Angi Inc’s recent filing unveils that its Chief Technology Officer Shanmugasundaram Kulesh unloaded Company’s shares for reported $15383.0 on Mar 06 ’25. In the deal valued at $1.56 per share,9,861 shares were sold. As a result of this transaction, Shanmugasundaram Kulesh now holds 414,716 shares worth roughly $0.69 million.
Then, KULESH SHANMUGASUNDARAM bought 39,444 shares, generating $63,899 in total proceeds.
Before that, Kip Jeffrey W bought 250,000 shares. Angi Inc shares valued at $430,000 were divested by the CEO at a price of $1.72 per share. As a result of the transaction, Kip Jeffrey W now holds 917,331 shares, worth roughly $1.52 million.
JP Morgan downgraded its Angi Inc [ANGI] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “a Neutral”. Citigroup also remained covering ANGI and has decreased its forecast on November 13, 2024 with a “Neutral” recommendation from previously “Buy” rating. JMP Securities started covering the stock on July 09, 2024. It rated ANGI as “a Mkt outperform”.
Price Performance Review of ANGI
On Friday, Angi Inc [NASDAQ:ANGI] saw its stock jump 3.75% to $1.66. Over the last five days, the stock has lost -1.19%. Nevertheless, the stocks have fallen -36.40% over the past one year. While a 52-week high of $2.91 was reached on 02/12/25, a 52-week low of $1.49 was recorded on 01/13/25. SMA at 50 days reached $1.7300, while 200 days put it at $2.1190.
Levels Of Support And Resistance For ANGI Stock
The 24-hour chart illustrates a support level at 1.5833, which if violated will result in even more drops to 1.5067. On the upside, there is a resistance level at 1.7233. A further resistance level may holdings at 1.7867. The Relative Strength Index (RSI) on the 14-day chart is 44.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0662, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.25%. Stochastics %K at 27.44% indicates the stock is a holding.
