Graham Capital Management L.P. purchased a new stake in shares of Angi Inc. (NASDAQ:ANGI - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 27,989 shares of the technology company's stock, valued at approximately $46,000.
A number of other large investors have also recently modified their holdings of the business. Jane Street Group LLC boosted its position in shares of Angi by 16.8% during the 4th quarter. Jane Street Group LLC now owns 50,920 shares of the technology company's stock valued at $85,000 after acquiring an additional 7,340 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of Angi by 38.8% during the 4th quarter. Jones Financial Companies Lllp now owns 28,439 shares of the technology company's stock valued at $47,000 after acquiring an additional 7,944 shares during the last quarter. Barclays PLC boosted its position in shares of Angi by 1,255.5% during the 3rd quarter. Barclays PLC now owns 16,401 shares of the technology company's stock valued at $42,000 after acquiring an additional 15,191 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Angi in the 4th quarter worth approximately $27,000. Finally, PNC Financial Services Group Inc. lifted its position in Angi by 24.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 88,476 shares of the technology company's stock worth $147,000 after buying an additional 17,605 shares during the last quarter. Institutional investors own 12.84% of the company's stock.
Angi Price Performance
Shares of Angi stock opened at $16.75 on Tuesday. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.14 and a quick ratio of 2.05. The business's 50 day simple moving average is $13.91 and its two-hundred day simple moving average is $16.69. The stock has a market capitalization of $803.78 million, a P/E ratio of 209.40 and a beta of 1.84. Angi Inc. has a one year low of $10.88 and a one year high of $29.15.
Angi (NASDAQ:ANGI - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The technology company reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.06 by $0.24. The business had revenue of $245.91 million for the quarter, compared to analysts' expectations of $239.73 million. Angi had a return on equity of 3.41% and a net margin of 3.04%. Analysts forecast that Angi Inc. will post 0.08 EPS for the current year.
Analysts Set New Price Targets
A number of research firms recently weighed in on ANGI. JMP Securities dropped their target price 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. UBS Group dropped their target price on Angi from $24.00 to $20.00 and set a "neutral" rating for the company in a research report on Thursday, May 8th. Royal Bank of Canada dropped their target price on Angi from $27.50 to $17.00 and set a "sector perform" rating for the company in a research report on Tuesday, April 15th. Benchmark boosted their target price on Angi from $6.00 to $27.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th. Finally, Citigroup dropped their target price on Angi from $18.00 to $14.00 and set a "neutral" rating for the company in a research report on Friday, April 25th. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $21.36.
Check Out Our Latest Analysis on Angi
About Angi
(
Free Report)
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.
See Also
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