Angel Studios (NYSE:ANGX) Stock Price Down 7.2% – Should You Sell?

Angel Studios, Inc. (NYSE:ANGX)’s stock price fell 7.2% on Tuesday . The company traded as low as $3.99 and last traded at $3.9150. Approximately 729,374 shares changed hands during mid-day trading, a decline of 38% from the average session volume of 1,168,459 shares. The stock had previously closed at $4.22.

Analyst Ratings Changes

Several brokerages have recently commented on ANGX. B. Riley Financial reaffirmed a “buy” rating and set a $8.00 price target (up from $7.00) on shares of Angel Studios in a research report on Tuesday, June 30th. Weiss Ratings restated a “sell (e+)” rating on shares of Angel Studios in a research report on Wednesday, June 24th. Finally, Wall Street Zen upgraded Angel Studios from a “sell” rating to a “hold” rating in a research report on Saturday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $8.50.

Angel Studios Stock Performance

The business’s 50 day simple moving average is $3.64 and its 200-day simple moving average is $3.38. The company has a market cap of $718.61 million, a price-to-earnings ratio of -4.16 and a beta of -0.02.

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

Hedge Funds Weigh In On Angel Studios

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC increased its holdings in Angel Studios by 77.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company’s stock valued at $27,000 after buying an additional 3,793 shares during the period. Whitcomb & Hess Inc. bought a new position in shares of Angel Studios in the second quarter valued at approximately $49,000. Cetera Investment Advisers boosted its stake in 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 purchasing an additional 13,915 shares in the last quarter. Hardin Capital Partners LLC lifted its position in Angel Studios by 19.8% during the 2nd 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, Lazard Asset Management LLC acquired a new position in shares of Angel Studios during the first quarter worth approximately $174,000. 38.57% of the stock is currently owned by institutional investors.

About Angel Studios

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.