Angel Studios (NYSE:ANGX) Shares Up 8.3% – Time to Buy?

Angel Studios, Inc. (NYSE:ANGX) shot up 8.3% on Monday . The company traded as high as $4.32 and last traded at $4.3850. 458,704 shares were traded during trading, a decline of 61% from the average session volume of 1,162,673 shares. The stock had previously closed at $4.05.

Analysts Set New Price Targets

Several analysts recently commented on ANGX shares. Wall Street Zen raised Angel Studios from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd. 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 reissued a “sell (e+)” rating on shares of Angel Studios in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Angel Studios currently has an average rating of “Moderate Buy” and an average target price of $8.50.

Angel Studios Stock Down 6.1%

The company has a market capitalization of $765.21 million, a price-to-earnings ratio of -5.47 and a beta of -0.01. The stock’s fifty day moving average price is $3.38 and its 200-day moving average price is $3.39.

Angel Studios (NYSE:ANGX) last announced its quarterly earnings data on Thursday, April 30th. The company reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.03. The business had revenue of $115.11 million during the quarter. Analysts anticipate that Angel Studios, Inc. will post -0.4 EPS for the current year.

Insider Buying and Selling

In other Angel Studios news, Director Steven I. Sarowitz acquired 321,544 shares of Angel Studios stock in a transaction dated Tuesday, May 5th. The stock was bought at an average cost of $3.06 per share, for a total transaction of $983,924.64. Following the purchase, the director directly owned 326,840 shares in the company, valued at approximately $1,000,130.40. This represents a 6,071.45% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. 30.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC acquired a new position in shares of Angel Studios during the 1st quarter worth approximately $273,000. Lazard Asset Management LLC acquired a new stake in Angel Studios during the 1st quarter valued at $174,000. Hardin Capital Partners LLC lifted its holdings in Angel Studios by 19.8% during the 2nd 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 last quarter. Cetera Investment Advisers boosted 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 worth $77,000 after purchasing an additional 13,915 shares during the period. Finally, Whitcomb & Hess Inc. bought a new position in Angel Studios during the second quarter worth $49,000. 38.57% of the stock is currently owned by institutional investors.

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.