Angel Studios (NYSE:ANGX) Director Steven Sarowitz Buys 132,639 Shares

Angel Studios, Inc. (NYSE:ANGX) Director Steven Sarowitz bought 132,639 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The stock was bought at an average price of $4.95 per share, for a total transaction of $656,563.05. Following the completion of the acquisition, the director directly owned 884,843 shares in the company, valued at approximately $4,379,972.85. The trade was a 17.63% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Angel Studios Stock Up 1.2%

Shares of NYSE ANGX traded up $0.07 during mid-day trading on Friday, hitting $5.45. 2,324,667 shares of the company traded hands, compared to its average volume of 1,234,175. Angel Studios, Inc. has a 1 year low of $2.05 and a 1 year high of $18.90. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of -5.86 and a beta of -0.02. The business has a 50 day moving average of $4.28 and a two-hundred day moving average of $3.52.

Angel Studios (NYSE:ANGX) last issued its quarterly earnings results on Tuesday, August 4th. The company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.02. The company had revenue of $111.71 million during the quarter. As a group, research analysts anticipate that Angel Studios, Inc. will post -0.37 EPS for the current year.

Analysts Set New Price Targets

ANGX has been the topic of a number of recent analyst reports. Weiss Ratings upgraded shares of Angel Studios from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 19th. Wall Street Zen raised shares of Angel Studios from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, B. Riley Financial reiterated a “buy” rating and set a $8.00 price objective (up from $7.00) on shares of Angel Studios in a research report on Tuesday, June 30th. One investment 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $8.50.

Institutional Investors Weigh In On Angel Studios

A number of institutional investors have recently bought and sold shares of ANGX. EverSource Wealth Advisors LLC grew its stake in Angel Studios by 77.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company’s stock valued at $27,000 after acquiring an additional 3,793 shares in the last quarter. OneAscent Financial Services LLC acquired a new stake in shares of Angel Studios during the second quarter worth approximately $41,000. Whitcomb & Hess Inc. purchased a new position in Angel Studios during the second quarter valued at approximately $49,000. Cetera Investment Advisers grew its position in Angel Studios by 124.0% during the first quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock valued at $77,000 after purchasing an additional 13,915 shares in the last quarter. Finally, AXQ Capital LP purchased a new position in Angel Studios during the second quarter valued at approximately $100,000. 38.57% of the stock is currently owned by institutional investors and hedge funds.

About Angel Studios

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.