Squarepoint Ops LLC Takes $74,000 Position in Angi Inc. (NASDAQ:ANGI)

Squarepoint Ops LLC purchased a new stake in Angi Inc. (NASDAQ:ANGI) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 44,432 shares of the technology company’s stock, valued at approximately $74,000.

Several other large investors have also modified their holdings of ANGI. Raymond James Financial Inc. bought a new position in shares of Angi during the 4th quarter worth approximately $27,000. Hsbc Holdings PLC bought a new position in shares of Angi during the 4th quarter worth approximately $30,000. Headlands Technologies LLC raised its stake in shares of Angi by 9,308.0% during the 4th quarter. Headlands Technologies LLC now owns 18,722 shares of the technology company’s stock worth $31,000 after acquiring an additional 18,523 shares in the last quarter. Oxford Asset Management LLP bought a new position in shares of Angi during the 4th quarter worth approximately $33,000. Finally, Two Sigma Securities LLC bought a new position in shares of Angi during the 4th quarter worth approximately $41,000. Institutional investors own 12.84% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on ANGI shares. Citigroup reduced their price objective on shares of Angi from $18.00 to $14.00 and set a “neutral” rating for the company in a research note on Friday, April 25th. Wall Street Zen upgraded shares of Angi from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 6th. UBS Group reduced their price objective on shares of Angi from $24.00 to $20.00 and set a “neutral” rating for the company in a research note on Thursday, May 8th. KeyCorp reduced their price objective on shares of Angi from $22.00 to $19.00 and set an “overweight” rating for the company in a research note on Monday, May 5th. Finally, Royal Bank of Canada reduced their price objective on shares of Angi from $27.50 to $17.00 and set a “sector perform” rating for the company in a research note on Tuesday, April 15th. Five equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $21.36.

Angi Stock Down 0.3%

NASDAQ:ANGI opened at $16.58 on Wednesday. The company has a market cap of $795.62 million, a PE ratio of 207.28 and a beta of 1.81. Angi Inc. has a twelve month low of $10.88 and a twelve month high of $29.15. 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 company’s 50 day moving average is $14.09 and its two-hundred day moving average is $16.13.

Angi (NASDAQ:ANGI) last released its earnings results on Tuesday, May 6th. The technology company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.24. The company had revenue of $245.91 million for the quarter, compared to the consensus estimate of $239.73 million. Angi had a net margin of 3.04% and a return on equity of 3.41%. Analysts anticipate that Angi Inc. will post 0.08 EPS for the current year.

About Angi

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.