Stifel Financial Corp Acquires Shares of 54,250 Angi Inc. (NASDAQ:ANGI)

Stifel Financial Corp acquired a new position in shares of Angi Inc. (NASDAQ:ANGI - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 54,250 shares of the technology company's stock, valued at approximately $90,000.

Other large investors have also modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of Angi during the fourth quarter worth $27,000. Headlands Technologies LLC raised its holdings in shares of Angi by 9,308.0% during the fourth quarter. Headlands Technologies LLC now owns 18,722 shares of the technology company's stock worth $31,000 after acquiring an additional 18,523 shares in the last quarter. Barclays PLC raised its holdings 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 in the last quarter. Jones Financial Companies Lllp raised its holdings 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 worth $47,000 after acquiring an additional 7,944 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Angi during the fourth quarter worth $73,000. 12.84% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on ANGI shares. KeyCorp cut their price objective on Angi from $22.00 to $19.00 and set an "overweight" rating for the company in a report on Monday, May 5th. UBS Group cut their target price on Angi from $24.00 to $20.00 and set a "neutral" rating on the stock in a report on Thursday, May 8th. Citigroup cut their target price on Angi from $18.00 to $14.00 and set a "neutral" rating on the stock in a report on Friday, April 25th. Benchmark raised their target price on Angi from $6.00 to $27.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Finally, 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 report on Thursday, February 13th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $21.36.

Angi Stock Performance

Shares of Angi stock traded up $0.37 during trading on Monday, reaching $16.75. The company's stock had a trading volume of 1,174,597 shares, compared to its average volume of 324,043. 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 business's fifty day moving average price is $13.88 and its 200-day moving average price is $16.74. The firm has a market cap of $803.78 million, a price-to-earnings 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 posted its quarterly earnings data 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 analyst estimates of $239.73 million. Angi had a return on equity of 3.41% and a net margin of 3.04%. As a group, equities research analysts predict that Angi Inc. will post 0.08 earnings per share for the current year.

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.