Angi Inc. (NASDAQ:ANGI - Get Free Report) CTO Kulesh Shanmugasundaram sold 11,748 shares of the business's stock in a transaction on Wednesday, May 1st. The stock was sold at an average price of $2.13, for a total transaction of $25,023.24. Following the transaction, the chief technology officer now owns 160,506 shares of the company's stock, valued at approximately $341,877.78. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Kulesh Shanmugasundaram also recently made the following trade(s):
- On Monday, April 1st, Kulesh Shanmugasundaram sold 11,748 shares of Angi stock. The stock was sold at an average price of $2.58, for a total value of $30,309.84.
- On Wednesday, March 6th, Kulesh Shanmugasundaram sold 11,748 shares of Angi stock. The stock was sold at an average price of $2.58, for a total value of $30,309.84.
- On Thursday, February 1st, Kulesh Shanmugasundaram sold 12,000 shares of Angi stock. The stock was sold at an average price of $2.41, for a total value of $28,920.00.
Angi Stock Up 3.3 %
Shares of NASDAQ:ANGI opened at $2.18 on Thursday. Angi Inc. has a 1 year low of $1.54 and a 1 year high of $4.18. The stock has a 50-day simple moving average of $2.47 and a 200-day simple moving average of $2.32. The stock has a market capitalization of $1.09 billion, a P/E ratio of -27.25 and a beta of 1.96. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.88 and a current ratio of 1.88.
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Angi (NASDAQ:ANGI - Get Free Report) last posted its earnings results on Tuesday, February 13th. The technology company reported $0.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.03. The business had revenue of $300.43 million during the quarter, compared to analyst estimates of $306.73 million. Angi had a negative return on equity of 3.15% and a negative net margin of 2.84%. Equities analysts forecast that Angi Inc. will post -0.01 earnings per share for the current year.
Wall Street Analyst Weigh In
ANGI has been the topic of a number of research analyst reports. The Goldman Sachs Group raised their price objective on shares of Angi from $3.00 to $3.50 and gave the stock a "buy" rating in a report on Friday, February 16th. UBS Group lifted their price target on shares of Angi from $2.60 to $3.00 and gave the stock a "neutral" rating in a research note on Thursday, February 15th. Royal Bank of Canada upped their price objective on shares of Angi from $2.25 to $3.25 and gave the company a "sector perform" rating in a research note on Thursday, February 15th. Finally, StockNews.com upgraded Angi from a "hold" rating to a "buy" rating in a research report on Thursday, February 15th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, Angi has a consensus rating of "Moderate Buy" and an average target price of $4.23.
Read Our Latest Stock Report on ANGI
Institutional Investors Weigh In On Angi
A number of hedge funds have recently bought and sold shares of the business. Victory Capital Management Inc. acquired a new position in shares of Angi in the 4th quarter valued at approximately $26,000. DAVENPORT & Co LLC bought a new stake in shares of Angi in the third quarter worth $27,000. Tower Research Capital LLC TRC raised its holdings in Angi by 140.5% in the fourth quarter. Tower Research Capital LLC TRC now owns 17,880 shares of the technology company's stock valued at $45,000 after acquiring an additional 10,447 shares in the last quarter. Boulder Hill Capital Management LP bought a new position in Angi during the 4th quarter valued at $57,000. Finally, BNP Paribas Financial Markets boosted its stake in Angi by 44.6% during the 1st quarter. BNP Paribas Financial Markets now owns 24,807 shares of the technology company's stock valued at $65,000 after acquiring an additional 7,649 shares during the last quarter. Institutional investors and hedge funds own 12.84% of the company's stock.
Angi Company Profile
(
Get Free Report)
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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