Legal & General Group Plc Decreases Stake in Angi Inc. (NASDAQ:ANGI)

Legal & General Group Plc lowered its holdings in shares of Angi Inc. (NASDAQ:ANGI) by 37.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,204 shares of the technology company’s stock after selling 44,050 shares during the quarter. Legal & General Group Plc’s holdings in Angi were worth $122,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in ANGI. Raymond James Financial Inc. purchased a new position in Angi during the 4th quarter worth $27,000. Barclays PLC lifted 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 buying an additional 15,191 shares during the period. Headlands Technologies LLC raised its stake in Angi by 9,308.0% in 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 during the last quarter. Jones Financial Companies Lllp lifted its position in Angi by 38.8% during the 4th quarter. Jones Financial Companies Lllp now owns 28,439 shares of the technology company’s stock worth $47,000 after acquiring an additional 7,944 shares during the period. Finally, Quantbot Technologies LP purchased a new stake in Angi during the 4th quarter valued at about $73,000. 12.84% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ANGI has been the subject of a number of research reports. StockNews.com downgraded Angi from a “buy” rating to a “hold” rating in a report on Friday. JMP Securities dropped their price objective on shares of Angi from $30.00 to $27.50 and set a “market outperform” rating on the stock in a report on Thursday, February 13th. Royal Bank of Canada reduced their target price on shares of Angi from $27.50 to $17.00 and set a “sector perform” rating for the company in a report on Tuesday, April 15th. Finally, Citigroup lowered their price target on shares of Angi from $18.00 to $14.00 and set a “neutral” rating on the stock in a report on Friday, April 25th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $27.25.

Angi Stock Up 4.4 %

ANGI stock opened at $11.96 on Friday. The firm’s fifty day moving average is $14.27 and its 200 day moving average is $17.59. The firm has a market cap of $594.73 million, a PE ratio of 149.52 and a beta of 1.88. Angi Inc. has a one year low of $11.00 and a one year 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.

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.