Teacher Retirement System of Texas Invests $469,000 in Angi Inc. (NASDAQ:ANGI)

Teacher Retirement System of Texas bought a new stake in Angi Inc. (NASDAQ:ANGI - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 282,788 shares of the technology company's stock, valued at approximately $469,000. Teacher Retirement System of Texas owned approximately 0.06% of Angi as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in ANGI. Raymond James Financial Inc. acquired a new position in Angi in the 4th quarter worth $27,000. Barclays PLC boosted its position 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 buying an additional 15,191 shares during the period. Centiva Capital LP bought a new position in shares of Angi during the third quarter worth about $46,000. Jones Financial Companies Lllp raised its position in Angi by 38.8% in 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, Verition Fund Management LLC acquired a new stake in Angi in the 3rd quarter valued at approximately $116,000. Institutional investors and hedge funds own 12.84% of the company's stock.

Wall Street Analyst Weigh In

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

Remove Ads

Angi Stock Performance

Shares of ANGI stock traded down $0.90 on Thursday, hitting $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 fifty-two week low of $12.54 and a fifty-two week 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's 50 day moving average is $16.96 and its 200-day moving average is $19.71. The company has a market capitalization of $651.42 million, a PE ratio of 163.77 and a beta of 1.91.

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.