Angi IncANGI
About: Angi Inc connects quality home service professionals with consumers across different categories, from repairing and remodeling to cleaning and landscaping. It operates through brands like Angi, HomeAdvisor, and Handy. The company has three operating segments, namely, Ads and Leads, Services, and International (Europe and Canada). A majority of its revenue is generated from the Ads and Leads segment, which provides professionals the capability to engage with potential customers, including quoting and invoicing services, and provides consumers with tools and resources to help them find professionals nationwide for home repair, maintenance, and improvement projects. Geographically, the company derives its key revenue from the United States and also has a presence in other countries.
Employees: 2,800
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
73% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 15
11% more funds holding
Funds holding: 91 [Q3] → 101 (+10) [Q4]
3.09% less ownership
Funds ownership: 66.86% [Q3] → 63.78% (-3.09%) [Q4]
26% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 35
40% less capital invested
Capital invested by funds: $132M [Q3] → $79.7M (-$52.5M) [Q4]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $31K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
JMP Securities Nicholas Jones 48% 1-year accuracy 40 / 84 met price target | 84%upside $28 | Market Outperform Maintained | 13 Feb 2025 |
Citigroup Ygal Arounian 41% 1-year accuracy 9 / 22 met price target | 34%upside $20 | Neutral Maintained | 31 Jan 2025 |
Financial journalist opinion
