Angel Studios (NYSE:ANGX) Trading Down 6.4% - Here's Why

Key Points

• Angel Studios shares fell 6.4% to about $4.78 in midday trading, with volume down 89% from the average session. The company has a market capitalization of roughly $896 million and remains unprofitable, with a quarterly loss of $0.13 per share despite beating estimates.
• Analyst sentiment is generally positive: Angel Studios has a “Moderate Buy” consensus rating and an average price target of $8.75, including B. Riley’s increased $9.00 target and Buy rating.
• Insiders have shown strong buying activity, purchasing 1.22 million shares worth approximately $5.56 million over the last quarter. Institutional investors own 38.57% of the company, while insiders hold 30.10%.

Angel Studios, Inc. (NYSE:ANGX - Get Free Report)'s stock price traded down 6.4% during mid-day trading on Wednesday . The company traded as low as $4.83 and last traded at $4.7750. Approximately 145,311 shares were traded during mid-day trading, a decline of 89% from the average session volume of 1,294,221 shares. The stock had previously closed at $5.10.

Analyst Ratings Changes

ANGX has been the topic of a number of research analyst reports. Weiss Ratings upgraded shares of Angel Studios from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Wednesday, August 19th. Wall Street Zen raised shares of Angel Studios from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. Finally, 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 report on Friday. 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $8.75.

Angel Studios Stock Down 6.0%

The firm's 50 day simple moving average is $4.50 and its two-hundred day simple moving average is $3.59. The stock has a market cap of $895.51 million, a P/E ratio of -5.17 and a beta of -0.02.

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

Insider Activity

In related news, Director Steven Sarowitz purchased 88,647 shares of the company's stock in a transaction dated Friday, September 11th. The shares were acquired 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 acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey Harmon bought 51,380 shares of the business's stock in a transaction 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 completion of the purchase, the insider directly owned 256,404 shares of the company's stock, valued at $1,092,281.04. The trade was a 25.06% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have purchased 1,219,101 shares of company stock worth $5,560,239. 30.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Angel Studios

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ANGX. EverSource Wealth Advisors LLC raised its holdings in 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. OneAscent Financial Services LLC acquired a new position in shares of Angel Studios in the second quarter worth about $41,000. Whitcomb & Hess Inc. purchased a new position in shares of Angel Studios in the second quarter worth approximately $49,000. Cetera Investment Advisers increased its position in shares of Angel Studios by 124.0% in the first quarter. Cetera Investment Advisers now owns 25,135 shares of the company's stock worth $77,000 after acquiring an additional 13,915 shares in the last quarter. Finally, AXQ Capital LP acquired a new stake in shares of Angel Studios during the second quarter valued at approximately $100,000. Institutional investors own 38.57% of the company's stock.

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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