Insider Buying: Angel Studios (NYSE:ANGX) Director Buys $443,567.44 in Stock

Angel Studios, Inc. (NYSE:ANGX) Director Steven Sarowitz acquired 107,662 shares of the company’s stock in a transaction on Thursday, August 13th. The shares were purchased at an average cost of $4.12 per share, with a total value of $443,567.44. Following the completion of the acquisition, the director directly owned 683,303 shares in the company, valued at approximately $2,815,208.36. The trade was a 18.70% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Angel Studios Stock Performance

Angel Studios stock traded up $0.04 during trading hours on Friday, reaching $4.36. 1,649,818 shares of the company’s stock traded hands, compared to its average volume of 1,196,881. The firm has a market capitalization of $811.82 million, a price-to-earnings ratio of -4.68 and a beta of -0.02. Angel Studios, Inc. has a fifty-two week low of $2.05 and a fifty-two week high of $20.39. The firm’s 50 day moving average is $3.70 and its 200-day moving average is $3.37.

Angel Studios (NYSE:ANGX) last issued its quarterly 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 for the quarter. Analysts predict that Angel Studios, Inc. will post -0.37 EPS for the current year.

Analyst Ratings Changes

A number of research firms have commented on ANGX. Wall Street Zen raised shares of Angel Studios from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings reissued a “sell (e+)” rating on shares of Angel Studios in a research note on Wednesday, June 24th. 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 report on Tuesday, June 30th. 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $8.50.

Institutional Trading of Angel Studios

Hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted 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 acquiring an additional 3,793 shares during the last quarter. OneAscent Financial Services LLC acquired a new position in Angel Studios during the second quarter valued at approximately $41,000. Whitcomb & Hess Inc. bought a new stake in Angel Studios in the second quarter valued at approximately $49,000. Cetera Investment Advisers increased 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 valued at $77,000 after purchasing an additional 13,915 shares in the last quarter. Finally, Hardin Capital Partners LLC raised its holdings in Angel Studios by 19.8% in the second quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company’s stock worth $111,000 after purchasing an additional 5,000 shares during the period. 38.57% of the stock is currently owned by institutional investors and hedge funds.

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.