Flax Pond Capital LLC Takes $3.32 Million Position in Angi Inc. $ANGI

Posted by on Jul 31st, 2026

Flax Pond Capital LLC bought a new stake in Angi Inc. (NASDAQ:ANGI – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 485,290 shares of the technology company’s stock, valued at approximately $3,324,000. Angi accounts for about 2.7% of Flax Pond Capital LLC’s portfolio, making the stock its 14th biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in ANGI. Royal Bank of Canada acquired a new position in Angi during the 1st quarter worth $73,000. Janus Henderson Group PLC acquired a new position in shares of Angi during the first quarter valued at $118,000. California State Teachers Retirement System acquired a new position in shares of Angi during the first quarter valued at $237,000. Bank of America Corp DE bought a new stake in shares of Angi during the first quarter valued at about $325,000. Finally, Empowered Funds LLC bought a new stake in shares of Angi during the first quarter valued at about $1,136,000. Institutional investors own 12.84% of the company’s stock.

Angi Price Performance

Shares of NASDAQ ANGI opened at $5.66 on Friday. Angi Inc. has a twelve month low of $4.53 and a twelve month high of $19.42. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $228.95 million, a price-to-earnings ratio of 13.80 and a beta of 1.61. The firm has a 50-day moving average of $5.81 and a two-hundred day moving average of $7.55.

Angi (NASDAQ:ANGI – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The technology company reported ($0.22) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.41) by $0.19. Angi had a net margin of 1.93% and a return on equity of 2.06%. The company had revenue of $238.15 million for the quarter, compared to analysts’ expectations of $240.63 million. During the same quarter in the previous year, the company posted $0.30 EPS. The business’s revenue was down 3.1% compared to the same quarter last year. As a group, analysts expect that Angi Inc. will post 0.16 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on ANGI shares. JPMorgan Chase & Co. decreased their target price on shares of Angi from $10.00 to $5.00 and set a “neutral” rating for the company in a research report on Thursday, May 7th. Benchmark restated a “buy” rating on shares of Angi in a research report on Tuesday, May 26th. Royal Bank Of Canada set a $14.00 price target on shares of Angi in a research note on Tuesday, May 26th. The Goldman Sachs Group set a $6.00 price objective on shares of Angi and gave the company a “neutral” rating in a report on Monday, July 13th. Finally, Citizens Jmp reiterated a “market perform” rating on shares of Angi in a research note on Monday, July 13th. Two equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $10.43.

View Our Latest Report on Angi

Angi Profile

(Free Report)

Angi (NASDAQ: ANGI) operates a digital marketplace that connects homeowners and renters with service professionals for home improvement, maintenance and repair projects. Through its flagship platform, Angi provides user-friendly tools that allow consumers to research service providers, compare prices, read verified reviews and book appointments. The company’s services span a wide range of home needs, including plumbing, electrical work, landscaping, painting, cleaning, remodeling and general handyman tasks.

Originally founded in 1995 as Angie’s List, the company built its reputation on a subscription-based model and a comprehensive database of customer reviews.

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Institutional Ownership by Quarter for Angi (NASDAQ:ANGI)

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