Angel Studios (NYSE:ANGX) Director Purchases 107,662 Shares

Angel Studios, Inc. (NYSE:ANGX) Director Steven Sarowitz acquired 107,662 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were acquired at an average cost of $4.12 per share, for a total transaction of $443,567.44. Following the purchase, the director directly owned 683,303 shares in the company, valued at $2,815,208.36. This trade represents a 18.70% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Angel Studios Stock Performance

ANGX stock traded up $0.04 during midday trading on Friday, hitting $4.36. 1,649,818 shares of the company’s stock were exchanged, compared to its average volume of 1,196,881. Angel Studios, Inc. has a one year low of $2.05 and a one year high of $20.39. The company has a market cap of $811.82 million, a PE ratio of -4.68 and a beta of -0.02. The stock’s fifty day moving average price is $3.70 and its 200-day moving average price is $3.37.

Angel Studios (NYSE:ANGX) last released its quarterly earnings results on Tuesday, August 4th. The company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.02. The business had revenue of $111.71 million for the quarter. On average, analysts expect that Angel Studios, Inc. will post -0.37 EPS for the current year.

Institutional Trading of Angel Studios

A number of hedge funds and other institutional investors have recently made changes to their positions in ANGX. OneAscent Financial Services LLC acquired a new stake in shares of Angel Studios in the second quarter valued at approximately $41,000. Whitcomb & Hess Inc. acquired a new position in Angel Studios during the second quarter worth $49,000. Hardin Capital Partners LLC grew its position in Angel Studios by 19.8% in the second quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company’s stock valued at $111,000 after purchasing an additional 5,000 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Angel Studios by 77.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company’s stock valued at $27,000 after buying an additional 3,793 shares during the last quarter. Finally, Lazard Asset Management LLC bought a new stake in Angel Studios during the 1st quarter worth about $174,000. 38.57% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have commented on the stock. B. Riley Financial restated a “buy” rating and set a $8.00 target price (up from $7.00) on shares of Angel Studios in a report on Tuesday, June 30th. Wall Street Zen upgraded shares of Angel Studios from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Angel Studios in a report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Angel Studios currently has an average rating of “Moderate Buy” and an average price target of $8.50.

Angel Studios Company Profile

Angel Studios, Inc is a media and entertainment company that develops, produces, distributes and licenses film and television content. The company uses a community-driven model through the Angel Guild, whose members help guide content decisions, and focuses on stories intended to “amplify light.” Angel Studios generates revenue from Guild memberships, theatrical releases, content licensing, merchandise, and its Pay It Forward model.

Angel Studios became publicly traded on the New York Stock Exchange under the ticker symbol ANGX in September 2025 following its business combination with Southport Acquisition Corporation, a special purpose acquisition company.