Angel Studios (NYSE:ANGX) Director Steven Sarowitz Buys 355,998 Shares

Angel Studios, Inc. (NYSE:ANGX) Director Steven Sarowitz acquired 355,998 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The shares were bought at an average cost of $5.28 per share, for a total transaction of $1,879,669.44. Following the transaction, the director owned 1,240,841 shares of the company’s stock, valued at $6,551,640.48. This represents a 40.23% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Angel Studios Stock Performance

ANGX traded up $0.07 on Friday, hitting $5.45. The company had a trading volume of 2,324,667 shares, compared to its average volume of 1,234,175. 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 stock has a fifty day moving average price of $4.28 and a 200-day moving average price of $3.52. Angel Studios, Inc. has a 12-month low of $2.05 and a 12-month high of $18.90.

Angel Studios (NYSE:ANGX) last released its quarterly earnings results on Tuesday, August 4th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.15) by $0.02. The firm had revenue of $111.71 million for the quarter. Analysts forecast that Angel Studios, Inc. will post -0.37 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC raised its holdings in shares of Angel Studios by 77.0% in the first quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company’s stock worth $27,000 after buying an additional 3,793 shares during the last quarter. OneAscent Financial Services LLC acquired a new position in shares of Angel Studios in the 2nd quarter valued at $41,000. Whitcomb & Hess Inc. acquired a new position in shares of Angel Studios in the 2nd quarter valued at $49,000. Cetera Investment Advisers raised its stake in Angel Studios by 124.0% in the 1st quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock worth $77,000 after acquiring an additional 13,915 shares during the last quarter. Finally, AXQ Capital LP purchased a new position in Angel Studios in the 2nd quarter worth $100,000. Hedge funds and other institutional investors own 38.57% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Wall Street Zen raised shares of Angel Studios from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. 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 report on Tuesday, June 30th. Finally, Weiss Ratings raised Angel Studios from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 19th. One 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus 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.