Angel Studios (NYSE:ANGX) Trading Up 6.9% – Time to Buy?

Angel Studios, Inc. (NYSE:ANGX) traded up 6.9% during mid-day trading on Monday . The company traded as high as $4.36 and last traded at $4.3940. Approximately 722,170 shares traded hands during trading, a decline of 38% from the average session volume of 1,159,424 shares. The stock had previously closed at $4.11.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Weiss Ratings reissued a “sell (e+)” rating on shares of Angel Studios in a report on Wednesday, June 24th. Wall Street Zen upgraded Angel Studios from a “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. Finally, B. Riley Financial reaffirmed a “buy” rating and issued a $8.00 target price (up from $7.00) on shares of Angel Studios in a research report on Tuesday, June 30th. One equities 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 assigned a Sell rating to the company. According to data from MarketBeat, Angel Studios has an average rating of “Moderate Buy” and an average price target of $8.50.

Angel Studios Price Performance

The business’s 50-day moving average price is $3.23 and its two-hundred day moving average price is $3.40. The company has a market capitalization of $811.82 million, a price-to-earnings ratio of -5.81 and a beta of -0.01.

Angel Studios (NYSE:ANGX) last issued its quarterly earnings results on Thursday, April 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.03. The company had revenue of $115.11 million for the quarter. As a group, research analysts predict that Angel Studios, Inc. will post -0.4 EPS for the current year.

Insider Buying and Selling at Angel Studios

In related news, Director Steven I. Sarowitz bought 321,544 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was purchased at an average cost of $3.06 per share, for a total transaction of $983,924.64. Following the transaction, the director owned 326,840 shares in the company, valued at $1,000,130.40. The trade was a 6,071.45% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 30.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Cetera Investment Advisers grew its stake in Angel Studios by 124.0% during the first quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock worth $77,000 after buying an additional 13,915 shares in the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Angel Studios during the 1st quarter worth approximately $273,000. EverSource Wealth Advisors LLC increased its stake in Angel Studios by 77.0% in the first quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company’s stock valued at $27,000 after acquiring an additional 3,793 shares during the last quarter. Lazard Asset Management LLC acquired a new position in Angel Studios during the first quarter valued at approximately $174,000. Finally, Whitcomb & Hess Inc. bought a new stake in Angel Studios during the second quarter worth $49,000. Institutional investors own 38.57% of the company’s stock.

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.