AWM Investment Company Inc. Buys New Shares in Angel Studios, Inc. $ANGX

Key Points

• AWM Investment Company acquired 458,379 Angel Studios shares worth approximately $1.68 million, giving it a 0.25% stake. Institutional investors collectively own 38.57% of the company.
• Company insiders have shown strong buying activity, purchasing 641,817 shares worth $2.55 million over the past quarter, including significant acquisitions by Jeffrey Harmon and Director Steven I. Sarowitz.
• ANGX recently traded at $4.61, while analysts maintain a “Moderate Buy” consensus with an average price target of $8.50. Angel Studios reported quarterly revenue of $111.71 million and a loss of $0.13 per share, narrowly outperforming estimates.

AWM Investment Company Inc. purchased a new position in shares of Angel Studios, Inc. (NYSE:ANGX - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 458,379 shares of the company's stock, valued at approximately $1,682,000. AWM Investment Company Inc. owned about 0.25% of Angel Studios as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its position in Angel Studios by 77.0% during the first 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 during the period. OneAscent Financial Services LLC acquired a new stake in Angel Studios during the second quarter worth about $41,000. Whitcomb & Hess Inc. purchased a new position in shares of Angel Studios in the 2nd quarter worth about $49,000. Cetera Investment Advisers raised its holdings in shares of 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 purchasing an additional 13,915 shares during the period. Finally, Hardin Capital Partners LLC raised 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 worth $111,000 after purchasing an additional 5,000 shares during the period. Hedge funds and other institutional investors own 38.57% of the company's stock.

Insider Buying and Selling

In related news, insider Jeffrey Harmon purchased 51,380 shares of the business's stock in a transaction that occurred on Friday, August 14th. The shares were acquired at an average price of $4.26 per share, with a total value of $218,878.80. Following the acquisition, the insider owned 256,404 shares in the company, valued at approximately $1,092,281.04. This trade represents a 25.06% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Steven I. Sarowitz acquired 57,922 shares of Angel Studios stock in a transaction that occurred on Friday, August 14th. The shares were bought at an average price of $4.26 per share, with a total value of $246,747.72. Following the transaction, the director directly owned 741,225 shares in the company, valued at approximately $3,157,618.50. This trade represents a 8.48% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 641,817 shares of company stock worth $2,551,518 over the last quarter. Insiders own 30.10% of the company's stock.

Angel Studios Price Performance

Shares of ANGX opened at $4.61 on Wednesday. The stock has a market capitalization of $860.78 million, a PE ratio of -4.96 and a beta of -0.02. The business's fifty day moving average price is $3.96 and its 200 day moving average price is $3.41. Angel Studios, Inc. has a 12-month low of $2.05 and a 12-month high of $20.39.

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

Analyst Upgrades and Downgrades

ANGX has been the subject of several recent research reports. Weiss Ratings raised shares of Angel Studios from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Wednesday, August 19th. B. Riley Financial restated 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. Finally, Wall Street Zen raised shares of Angel Studios from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Angel Studios has an average rating of "Moderate Buy" and an average price target of $8.50.

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.

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