Legal & General Group Plc Has $122,000 Holdings in Angi Inc. (NASDAQ:ANGI)

Legal & General Group Plc trimmed its holdings in Angi Inc. (NASDAQ:ANGI - Free Report) by 37.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 73,204 shares of the technology company's stock after selling 44,050 shares during the period. Legal & General Group Plc's holdings in Angi were worth $122,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership grew its position in shares of Angi by 113.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,722,460 shares of the technology company's stock worth $2,859,000 after acquiring an additional 914,037 shares in the last quarter. Teacher Retirement System of Texas acquired a new position in shares of Angi in the 4th quarter valued at about $469,000. Bank of New York Mellon Corp bought a new stake in shares of Angi during the 4th quarter valued at about $210,000. Dynamic Technology Lab Private Ltd acquired a new stake in Angi during the fourth quarter worth about $199,000. Finally, M&T Bank Corp boosted its stake in Angi by 16.7% in the fourth quarter. M&T Bank Corp now owns 589,242 shares of the technology company's stock valued at $978,000 after acquiring an additional 84,304 shares during the period. 12.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on ANGI shares. Royal Bank of Canada reduced their price objective 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. 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. JMP Securities cut their target price on Angi from $30.00 to $27.50 and set a "market outperform" rating on the stock in a research report on Thursday, February 13th. Finally, StockNews.com lowered shares of Angi from a "buy" rating to a "hold" rating in a report on Friday. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Angi currently has an average rating of "Hold" and an average price target of $27.25.

Angi Stock Down 1.4 %

NASDAQ:ANGI traded down $0.17 during mid-day trading on Friday, reaching $11.79. The stock had a trading volume of 1,358,864 shares, compared to its average volume of 249,389. The stock has a market cap of $586.28 million, a P/E ratio of 147.39 and a beta of 1.84. The business's 50 day moving average is $14.16 and its 200 day moving average is $17.39. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.14 and a quick ratio of 2.05. Angi Inc. has a fifty-two week low of $11.00 and a fifty-two week high of $29.15.

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.