Angel Studios (NYSE:ANGX) Trading 5.4% Higher – Should You Buy?

Shares of Angel Studios, Inc. (NYSE:ANGX) traded up 5.4% on Tuesday . The stock traded as high as $3.72 and last traded at $3.72. 299,206 shares were traded during trading, a decline of 74% from the average session volume of 1,140,791 shares. The stock had previously closed at $3.53.

Analysts Set New Price Targets

A number of research analysts have issued reports on ANGX shares. Weiss Ratings reiterated 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 “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. Finally, B. Riley Financial restated a “buy” rating and issued a $8.00 price target (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 given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Angel Studios has a consensus rating of “Moderate Buy” and an average target price of $8.50.

Angel Studios Trading Up 6.0%

The firm has a market capitalization of $724.95 million, a P/E ratio of -5.19 and a beta of -0.01. The company has a 50-day moving average of $3.01 and a 200-day moving average of $3.45.

Angel Studios (NYSE:ANGX) last released its quarterly earnings results on Thursday, April 30th. The company reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.03. The company had revenue of $115.11 million during the quarter. Research analysts predict that Angel Studios, Inc. will post -0.41 EPS for the current year.

Insider Activity at Angel Studios

In related news, Director Steven I. Sarowitz bought 321,544 shares of Angel Studios stock in a transaction that occurred on Tuesday, May 5th. The shares were acquired at an average cost of $3.06 per share, for a total transaction of $983,924.64. Following the completion of the acquisition, the director directly owned 326,840 shares of the company’s stock, valued at approximately $1,000,130.40. The trade was a 6,071.45% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 30.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Angel Studios

A number of hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC raised its stake in 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 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 $49,000. Cetera Investment Advisers grew its holdings in shares of Angel Studios by 124.0% during the first quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock valued at $77,000 after buying an additional 13,915 shares during the last quarter. 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 valued at $111,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Lazard Asset Management LLC bought a new position in shares of Angel Studios in the first quarter valued at approximately $174,000. 38.57% of the stock is currently owned by institutional investors.

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.