Angi Inc (NASDAQ: ANGI) is -20.88% lower on its value in year-to-date trading and has touched a low of $1.65 and a high of $3.10 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ANGI stock was last observed hovering at around $1.98 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $1.97, the stock is -12.59% and -19.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.94 million and changing -0.51% at the moment leaves the stock -16.98% off its SMA200. ANGI registered -4.37% loss for a year compared to 6-month gain of -7.94%. The firm has a 50-day simple moving average (SMA 50) of $2.4532 and a 200-day simple moving average (SMA200) of $2.37305.
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The stock witnessed a -20.88% loss in the last 1 month and extending the period to 3 months gives it a -23.94%, and is 6.78% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.95% over the week and 6.37% over the month.
Angi Inc (ANGI) has around 3800 employees, a market worth around $979.62M and $1.22B in sales. Current P/E ratio is 31.42 and Fwd P/E is 49.89. Profit margin for the company is 2.61%. Distance from 52-week low is 19.39% and -36.35% from its 52-week high. The company has generated returns on investments over the last 12 months (2.03%).
The EPS is expected to grow by 195.85% this year
134.0 institutions hold shares in Angi Inc (ANGI), with institutional investors hold 77.91% of the company’s shares. The shares outstanding are 82.21M, and float is at 65.85M with Short Float at 12.11%. Institutions hold 72.32% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.7 million shares valued at $12.87 million. The investor’s holdings represent 1.3338 of the ANGI Shares outstanding. As of 2024-06-30, the second largest holder is PALE FIRE CAPITAL SE with 6.41 million shares valued at $12.31 million to account for 1.2757 of the shares outstanding. The other top investors are ARROWMARK COLORADO HOLDINGS LLC which holds 4.65 million shares representing 0.9242 and valued at over $8.92 million, while FMR LLC holds 0.8733 of the shares totaling 4.39 million with a market value of $8.43 million.
Angi Inc (ANGI) Insider Activity
The most recent transaction is an insider purchase by Kip Jeffrey W, the company’s CEO. SEC filings show that Kip Jeffrey W bought 250,000 shares of the company’s common stock on Nov 15 ’24 at a price of $1.72 per share for a total of $0.43 million. Following the purchase, the insider now owns 0.92 million shares.
Angi Inc disclosed in a document filed with the SEC on Aug 01 ’24 that Shanmugasundaram Kulesh (Chief Technology Officer) sold a total of 11,748 shares of the company’s common stock. The trade occurred on Aug 01 ’24 and was made at $2.32 per share for $27255.0. Following the transaction, the insider now directly holds 0.13 million shares of the ANGI stock.
Still, SEC filings show that on Jul 01 ’24, Shanmugasundaram Kulesh (Chief Technology Officer) disposed off 11,748 shares at an average price of $1.90 for $22321.0. The insider now directly holds 137,010 shares of Angi Inc (ANGI).
