Angi (ANGI): BlackRock files 13G/A disclosing major 13.2% holding

Rhea-AI Filing Summary

BlackRock, Inc. has filed Amendment No. 1 to Schedule 13G disclosing its passive ownership in Angi Inc. (ANGI) as of 30 June 2025.

• Total beneficial ownership: 6,348,209 Class A shares.
• Percent of outstanding class: 13.2%.
• Sole voting power: 6,245,585 shares; shared voting power: 0.
• Sole dispositive power: 6,348,209 shares; shared dispositive power: 0.
• The position is held across multiple BlackRock business units; iShares Core S&P Small-Cap ETF individually holds >5% of the class.
• BlackRock certifies the shares were acquired and are held in the ordinary course of business, without intent to influence control.

The filing classifies BlackRock as a parent holding company/control person (Item 3(g)) and is signed by Managing Director Spencer Fleming on 29 July 2025.

Positive

• Strong institutional endorsement: a 13.2% stake by BlackRock enhances liquidity and may bolster investor confidence.

Negative

• Concentration risk: large passive holdings housed in index funds could create volatility during ETF rebalancing or if BlackRock trims its position.

Insights

Securities Analyst

TL;DR: BlackRock’s 13.2% passive stake signals solid institutional backing but does not alter Angi’s control structure.

The disclosure confirms that the world’s largest asset manager now owns more than one-eighth of Angi’s Class A shares. Because the stake is filed under Schedule 13G, BlackRock affirms it is a passive holder acting in the ordinary course, limiting governance impact. For investors, concentrated passive ownership can support trading liquidity and lend credibility to Angi’s equity story. However, a single ETF (iShares Core S&P Small-Cap) holds >5%, meaning index rebalancing could amplify volatility. No purchase price, timing details, or intent to increase/decrease the position are provided, so fundamental valuation views remain unchanged.

Corporate Governance Expert

TL;DR: Filing is compliance-driven; no immediate governance ramifications for Angi.

Because BlackRock filed on a 13G rather than 13D, it expressly disclaims any intent to influence management or board composition. Voting and dispositive powers remain sole, simplifying proxy mechanics. The absence of shared power or group activity suggests limited coordination risk. Still, BlackRock’s stewardship policies obligate it to engage on ESG and performance issues, so management should anticipate routine dialogues. Overall governance impact is modest unless ownership moves toward an activist 13D threshold.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Angi Inc.

(Name of Issuer)

Class A Stock

(Title of Class of Securities)

00183L201

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 00183L201

1

Names of Reporting Persons

BlackRock, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 6,245,585.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 6,348,209.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

6,348,209.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

13.2 %

12

Type of Reporting Person (See Instructions)

HC, HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Angi Inc.
(b)	Address of issuer's principal executive offices: 555 WEST 18TH STREET, NEW YORK, NEW YORK, 10011
Item 2.
(a)	Name of person filing: BlackRock, Inc. In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.
(b)	Address or principal business office or, if none, residence: BlackRock, Inc., 50 Hudson Yards New York, NY 10001
(c)	Citizenship: See Item 4 of Cover Page
(d)	Title of class of securities: Class A Stock
(e)	CUSIP No.: 00183L201
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 6,348,209
(b)	Percent of class: 13.2%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 6,245,585
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 6,348,209
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The interest of 1 such person, iShares Core S&P Small-Cap ETF, in the common stock of Angi Inc. is more than five percent of the total outstanding common stock.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BlackRock, Inc.

Signature:	Spencer Fleming
Name/Title:	Managing Director
Date:	07/29/2025

Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7

FAQ

How many ANGI shares does BlackRock own?

BlackRock reports beneficial ownership of 6,348,209 Class A shares.

What percentage of Angi’s Class A stock is held by BlackRock?

The filing states a 13.2% ownership stake.

Is BlackRock an activist in Angi Inc.?

No. The Schedule 13G filing indicates a passive investment with no intent to influence control.

Which BlackRock vehicle holds more than 5% of ANGI?

The iShares Core S&P Small-Cap ETF individually owns over 5% of Angi’s shares.

When was the ownership threshold triggering this filing reached?

The triggering event date is 30 June 2025.