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

Two Sigma Securities LLC bought a new position in shares of Angi Inc. (NASDAQ:ANGI - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 24,941 shares of the technology company's stock, valued at approximately $41,000.

A number of other institutional investors have also modified their holdings of the stock. Barclays PLC raised its position in shares of Angi by 1,255.5% during the third quarter. Barclays PLC now owns 16,401 shares of the technology company's stock worth $42,000 after acquiring an additional 15,191 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Angi by 39.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 228,173 shares of the technology company's stock valued at $589,000 after acquiring an additional 65,119 shares during the period. Bank of New York Mellon Corp bought a new position in Angi during the fourth quarter valued at approximately $210,000. Jones Financial Companies Lllp increased its stake in shares of Angi by 38.8% during the fourth quarter. Jones Financial Companies Lllp now owns 28,439 shares of the technology company's stock valued at $47,000 after purchasing an additional 7,944 shares in the last quarter. Finally, M&T Bank Corp raised its position in Angi by 16.7% in the fourth quarter. M&T Bank Corp now owns 589,242 shares of the technology company's stock worth $978,000 after acquiring an additional 84,304 shares during the period. Institutional investors and hedge funds own 12.84% of the company's stock.

Angi Trading Up 0.2 %

NASDAQ:ANGI traded up $0.03 during trading hours on Thursday, reaching $15.18. 993,359 shares of the stock were exchanged, compared to its average volume of 282,521. The business has a 50-day moving average of $13.90 and a two-hundred day moving average of $17.24. The company has a market capitalization of $754.86 million, a price-to-earnings ratio of 189.77 and a beta of 1.84. Angi Inc. has a twelve month low of $10.88 and a twelve month high of $29.15. The company has a quick ratio of 2.05, a current ratio of 2.14 and a debt-to-equity ratio of 0.47.

Angi (NASDAQ:ANGI - Get Free Report) last released its earnings results on Tuesday, May 6th. The technology company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.24. Angi had a net margin of 3.04% and a return on equity of 3.41%. The company had revenue of $245.91 million during the quarter, compared to the consensus estimate of $239.73 million. On average, equities analysts predict that Angi Inc. will post 0.08 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on ANGI. Benchmark lifted their price target on Angi from $6.00 to $27.00 and gave the stock a "buy" rating in a research report on Thursday. StockNews.com lowered Angi from a "buy" rating to a "hold" rating in a research report on Friday, May 2nd. Citigroup cut their price objective on shares of Angi from $18.00 to $14.00 and set a "neutral" rating on the stock in a research note on Friday, April 25th. KeyCorp reduced their price objective on shares of Angi from $22.00 to $19.00 and set an "overweight" rating for the company in a research note on Monday. Finally, JMP Securities lowered their price objective 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. Six investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Angi has a consensus rating of "Hold" and an average price target of $21.58.

About Angi

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.