Raymond James Financial Inc. Purchases Shares of 16,163 Angi Inc. (NASDAQ:ANGI)

Raymond James Financial Inc. acquired a new position in shares of Angi Inc. (NASDAQ:ANGI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 16,163 shares of the technology company’s stock, valued at approximately $27,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. M&T Bank Corp lifted its position in Angi by 16.7% during the fourth quarter. M&T Bank Corp now owns 589,242 shares of the technology company’s stock worth $978,000 after buying an additional 84,304 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Angi by 46.8% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 262,529 shares of the technology company’s stock worth $677,000 after acquiring an additional 83,704 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of Angi by 39.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 228,173 shares of the technology company’s stock worth $589,000 after acquiring an additional 65,119 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Angi in the fourth quarter worth approximately $210,000. Finally, XTX Topco Ltd grew its holdings in Angi by 250.1% in the third quarter. XTX Topco Ltd now owns 100,878 shares of the technology company’s stock valued at $260,000 after purchasing an additional 72,060 shares during the period. Hedge funds and other institutional investors own 12.84% of the company’s stock.

Angi Stock Performance

NASDAQ:ANGI opened at $12.40 on Monday. Angi Inc. has a twelve month low of $11.00 and a twelve month high of $29.15. The firm has a market capitalization of $616.61 million, a price-to-earnings ratio of 155.02 and a beta of 1.88. 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’s fifty day simple moving average is $15.87 and its 200 day simple moving average is $18.76.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ANGI. Citigroup lifted their price target on shares of Angi from $17.00 to $20.00 and gave the company a “neutral” rating in a report on Friday, January 31st. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Angi in a report on Wednesday, December 18th. 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 research report on Thursday, February 13th. Finally, StockNews.com upgraded Angi from a “hold” rating to a “buy” rating in a report on Friday, April 4th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $30.50.

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.