Angi Inc. (NASDAQ:ANGI) Shares Sold by Intrepid Capital Management Inc.

Intrepid Capital Management Inc. lessened its holdings in shares of Angi Inc. (NASDAQ:ANGI) by 1.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 133,045 shares of the technology company’s stock after selling 1,343 shares during the quarter. Intrepid Capital Management Inc.’s holdings in Angi were worth $1,799,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Bridgefront Capital LLC purchased a new position in shares of Angi during the 2nd quarter worth $275,000. Bank of New York Mellon Corp raised its holdings in Angi by 13.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 110,560 shares of the technology company’s stock valued at $1,496,000 after buying an additional 13,483 shares during the period. Buckhead Capital Management LLC raised its holdings in Angi by 8.6% in the 2nd quarter. Buckhead Capital Management LLC now owns 57,680 shares of the technology company’s stock valued at $780,000 after buying an additional 4,575 shares during the period. General American Investors Co. Inc. raised its holdings in Angi by 228.3% in the 2nd quarter. General American Investors Co. Inc. now owns 335,059 shares of the technology company’s stock valued at $4,530,000 after buying an additional 233,003 shares during the period. Finally, Boyar Asset Management Inc. raised its holdings in Angi by 5.1% in the 2nd quarter. Boyar Asset Management Inc. now owns 114,740 shares of the technology company’s stock valued at $1,551,000 after buying an additional 5,595 shares during the period. 13.38% of the stock is currently owned by institutional investors.

In related news, Director Bowman Angela R. Hicks sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 15th. The shares were sold at an average price of $11.60, for a total transaction of $116,000.00. Following the completion of the transaction, the director now owns 261,773 shares of the company’s stock, valued at $3,036,566.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.80% of the company’s stock.

A number of analysts have issued reports on the stock. Truist cut their price target on shares of Angi from $16.00 to $14.00 and set a “buy” rating on the stock in a research note on Friday, August 6th. TheStreet downgraded Angi from a “c-” rating to a “d” rating in a research report on Thursday, August 5th. Oppenheimer lowered their price target on Angi from $17.00 to $15.00 and set an “outperform” rating for the company in a report on Friday, August 6th. Wells Fargo & Company decreased their price objective on Angi from $16.00 to $14.00 and set an “overweight” rating for the company in a report on Monday, August 9th. Finally, Truist Securities cut their price target on Angi from $16.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, August 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $15.21.

ANGI stock traded down $0.70 on Monday, hitting $13.70. 13,419 shares of the company were exchanged, compared to its average volume of 1,702,503. Angi Inc. has a twelve month low of $9.28 and a twelve month high of $19.17. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.45 and a quick ratio of 2.45. The business’s fifty day moving average is $11.19 and its two-hundred day moving average is $13.25. The stock has a market capitalization of $6.91 billion, a price-to-earnings ratio of -171.13 and a beta of 1.94.

Angi (NASDAQ:ANGI) last issued its quarterly earnings results on Wednesday, August 4th. The technology company reported ($0.06) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.03). Angi had a negative return on equity of 3.06% and a negative net margin of 2.46%. The company had revenue of $420.99 million for the quarter, compared to analyst estimates of $423.45 million. During the same period last year, the company posted $0.02 EPS. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. Equities research analysts expect that Angi Inc. will post -0.15 earnings per share for the current year.

Angi Profile

Angi, Inc is a holding company, which engages in the provision of digital marketplace for home services. It operates through the North America and Europe segments. It offers consumer services and professional services. The North America segment includes the operations HomeAdvisor, Angie’s List, Handy, mHelpDesk, HomeStars and Fixd Repair.

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Institutional Ownership by Quarter for Angi (NASDAQ:ANGI)

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