Angel Studios (NYSE:ANGX) Director Buys $246,747.72 in Stock

Angel Studios, Inc. (NYSE:ANGX) Director Steven Sarowitz purchased 57,922 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was purchased at an average price of $4.26 per share, for a total transaction of $246,747.72. Following the acquisition, the director owned 741,225 shares of the company’s stock, valued at $3,157,618.50. The trade was a 8.48% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Angel Studios Stock Down 5.1%

Shares of ANGX stock opened at $4.61 on Thursday. The firm has a market cap of $860.03 million, a price-to-earnings ratio of -4.95 and a beta of -0.02. Angel Studios, Inc. has a 12 month low of $2.05 and a 12 month high of $20.39. The stock has a 50-day moving average price of $3.85 and a 200 day moving average price of $3.39.

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 for the quarter. Sell-side analysts predict that Angel Studios, Inc. will post -0.37 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Angel Studios

Several large investors have recently bought and sold shares of the company. AWM Investment Company Inc. acquired a new stake in Angel Studios during the 2nd quarter worth $1,682,000. Renaissance Technologies LLC acquired a new position in Angel Studios during the 1st quarter worth approximately $273,000. Lazard Asset Management LLC acquired a new position in Angel Studios during the first quarter worth $174,000. Hardin Capital Partners LLC grew its holdings in shares of Angel Studios by 19.8% in the 2nd quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company’s stock valued at $111,000 after acquiring an additional 5,000 shares in the last quarter. Finally, Cetera Investment Advisers grew its stake in Angel Studios by 124.0% in 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. Institutional investors own 38.57% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. 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 report on Tuesday, June 30th. Wall Street Zen upgraded Angel Studios from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Angel Studios in a research note on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company 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.