Dynamic Technology Lab Private Ltd Invests $199,000 in Angi Inc. (NASDAQ:ANGI)

Dynamic Technology Lab Private Ltd purchased a new stake in shares of Angi Inc. (NASDAQ:ANGI - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 119,595 shares of the technology company's stock, valued at approximately $199,000.

A number of other large investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in Angi during the fourth quarter worth approximately $27,000. Headlands Technologies LLC boosted its stake in 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 buying an additional 18,523 shares during the period. Barclays PLC increased its position in Angi by 1,255.5% during the third 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. Centiva Capital LP purchased a new stake in shares of Angi in the third quarter valued at $46,000. Finally, Jones Financial Companies Lllp lifted its holdings in shares of Angi by 38.8% in the 4th 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 during the last quarter. Institutional investors own 12.84% of the company's stock.

Angi Stock Down 3.0 %

Shares of ANGI stock traded down $0.38 during mid-day trading on Tuesday, hitting $12.12. The stock had a trading volume of 1,489,737 shares, compared to its average volume of 198,829. Angi Inc. has a 12-month low of $11.00 and a 12-month high of $29.15. 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 firm's 50-day moving average is $15.75 and its two-hundred day moving average is $18.67. The firm has a market capitalization of $602.69 million, a P/E ratio of 151.52 and a beta of 1.88.

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Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. JMP Securities reduced their price objective on shares of Angi from $30.00 to $27.50 and set a "market outperform" rating on the stock in a research report on Thursday, February 13th. Citigroup raised their price target on Angi from $17.00 to $20.00 and gave the stock a "neutral" rating in a research note on Friday, January 31st. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of Angi in a research report on Wednesday, December 18th. Royal Bank of Canada reduced their target price on Angi from $27.50 to $17.00 and set a "sector perform" rating on the stock in a research note on Tuesday. Finally, StockNews.com raised shares of Angi from a "hold" rating to a "buy" rating in a research note on Friday, April 4th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $28.25.

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.