State of Wyoming Makes New Investment in Angi Inc. (NASDAQ:ANGI)

State of Wyoming acquired a new position in shares of Angi Inc. (NASDAQ:ANGI - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 41,846 shares of the technology company's stock, valued at approximately $69,000.

A number of other large investors have also made changes to their positions in ANGI. Arrowstreet Capital Limited Partnership lifted its position in Angi by 113.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,722,460 shares of the technology company's stock worth $2,859,000 after purchasing an additional 914,037 shares during the period. Bridgeway Capital Management LLC bought a new position in shares of Angi during the 4th quarter worth about $1,079,000. Westerly Capital Management LLC boosted its position in shares of Angi by 20.9% during the 4th quarter. Westerly Capital Management LLC now owns 2,840,000 shares of the technology company's stock valued at $4,714,000 after acquiring an additional 490,000 shares in the last quarter. Teacher Retirement System of Texas acquired a new stake in shares of Angi during the 4th quarter valued at about $469,000. Finally, ArrowMark Colorado Holdings LLC increased its stake in Angi by 5.7% in the fourth quarter. ArrowMark Colorado Holdings LLC now owns 4,997,332 shares of the technology company's stock valued at $8,296,000 after acquiring an additional 267,946 shares during the period. Institutional investors and hedge funds own 12.84% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Citigroup decreased their price objective on Angi from $18.00 to $14.00 and set a "neutral" rating on the stock in a report on Friday, April 25th. JMP Securities decreased their price target on Angi from $30.00 to $27.50 and set a "market outperform" rating on the stock in a research note on Thursday, February 13th. KeyCorp lowered their price target on Angi from $22.00 to $19.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. UBS Group cut their price objective on Angi from $24.00 to $20.00 and set a "neutral" rating for the company in a report on Thursday, May 8th. Finally, Royal Bank of Canada lowered their target price 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. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $21.36.

Angi Price Performance

Angi stock traded down $0.04 on Friday, reaching $15.65. The company's stock had a trading volume of 1,490,907 shares, compared to its average volume of 354,256. The business's fifty day moving average price is $13.91 and its 200 day moving average price is $16.26. 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 cap of $751.00 million, a price-to-earnings ratio of 195.65 and a beta of 1.84. Angi Inc. has a twelve month low of $10.88 and a twelve month high of $29.15.

Angi (NASDAQ:ANGI - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.06 by $0.24. The business had revenue of $245.91 million during 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%. Equities analysts expect that Angi Inc. will post 0.08 earnings per share for the current fiscal year.

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.