16,163 Shares in Angi Inc. (NASDAQ:ANGI) Acquired by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new stake in Angi Inc. (NASDAQ:ANGI) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 16,163 shares of the technology company’s stock, valued at approximately $27,000.

Other hedge funds have also recently bought and sold shares of the company. Barclays PLC grew its stake 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 purchasing an additional 15,191 shares during the period. Headlands Technologies LLC lifted its stake 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 buying an additional 18,523 shares during the period. Jones Financial Companies Lllp boosted its holdings in Angi by 38.8% during the fourth quarter. Jones Financial Companies Lllp now owns 28,439 shares of the technology company’s stock worth $47,000 after buying an additional 7,944 shares during the last quarter. Quantbot Technologies LP acquired a new position in shares of Angi during the 4th quarter worth about $73,000. Finally, PNC Financial Services Group Inc. grew its position in shares of Angi by 24.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 88,476 shares of the technology company’s stock worth $147,000 after buying an additional 17,605 shares during the period. 12.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ANGI has been the subject of a number of recent analyst reports. StockNews.com upgraded shares of Angi from a “hold” rating to a “buy” rating in a research report on Saturday, May 10th. UBS Group decreased their target price on Angi from $24.00 to $20.00 and set a “neutral” rating for the company in a research note on Thursday, May 8th. JMP Securities lowered their price target on Angi from $30.00 to $27.50 and set a “market outperform” rating for the company in a report on Thursday, February 13th. KeyCorp cut their price objective on Angi from $22.00 to $19.00 and set an “overweight” rating on the stock in a report on Monday, May 5th. Finally, Benchmark boosted their price objective on Angi from $6.00 to $27.00 and gave the company a “buy” rating in a research report on Thursday, May 8th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $21.36.

Angi Stock Down 3.0%

Angi stock opened at $16.11 on Thursday. The company has a market capitalization of $803.00 million, a PE ratio of 201.40 and a beta of 1.84. Angi Inc. has a 12-month low of $10.88 and a 12-month high of $29.15. The firm’s fifty day moving average is $13.87 and its 200 day moving average is $16.94. The company has a quick ratio of 2.05, a current ratio of 2.14 and a debt-to-equity ratio of 0.47.

Angi (NASDAQ:ANGI) last issued its earnings results on Tuesday, May 6th. The technology company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.24. Angi had a return on equity of 3.41% and a net margin of 3.04%. The company had revenue of $245.91 million for the quarter, compared to analysts’ expectations of $239.73 million. As a group, sell-side analysts predict that Angi Inc. will post 0.08 EPS for the current fiscal 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.