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Assenagon Asset Management S.A. sells 40,098 Angi Inc. shares (NASDAQ:ANGI)

Assenagon Asset Management S.A. sells 40,098 Angi Inc. shares (NASDAQ:ANGI)

The most recent Form 13F filing that Assenagon Asset Management S.A. has made with the SEC indicates that during the third quarter, the company’s holdings in Angi Inc. (NASDAQ: ANGI) were reduced by 60.2%. The institutional investor was left with ownership of 26,528 shares of the technology company’s stock after selling 40,098 shares of the company’s stock throughout the period in question. The value of Assenagon Asset Management S.A.’s shares in Angi was reported to be $78,000 in the company’s most recent disclosure with the Securities and Exchange Commission (SEC).

In addition, hedge funds and various other institutional investors have altered how they invest in the company to take advantage of recent developments. PDT Partners LLC brought the total percentage of Angi stock that it owned up to 78.3 percent during the second quarter of the fiscal year. PDT Partners LLC now has a total of 255,820 shares of the technology company’s stock after purchasing an additional 112,333 shares during the most recent quarter. The stock is valued at $1,172,000 because PDT Partners LLC now possesses 255,820 shares. The increase in the number of shares of Angi that Delphia USA Inc. owned during the second quarter was 25.9% of the total number of shares owned by that company. Delphia USA Inc. purchased an additional 6,967 shares during the most recent fiscal quarter, bringing the total number of shares owned by the company to 33,828 at a value of $155,000. In the second quarter, the Swiss National Bank completed a 5.5% increase in the proportion of Angi shares included in its portfolio. The Swiss National Bank now has a total of 170,400 shares in the technology company after purchasing 8,900 shares during the most recent fiscal quarter. This brings the total number of shares the SNB owns in the company to 170,400. The price at which those shares are trading on the market now is $780,000. The Caisse de Depot et Placement du Québec increased the proportion of Angi stock it owned in its portfolio by 1.9% during the second quarter. Following the acquisition of an additional 20,000 shares during the most recent fiscal quarter, Caisse de Depot et Placement du Québec now holds 1,046,879 shares of the company specializing in technology. The current value of these shares on the market is approximately $4,795,000.

Last but not least, during the second quarter, Deutsche Bank AG increased the percentage of Angie’s List shares it owned by 354.6%. This certainly should not be considered the least important development. Deutsche Bank AG now owns a total of 1,232,667 of those shares, which are worth $5,645,000 after the company purchased 961,510 of those shares during the most recent quarter. Institutional investors hold the shares of the company to the extent of 11.93% of the total.

Recent commentary on the stock comes from analysts who focus on equity research and have recently shared their perspectives on the stock. Goldman Sachs Group lowered their price target on Angi shares from $8.50 to $6.00 and assigned the company a “buy” rating in a research report made public on Thursday, November 10th. The report was made available to the public. The report was focused on the company. On November 15th, Benchmark announced that they would be lowering.

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