Angel Studios (NYSE:ANGX) Director Acquires $472,488.51 in Stock

Key Points

• Insider buying: Director Steven Sarowitz purchased 88,647 Angel Studios shares at an average price of $5.33, investing $472,488.51 and increasing his ownership by 7.14% to 1.33 million shares.
• Stock and earnings: ANGX recently traded at $5.45, near its 12-month range of $2.05 to $18.90. The company reported a quarterly loss of $0.13 per share, beating estimates, on revenue of $111.71 million.
• Analyst outlook: Analysts have a consensus “Moderate Buy” rating and an average price target of $8.50, while institutional investors and hedge funds own 38.57% of the company.

Angel Studios, Inc. (NYSE:ANGX - Get Free Report) Director Steven Sarowitz bought 88,647 shares of the business's stock in a transaction on Friday, September 11th. The stock was purchased at an average cost of $5.33 per share, for a total transaction of $472,488.51. Following the transaction, the director owned 1,329,488 shares of the company's stock, valued at $7,086,171.04. This trade represents a 7.14% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Angel Studios Stock Down 0.1%

NYSE:ANGX traded down $0.01 during trading hours on Monday, reaching $5.45. 2,338,500 shares of the stock were exchanged, compared to its average volume of 1,240,692. Angel Studios, Inc. has a twelve month low of $2.05 and a twelve month high of $18.90. The business has a 50-day moving average of $4.31 and a two-hundred day moving average of $3.53. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of -5.85 and a beta of -0.02.

Angel Studios (NYSE:ANGX - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported ($0.13) earnings per share for the quarter, beating analysts' consensus estimates of ($0.15) by $0.02. The firm had revenue of $111.71 million during the quarter. On average, research analysts forecast that Angel Studios, Inc. will post -0.37 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the stock. Wall Street Zen upgraded shares of Angel Studios from a "sell" rating to a "hold" rating in a research note on Saturday, August 8th. Weiss Ratings upgraded shares of Angel Studios from a "sell (e+)" rating to a "sell (d-)" rating in a report on Wednesday, August 19th. Finally, 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 research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Angel Studios has an average rating of "Moderate Buy" and a consensus price target of $8.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. AXQ Capital LP purchased a new stake in shares of Angel Studios in the 2nd quarter valued at approximately $100,000. AWM Investment Company Inc. purchased a new stake in shares of Angel Studios during the 2nd quarter worth $1,682,000. OneAscent Financial Services LLC acquired a new position in shares of Angel Studios during the second quarter worth $41,000. Whitcomb & Hess Inc. acquired a new position in shares of Angel Studios during the second quarter worth $49,000. Finally, Hardin Capital Partners LLC increased its holdings in Angel Studios by 19.8% in the second quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company's stock valued at $111,000 after buying an additional 5,000 shares during the last quarter. Institutional investors and hedge funds own 38.57% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.