44,231 Shares in Angi Inc. (NASDAQ:ANGI) Purchased by Quantbot Technologies LP

Quantbot Technologies LP acquired a new stake in Angi Inc. (NASDAQ:ANGI - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 44,231 shares of the technology company's stock, valued at approximately $73,000.

A number of other institutional investors have also recently added to or reduced their stakes in ANGI. Raymond James Financial Inc. acquired a new position in shares of Angi during the fourth quarter worth $27,000. Barclays PLC grew its position in shares of Angi by 1,255.5% in the 3rd quarter. Barclays PLC now owns 16,401 shares of the technology company's stock valued at $42,000 after buying an additional 15,191 shares during the last quarter. Centiva Capital LP acquired a new stake in shares of Angi in the third quarter valued at about $46,000. Jones Financial Companies Lllp increased its stake in shares of Angi by 38.8% in the fourth 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 period. Finally, Trust Co of the South raised its position in shares of Angi by 98.9% during the fourth quarter. Trust Co of the South now owns 51,286 shares of the technology company's stock worth $85,000 after acquiring an additional 25,500 shares during the last quarter. 12.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on ANGI shares. JMP Securities decreased their target price on shares of Angi from $30.00 to $27.50 and set a "market outperform" rating for the company in a research report on Thursday, February 13th. Citigroup increased their price target on Angi from $17.00 to $20.00 and gave the stock a "neutral" rating in a report on Friday, January 31st. JPMorgan Chase & Co. reissued a "neutral" rating on shares of Angi in a research note on Wednesday, December 18th. Finally, StockNews.com lowered Angi from a "buy" rating to a "hold" rating in a research report on Tuesday, February 25th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, Angi has an average rating of "Hold" and a consensus target price of $30.50.

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Angi Stock Down 6.4 %

Shares of ANGI traded down $0.90 on Thursday, reaching $13.10. The company's stock had a trading volume of 1,974,911 shares, compared to its average volume of 134,796. Angi Inc. has a twelve month low of $12.54 and a twelve month high of $29.15. The stock has a market capitalization of $651.42 million, a PE ratio of 163.77 and a beta of 1.91. The company has a current ratio of 2.14, a quick ratio of 2.05 and a debt-to-equity ratio of 0.47. The firm has a fifty day moving average of $16.96 and a 200-day moving average of $19.71.

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.