Angel Studios (NYSE:ANGX) Insider Jeffrey Harmon Buys 51,380 Shares

Angel Studios, Inc. (NYSE:ANGX) insider Jeffrey Harmon purchased 51,380 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was acquired at an average price of $4.26 per share, for a total transaction of $218,878.80. Following the purchase, the insider owned 256,404 shares in the company, valued at approximately $1,092,281.04. The trade was a 25.06% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Jeffrey Harmon also recently made the following trade(s):

• On Thursday, August 13th, Jeffrey Harmon acquired 178,700 shares of Angel Studios stock. The shares were acquired at an average price of $4.08 per share, with a total value of $729,096.00.

Angel Studios Stock Up 7.8%

NYSE:ANGX opened at $4.71 on Tuesday. The stock’s 50-day simple moving average is $3.77 and its 200 day simple moving average is $3.38. The firm has a market capitalization of $879.64 million, a PE ratio of -5.06 and a beta of -0.02. Angel Studios, Inc. has a twelve month low of $2.05 and a twelve month high of $20.39.

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

Analysts Set New Price Targets

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

Institutional Investors Weigh In On Angel Studios

A number of institutional investors have recently added to or reduced their stakes in ANGX. Cetera Investment Advisers increased its position in Angel Studios by 124.0% in the 1st quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock valued at $77,000 after acquiring an additional 13,915 shares during the period. Renaissance Technologies LLC bought a new stake in shares of Angel Studios in the first quarter worth $273,000. Lazard Asset Management LLC bought a new stake in shares of Angel Studios in the first quarter worth $174,000. EverSource Wealth Advisors LLC increased its holdings in Angel Studios by 77.0% in the first quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company’s stock valued at $27,000 after purchasing an additional 3,793 shares during the period. Finally, Hardin Capital Partners LLC increased its holdings 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 during the period. 38.57% of the stock is owned by institutional investors.

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.