Angel Studios (NYSE:ANGX) Shares Up 4% - Still a Buy?

Key Points

• ANGX rose 4% to about $4.47 in Thursday trading, while volume was 78% below its average.
• Analysts’ consensus rating is “Moderate Buy”, with an average price target of $8.20; B. Riley raised its target to $9 and maintained a Buy rating.
• Angel Studios reported a quarterly loss of $0.03 per share, narrower than the $0.07 loss analysts expected, on $159.02 million in revenue. Insiders bought a combined 686,586 shares over the last quarter.

Angel Studios, Inc. (NYSE:ANGX - Get Free Report) was up 4% on Thursday. The company traded as high as $4.49 and last traded at $4.4730. Approximately 298,538 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 1,356,281 shares. The stock had previously closed at $4.30.

Analysts Set New Price Targets

A number of brokerages have issued reports on ANGX. Wall Street Zen upgraded Angel Studios from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. B. Riley Financial boosted their price objective on Angel Studios from $8.00 to $9.00 and gave the company a "buy" rating in a research report on Friday, September 18th. Finally, Weiss Ratings raised Angel Studios from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Wednesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $8.20.

Angel Studios Stock Up 5.5%

The firm has a market cap of $846.94 million, a price-to-earnings ratio of -6.37 and a beta of 0.02. The company's 50-day moving average price is $4.22 and its 200-day moving average price is $3.66.

Angel Studios (NYSE:ANGX - Get Free Report) last released its quarterly earnings results on Tuesday, November 10th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.07) by $0.04. The company had revenue of $159.02 million for the quarter. Analysts predict that Angel Studios, Inc. will post -0.37 earnings per share for the current fiscal year.

Insider Activity at Angel Studios

In other news, insider Jeffrey Harmon bought 51,380 shares of the firm's stock in a transaction dated Friday, August 14th. The shares were acquired at an average price of $4.26 per share, for a total transaction of $218,878.80. Following the completion of the transaction, the insider directly owned 256,404 shares in the company, valued at $1,092,281.04. The trade was a 25.06% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Steven I. Sarowitz purchased 88,647 shares of the stock in a transaction dated 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 completion of the purchase, the director directly owned 1,329,488 shares of the company's stock, valued at approximately $7,086,171.04. The trade was a 7.14% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have acquired 686,586 shares of company stock valued at $3,474,348. 30.10% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ANGX. Sepio Capital LP boosted its stake in Angel Studios by 12.8% during the 3rd quarter. Sepio Capital LP now owns 1,082,396 shares of the company's stock worth $5,055,000 after purchasing an additional 122,911 shares during the last quarter. AWM Investment Company Inc. purchased a new stake in shares of Angel Studios during the second quarter worth $1,682,000. Landscape Capital Management L.L.C. acquired a new stake in shares of Angel Studios in the third quarter valued at about $461,000. Renaissance Technologies LLC acquired a new stake in shares of Angel Studios in the first quarter valued at about $273,000. Finally, State of Wyoming acquired a new stake in shares of Angel Studios in the third quarter valued at about $248,000. 38.57% of the stock is owned by institutional investors and hedge funds.

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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