Steven Sarowitz Acquires 321,544 Shares of Angel Studios (NYSE:ANGX) Stock

Key Points

• Director Steven Sarowitz bought 321,544 shares of Angel Studios (NYSE:ANGX) on May 5 at an average price of $3.06 per share for about $983,924.64, raising his direct holdings to 326,840 shares (a reported 6,071.45% increase).
• ANGX traded at $3.00 (down 1.5%) with a market cap of about $507.7M, a 12‑month range of $2.05–$20.39, a negative P/E (−3.99), and a consensus analyst rating of “Moderate Buy” with a $8.25 price target.

Angel Studios, Inc. (NYSE:ANGX - Get Free Report) Director Steven Sarowitz acquired 321,544 shares of the company's stock in a transaction on Tuesday, May 5th. The shares were acquired at an average price of $3.06 per share, for a total transaction of $983,924.64. Following the completion of the acquisition, the director directly owned 326,840 shares in the company, valued at $1,000,130.40. The trade was a 6,071.45% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Angel Studios Trading Down 1.5%

ANGX stock traded down $0.05 during midday trading on Thursday, hitting $3.00. 1,459,486 shares of the company's stock were exchanged, compared to its average volume of 1,117,466. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.12. Angel Studios, Inc. has a 12-month low of $2.05 and a 12-month high of $20.39. The business has a 50 day moving average of $3.20. The firm has a market capitalization of $507.68 million, a PE ratio of -3.99 and a beta of 0.04.

Angel Studios (NYSE:ANGX - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $999.00 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $999.11. On average, sell-side analysts forecast that Angel Studios, Inc. will post -0.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ANGX has been the topic of several analyst reports. Maxim Group initiated coverage on Angel Studios in a report on Thursday, January 22nd. They set a "buy" rating and a $9.00 price objective on the stock. Texas Capital upgraded Angel Studios to a "strong-buy" rating in a report on Tuesday, February 24th. B. Riley Financial started coverage on Angel Studios in a report on Wednesday, February 25th. They issued a "buy" rating and a $7.00 price target for the company. Weiss Ratings reiterated a "sell (e+)" rating on shares of Angel Studios in a report on Friday, March 27th. Finally, Wall Street Zen upgraded Angel Studios from a "strong sell" rating to a "sell" rating in a report on Saturday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $8.25.

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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