Angel Studios (NYSE:ANGX) Trading 11.2% Higher – Still a Buy?

Angel Studios, Inc. (NYSE:ANGX)’s stock price traded up 11.2% on Monday . The stock traded as high as $3.20 and last traded at $3.2250. 482,892 shares traded hands during trading, a decline of 57% from the average session volume of 1,116,329 shares. The stock had previously closed at $2.90.

Analyst Ratings Changes

ANGX has been the subject of a number of analyst reports. Texas Capital upgraded shares of Angel Studios to a “strong-buy” rating in a research note on Tuesday, February 24th. Wall Street Zen upgraded shares of Angel Studios from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd. Weiss Ratings reiterated a “sell (e+)” rating on shares of Angel Studios in a research note on Friday, March 27th. Finally, B. Riley Financial initiated coverage on shares of Angel Studios in a research note on Wednesday, February 25th. They issued a “buy” rating and a $7.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $8.25.

Angel Studios Price Performance

The stock has a market cap of $589.99 million, a price-to-earnings ratio of -4.22 and a beta of 0.05. The stock has a fifty day simple moving average of $2.74 and a 200-day simple moving average of $3.65. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.12.

Angel Studios (NYSE:ANGX) last released its earnings results on Thursday, April 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.03. The business had revenue of $115.11 million during the quarter. As a group, equities research analysts expect that Angel Studios, Inc. will post -0.42 EPS for the current year.

Insider Transactions at Angel Studios

In related news, Director Steven I. Sarowitz bought 321,544 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The shares were acquired at an average price of $3.06 per share, with a total value of $983,924.64. Following the completion of the transaction, the director owned 326,840 shares of the company’s stock, valued at $1,000,130.40. The trade was a 6,071.45% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 30.10% of the company’s stock.

Institutional Trading of Angel Studios

Institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its holdings in shares of Angel Studios by 77.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company’s stock worth $27,000 after purchasing an additional 3,793 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of Angel Studios by 124.0% during the 1st 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. Lazard Asset Management LLC acquired a new stake in shares of Angel Studios during the 1st quarter worth approximately $174,000. Finally, Renaissance Technologies LLC acquired a new stake in shares of Angel Studios during the 1st quarter worth approximately $273,000. 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.