Angel Studios (NYSE:ANGX) Director Steven Sarowitz Purchases 57,922 Shares of Stock

Angel Studios, Inc. (NYSE:ANGX) Director Steven Sarowitz bought 57,922 shares of the 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 $246,747.72. Following the completion of the purchase, the director directly owned 741,225 shares in the company, valued at approximately $3,157,618.50. The trade was a 8.48% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Angel Studios Trading Up 7.8%

NYSE:ANGX opened at $4.71 on Tuesday. Angel Studios, Inc. has a 12-month low of $2.05 and a 12-month high of $20.39. The stock’s 50 day simple moving average is $3.77 and its 200-day simple moving average is $3.38. The firm has a market cap of $879.64 million, a P/E ratio of -5.06 and a beta of -0.02.

Angel Studios (NYSE:ANGX) last issued its quarterly earnings results on Tuesday, August 4th. The company reported ($0.13) earnings per share for the quarter, topping the consensus estimate of ($0.15) by $0.02. The company had revenue of $111.71 million for the quarter. Research analysts forecast that Angel Studios, Inc. will post -0.37 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ANGX has been the topic of several analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Angel Studios in a report on Wednesday, June 24th. Wall Street Zen upgraded shares of Angel Studios from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, B. Riley Financial reaffirmed 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 research 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. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $8.50.

Institutional Investors Weigh In On Angel Studios

Hedge funds and other institutional investors have recently bought and sold shares of the business. AWM Investment Company Inc. purchased a new stake in shares of Angel Studios during the 2nd quarter worth $1,682,000. OneAscent Financial Services LLC purchased a new position in shares of Angel Studios in the 2nd quarter valued at about $41,000. Whitcomb & Hess Inc. acquired a new stake in shares of Angel Studios in the second quarter valued at about $49,000. Hardin Capital Partners LLC lifted its stake 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 valued at $111,000 after purchasing an additional 5,000 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its holdings in Angel Studios by 77.0% during 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 and hedge funds 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.