Sterling Capital Management LLC lowered its position in Angi Inc. (NASDAQ:ANGI - Free Report) by 59.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 20,033 shares of the technology company's stock after selling 29,579 shares during the period. Sterling Capital Management LLC's holdings in Angi were worth $33,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in shares of Angi in the 4th quarter valued at $27,000. Headlands Technologies LLC boosted its holdings in Angi by 9,308.0% in the fourth quarter. Headlands Technologies LLC now owns 18,722 shares of the technology company's stock valued at $31,000 after purchasing an additional 18,523 shares during the last quarter. Barclays PLC grew its position in Angi by 1,255.5% during the 3rd quarter. Barclays PLC now owns 16,401 shares of the technology company's stock worth $42,000 after purchasing an additional 15,191 shares during the period. Jones Financial Companies Lllp raised its stake 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 buying an additional 7,944 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of Angi in the 4th quarter valued at about $73,000. Institutional investors and hedge funds own 12.84% of the company's stock.
Angi Stock Down 0.2 %
Shares of ANGI opened at $12.54 on Friday. Angi Inc. has a one year low of $11.00 and a one year 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 stock has a 50 day moving average price of $14.83 and a 200 day moving average price of $18.04. The stock has a market capitalization of $623.58 million, a price-to-earnings ratio of 156.77 and a beta of 1.88.
Analyst Ratings Changes
Several analysts recently commented on the company. StockNews.com raised Angi from a "hold" rating to a "buy" rating in a report on Wednesday. Royal Bank of Canada cut their target price on shares of Angi from $27.50 to $17.00 and set a "sector perform" rating for the company in a report on Tuesday, April 15th. JMP Securities lowered their price target on shares of Angi from $30.00 to $27.50 and set a "market outperform" rating on the stock in a report on Thursday, February 13th. Finally, Citigroup lifted their price objective on shares of Angi from $17.00 to $20.00 and gave the company a "neutral" rating in a report on Friday, January 31st. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Angi presently has a consensus rating of "Hold" and a consensus price target of $28.25.
Read 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.
Further Reading
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