Angel Studios (NYSE:ANGX) Shares Up 7.9% - Time to Buy?

Key Points

• Angel Studios shares jumped 7.9% to $3.765 in Monday trading, although volume was 36% below the daily average. The stock remains below its 50-day moving average of $4.44 but slightly above its 200-day average of $3.68.
• Analyst sentiment is broadly positive, with an overall “Moderate Buy” rating and an average price target of $8.75; B. Riley recently raised its target to $9.00 and maintained a Buy rating.
• Insiders purchased 1.22 million shares worth approximately $5.56 million over the past three months, while institutional investors own 38.57% of the company. Angel Studios remains unprofitable, reporting a quarterly loss of $0.13 per share and an expected full-year loss of $0.37 per share.

Angel Studios, Inc. (NYSE:ANGX - Get Free Report)'s stock price rose 7.9% during trading on Monday. The company traded as high as $3.72 and last traded at $3.7650. Approximately 847,588 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 1,319,121 shares. The stock had previously closed at $3.49.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Angel Studios from a "sell" rating to a "hold" rating in a report on Saturday, August 8th. B. Riley Financial increased their price target on shares of Angel Studios from $8.00 to $9.00 and gave the company a "buy" rating in a 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 research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $8.75.

Angel Studios Price Performance

The company has a 50-day simple moving average of $4.44 and a 200-day simple moving average of $3.68. The firm has a market cap of $712.49 million, a PE ratio of -4.08 and a beta of -0.03.

Angel Studios (NYSE:ANGX - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported ($0.13) 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. As a group, equities research analysts predict that Angel Studios, Inc. will post -0.37 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Jeffrey Harmon acquired 51,380 shares of the firm's stock in a transaction that occurred on Friday, August 14th. The stock was bought at an average price of $4.26 per share, for a total transaction of $218,878.80. Following the acquisition, the insider directly owned 256,404 shares of the company's stock, valued at $1,092,281.04. This represents a 25.06% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Steven I. Sarowitz acquired 88,647 shares of the stock in a transaction on Friday, September 11th. The stock was bought at an average cost of $5.33 per share, with a total value of $472,488.51. Following the completion of the transaction, the director owned 1,329,488 shares in the company, valued at $7,086,171.04. This trade represents a 7.14% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought 1,219,101 shares of company stock valued at $5,560,239 over the last three months. Insiders own 30.10% of the company's stock.

Hedge Funds Weigh In On Angel Studios

Institutional investors have recently modified their holdings of the stock. Sepio Capital LP raised its position in Angel Studios by 12.8% during the 3rd quarter. Sepio Capital LP now owns 1,082,396 shares of the company's stock valued at $5,055,000 after purchasing an additional 122,911 shares in the last quarter. AWM Investment Company Inc. bought a new position in Angel Studios during the 2nd quarter worth about $1,682,000. Renaissance Technologies LLC purchased a new position in Angel Studios during the 1st quarter valued at about $273,000. Lazard Asset Management LLC purchased a new position in Angel Studios during the 1st quarter valued at about $174,000. Finally, CX Institutional bought a new stake in shares of Angel Studios in the 3rd quarter valued at about $172,000. 38.57% of the stock is owned by hedge funds and other institutional investors.

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.

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