Angel Studios (NYSE:ANGX) Stock Price Up 7.2% – What’s Next?

Angel Studios, Inc. (NYSE:ANGX) traded up 7.2% during trading on Thursday . The stock traded as high as $3.89 and last traded at $3.9450. Approximately 278,035 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 1,174,685 shares. The stock had previously closed at $3.68.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ANGX. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Angel Studios in a research report on Wednesday, June 24th. Wall Street Zen raised shares of Angel Studios from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Finally, B. Riley Financial restated a “buy” rating and set a $8.00 target price (up from $7.00) on shares of Angel Studios in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $8.50.

Angel Studios Stock Performance

The company has a market cap of $813.34 million, a P/E ratio of -4.68 and a beta of -0.02. The firm’s fifty day moving average is $3.73 and its two-hundred day moving average is $3.38.

Angel Studios (NYSE:ANGX) 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 business had revenue of $111.71 million during the quarter. On average, equities research analysts expect that Angel Studios, Inc. will post -0.37 EPS for the current year.

Insider Buying and Selling at Angel Studios

In other Angel Studios news, Director Steven I. Sarowitz acquired 246,153 shares of the company’s stock in a transaction dated Wednesday, August 12th. The stock was purchased at an average price of $3.71 per share, with a total value of $913,227.63. Following the completion of the purchase, the director directly owned 575,641 shares in the company, valued at approximately $2,135,628.11. The trade was a 74.71% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 30.10% of the stock is currently owned by company insiders.

Institutional Trading of Angel Studios

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. AWM Investment Company Inc. bought a new position in Angel Studios in the 2nd quarter worth approximately $1,682,000. OneAscent Financial Services LLC bought a new stake in shares of Angel Studios during the second quarter valued at approximately $41,000. Whitcomb & Hess Inc. bought a new stake in shares of Angel Studios during the second quarter valued at approximately $49,000. Hardin Capital Partners LLC lifted its holdings in shares of 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 buying an additional 5,000 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Angel Studios by 77.0% in the first 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 in the last quarter. 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.