Angel Studios (NYSE:ANGX) Trading Up 8.6% - Time to Buy?

Key Points

• Angel Studios shares rose 8.6% to about $4.98, though trading volume was 76% below the average daily level. The stock remains below the analyst consensus price target of $8.50.
• Analyst sentiment is mixed but leans positive, with a current consensus rating of “Moderate Buy”. B. Riley reiterated a Buy rating and raised its price target to $8.00.
• The company reported quarterly EPS of a $0.13 loss, better than the expected $0.15 loss, on $111.71 million in revenue. Insiders bought 641,817 shares worth roughly $2.55 million over the past three months, while institutional investors own 38.57% of the stock.

Angel Studios, Inc. (NYSE:ANGX - Get Free Report) shares shot up 8.6% during mid-day trading on Tuesday . The company traded as high as $4.71 and last traded at $4.9750. Approximately 288,884 shares traded hands during trading, a decline of 76% from the average daily volume of 1,202,479 shares. The stock had previously closed at $4.58.

Analyst Upgrades and Downgrades

Several research 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 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 reiterated a "buy" rating and issued a $8.00 price objective (up from $7.00) on shares of Angel Studios in a report on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, four have assigned 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 currently has an average rating of "Moderate Buy" and an average price target of $8.50.

Angel Studios Trading Up 8.0%

The company has a market capitalization of $923.53 million, a price-to-earnings ratio of -5.31 and a beta of -0.02. The stock has a 50-day simple moving average of $4.19 and a 200-day simple moving average of $3.48.

Angel Studios (NYSE:ANGX - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.15) by $0.02. The company 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 year.

Insider Activity

In other news, Director Steven I. Sarowitz acquired 57,922 shares of Angel Studios stock in a transaction that occurred on Friday, August 14th. The shares were purchased at an average cost of $4.26 per share, for a total transaction of $246,747.72. Following the completion of the purchase, the director directly owned 741,225 shares of the company's stock, valued at $3,157,618.50. This trade represents a 8.48% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Jeffrey Harmon acquired 51,380 shares of the firm's stock in a transaction on Friday, August 14th. The stock was acquired at an average cost of $4.26 per share, with a total value of $218,878.80. Following the acquisition, the insider owned 256,404 shares of the company's stock, valued at $1,092,281.04. This trade represents a 25.06% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders purchased 641,817 shares of company stock valued at $2,551,518. 30.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ANGX. AXQ Capital LP acquired a new position in shares of Angel Studios in the 2nd quarter valued at about $100,000. AWM Investment Company Inc. acquired a new stake in Angel Studios during the second quarter worth about $1,682,000. OneAscent Financial Services LLC acquired a new stake in Angel Studios during the second quarter worth about $41,000. Whitcomb & Hess Inc. bought a new position in Angel Studios in the second quarter worth about $49,000. Finally, Hardin Capital Partners LLC lifted 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 worth $111,000 after acquiring an additional 5,000 shares during the last quarter. 38.57% of the stock is currently owned by 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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