professionals, matches consumers with independently established home services professionals.