The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Angi Inc shares valued at $15,383 were sold by Shanmugasundaram Kulesh on Mar 06 ’25. At $1.56 per share, Shanmugasundaram Kulesh sold 9,861 shares. The insider’s holdings dropped to 414,716 shares worth approximately $5.21 million following the completion of this transaction.
Also, KULESH SHANMUGASUNDARAM purchased 39,444 shares, netting a total of over 63,899 in proceeds.
Before that, Kip Jeffrey W had added 250,000 shares to its account. In a trade valued at $430,000, the CEO bought Angi Inc shares for $1.72 each. Upon closing the transaction, the insider’s holdings increased to 250,000 shares, worth approximately $11.52 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 surge of approximately 3.63%. Over the course of the year, Angi Inc shares have dropped approximately -24.34%. Shares of the company reached a 52-week high of $20.70 on 02/12/25 and a 52-week low of $11.00 on 04/07/25. A 50-day SMA is recorded $15.26, while a 200-day SMA reached $20.26.
Support And Resistance Levels for Angi Inc (ANGI)
According to the 24-hour chart, there is a support level at 12.29, which, if violated, would cause prices to drop to 12.03. In the upper region, resistance lies at 12.90. The next price resistance is at 13.25. RSI (Relative Strength Index) is 40.91 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.04, which suggests the price will decrease in the coming days. Percent R is at 38.22%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
