Andersen Group (NYSE:ANDG) Shares Gap Down – Should You Sell?

Andersen Group Inc. (NYSE:ANDG) gapped down before the market opened on Wednesday . The stock had previously closed at $22.41, but opened at $20.50. Andersen Group shares last traded at $19.76, with a volume of 31,038 shares traded.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Zacks Research upgraded Andersen Group to a “hold” rating in a report on Tuesday, January 13th. Wells Fargo & Company upgraded Andersen Group to a “hold” rating in a research note on Monday, January 12th. Robert W. Baird upgraded Andersen Group to a “strong-buy” rating in a research note on Monday, January 12th. UBS Group raised Andersen Group to a “strong-buy” rating in a report on Monday, January 12th. Finally, William Blair upgraded shares of Andersen Group to a “strong-buy” rating in a research report on Monday, January 12th. Four equities research analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Andersen Group has an average rating of “Buy”.

Andersen Group Trading Down 0.5%

Institutional Investors Weigh In On Andersen Group

A hedge fund recently bought a new stake in Andersen Group stock. Teacher Retirement System of Texas bought a new stake in Andersen Group Inc. (NYSE:ANDG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 165,000 shares of the company’s stock, valued at approximately $4,278,000. Teacher Retirement System of Texas owned about 0.15% of Andersen Group at the end of the most recent quarter.

Andersen Group Company Profile

Our mission is to deliver exceptional client service grounded in integrity, transparency, and excellence. Since our founding in 2002, we have experienced rapid and sustained growth, powered by our people, our values and our relentless commitment to innovative, client-focused solutions. Building on the rich traditions and culture of the former Arthur Andersen, we are driven by a bold vision to lead in a complex global marketplace, creating lasting value for our clients, our people and our investors.