Shares of Angel Studios, Inc. (NYSE:ANGX - Get Free Report) passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $3.67 and traded as high as $3.73. Angel Studios shares last traded at $3.6950, with a volume of 2,331,803 shares changing hands.
Wall Street Analyst Weigh In
ANGX has been the subject of a number of analyst reports. Weiss Ratings raised shares of Angel Studios from a "sell (e+)" rating to a "sell (d-)" rating in a report on Wednesday, August 19th. B. Riley Financial upped their target price on shares of Angel Studios from $8.00 to $9.00 and gave the company a "buy" rating in a research note on Friday, September 18th. Finally, Wall Street Zen raised shares of Angel Studios from a "sell" rating to a "hold" rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $8.20.
Read Our Latest Stock Analysis on ANGX
Angel Studios Stock Up 9.0%
The company has a market cap of $690.08 million, a price-to-earnings ratio of -3.97 and a beta of 0.02. The company's fifty day moving average price is $4.23 and its two-hundred day moving average price is $3.67.
Insider Activity at Angel Studios
In other Angel Studios news, Director Steven I. Sarowitz bought 355,998 shares of the stock in a transaction dated Thursday, September 10th. The stock was bought at an average cost of $5.28 per share, for a total transaction of $1,879,669.44. Following the completion of the purchase, the director owned 1,240,841 shares in the company, valued at $6,551,640.48. This represents a 40.23% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jeffrey Harmon bought 178,700 shares of the company's stock in a transaction on Thursday, August 13th. The stock was bought at an average cost of $4.08 per share, with a total value of $729,096.00. Following the completion of the purchase, the insider owned 205,024 shares of the company's stock, valued at approximately $836,497.92. The trade was a 678.85% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 1,219,101 shares of company stock worth $5,560,239 over the last three months. 30.10% of the stock is owned by company insiders.
Institutional Trading of Angel Studios
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC grew its position in shares of Angel Studios by 77.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company's stock worth $27,000 after buying an additional 3,793 shares during the period. Hardin Capital Partners LLC lifted its holdings in shares of Angel Studios by 19.8% during the 2nd quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company's stock valued at $111,000 after purchasing an additional 5,000 shares in the last quarter. WealthPlan Investment Management LLC bought a new position in Angel Studios in the third quarter valued at approximately $47,000. OneAscent Financial Services LLC acquired a new position in Angel Studios in the 2nd quarter worth $41,000. Finally, Whitcomb & Hess Inc. bought a new position in shares of Angel Studios during the second quarter worth about $49,000. 38.57% of the stock is currently owned by institutional investors and hedge funds.
About Angel Studios
(
Get Free Report)
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.
See Also
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