D. E. Shaw & Co. Inc. Sells 237,537 Shares of Angi Inc. (NASDAQ:ANGI)

D. E. Shaw & Co. Inc. cut its holdings in Angi Inc. (NASDAQ:ANGI - Free Report) by 20.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 931,174 shares of the technology company's stock after selling 237,537 shares during the period. D. E. Shaw & Co. Inc. owned 0.19% of Angi worth $1,546,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in Angi in the 4th quarter worth approximately $27,000. Hsbc Holdings PLC bought a new position in Angi in the 4th quarter worth approximately $30,000. Headlands Technologies LLC boosted its holdings in 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 buying an additional 18,523 shares during the period. Oxford Asset Management LLP bought a new position in Angi in the 4th quarter worth approximately $33,000. Finally, Two Sigma Securities LLC bought a new position in Angi in the 4th quarter worth approximately $41,000. 12.84% of the stock is owned by institutional investors.

Angi Stock Performance

NASDAQ ANGI opened at $16.01 on Friday. Angi Inc. has a 52-week low of $10.88 and a 52-week high of $29.15. 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 company has a market capitalization of $768.27 million, a P/E ratio of 200.15 and a beta of 1.84. The company has a fifty day moving average of $13.93 and a 200-day moving average of $16.62.

Angi (NASDAQ:ANGI - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The technology company reported $0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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. As a group, equities research analysts predict that Angi Inc. will post 0.08 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have commented on ANGI shares. JMP Securities cut their price target on shares of Angi from $30.00 to $27.50 and set a "market outperform" rating for the company in a report on Thursday, February 13th. Benchmark raised their price target on shares of Angi from $6.00 to $27.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Wall Street Zen raised shares of Angi from a "hold" rating to a "buy" rating in a report on Saturday, May 10th. Citigroup cut their price target 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. Finally, UBS Group cut their price target on shares of Angi from $24.00 to $20.00 and set a "neutral" rating for the company in a report on Thursday, May 8th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $21.36.

Angi 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.

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