Barclays PLC lifted its position in Angi Inc. (NASDAQ:ANGI – Free Report) by 1,255.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,401 shares of the technology company’s stock after acquiring an additional 15,191 shares during the quarter. Barclays PLC’s holdings in Angi were worth $42,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the company. Centiva Capital LP bought a new position in Angi during the third quarter worth $46,000. Susquehanna Fundamental Investments LLC acquired a new position in shares of Angi in the 2nd quarter valued at about $85,000. Verition Fund Management LLC acquired a new position in shares of Angi in the 3rd quarter valued at about $116,000. XTX Topco Ltd grew its position in shares of Angi by 250.1% during the 3rd quarter. XTX Topco Ltd now owns 100,878 shares of the technology company’s stock valued at $260,000 after buying an additional 72,060 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in Angi during the third quarter worth about $645,000. 12.84% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on ANGI. UBS Group raised Angi to a “hold” rating in a report on Monday, October 28th. Benchmark lowered their price objective on Angi from $7.00 to $6.00 and set a “buy” rating for the company in a research note on Wednesday, November 13th. JMP Securities reiterated a “market outperform” rating and issued a $3.00 target price on shares of Angi in a research note on Monday, December 16th. The Goldman Sachs Group lowered shares of Angi from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $3.25 to $2.50 in a research report on Wednesday, November 13th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Angi in a research report on Wednesday, December 18th. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $3.06.
Angi Price Performance
Shares of ANGI opened at $1.88 on Friday. Angi Inc. has a one year low of $1.49 and a one year high of $3.10. The stock’s fifty day moving average is $1.78 and its 200-day moving average is $2.21. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.05 and a current ratio of 2.05. The firm has a market capitalization of $934.87 million, a price-to-earnings ratio of 26.86 and a beta of 1.86.
Angi (NASDAQ:ANGI – Get Free Report) last released its earnings results on Monday, November 11th. The technology company reported $0.07 EPS for the quarter. The firm had revenue of $296.72 million for the quarter, compared to analysts’ expectations of $295.90 million. Angi had a net margin of 2.61% and a return on equity of 3.79%. During the same quarter last year, the company earned ($0.01) EPS. Equities analysts anticipate that Angi Inc. will post 0.08 EPS 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.
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