Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Angi Inc shares valued at $430,000 were purchased by Kip Jeffrey W on Nov 15 ’24. At $1.72 per share, Kip Jeffrey W acquired 250,000 shares. The insider’s holdings grew to 917,331 shares worth approximately $1.44 million following the completion of this transaction.
Also, Shanmugasundaram Kulesh sold 11,748 shares, netting a total of over 27,255 in proceeds. Following the sale of shares at $2.32 each, the insider now holds 125,262 shares.
Before that, Shanmugasundaram Kulesh had sold 11,748 shares from its account. In a trade valued at $22,321, the Chief Technology Officer traded Angi Inc shares for $1.90 each. Upon closing the transaction, the insider’s holdings decreased to 11,748 shares, worth approximately $0.22 million.
As published in a research note from JP Morgan on December 18, 2024, Angi Inc [ANGI] has been rated down from an Overweight to a Neutral. Analysts at Goldman downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid November. As of November 13, 2024, Citigroup has decreased its “Buy” rating to a “Neutral” for ANGI. Earlier on July 09, 2024, JMP Securities initiated its rating. Their recommendation was “a Mkt outperform” for ANGI stock.
Analyzing ANGI Stock Performance
During the last five days, there has been a drop of approximately -5.42%. Over the course of the year, Angi Inc shares have dropped approximately -5.42%. Shares of the company reached a 52-week high of $1.7100 on 01/06/25 and a 52-week low of $1.5300 on 01/08/25. A 50-day SMA is recorded $1.9459, while a 200-day SMA reached $2.2269. Nevertheless, trading volume fell to 1.18 million shares from 0.39 million shares the previous day.
Support And Resistance Levels for Angi Inc (ANGI)
According to the 24-hour chart, there is a support level at 1.5233, which, if violated, would cause prices to drop to 1.4767. In the upper region, resistance lies at 1.6233. The next price resistance is at 1.6767. RSI (Relative Strength Index) is 33.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.0231, which suggests the price will decrease in the coming days. Percent R is at 84.00%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
