Angel Studios (NYSE:ANGX) Insider Acquires $729,096.00 in Stock

Angel Studios, Inc. (NYSE:ANGX) insider Jeffrey Harmon acquired 178,700 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were purchased at an average cost of $4.08 per share, with a total value of $729,096.00. Following the completion of the acquisition, the insider owned 205,024 shares in the company, valued at $836,497.92. This trade represents a 678.85% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Jeffrey Harmon also recently made the following trade(s):

• On Friday, August 14th, Jeffrey Harmon bought 51,380 shares of Angel Studios stock. The stock was purchased at an average price of $4.26 per share, for a total transaction of $218,878.80.

Angel Studios Trading Up 7.8%

ANGX traded up $0.34 during trading on Monday, hitting $4.71. The stock had a trading volume of 2,614,310 shares, compared to its average volume of 1,206,415. The firm has a market cap of $879.64 million, a PE ratio of -5.06 and a beta of -0.02. Angel Studios, Inc. has a 12 month low of $2.05 and a 12 month high of $20.39. The company has a 50 day simple moving average of $3.73 and a 200-day simple moving average of $3.38.

Angel Studios (NYSE:ANGX) last released its quarterly earnings results on Tuesday, August 4th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.02. The firm had revenue of $111.71 million for the quarter. As a group, sell-side analysts anticipate that Angel Studios, Inc. will post -0.37 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ANGX has been the subject of several recent analyst reports. B. Riley Financial restated a “buy” rating and set a $8.00 target price (up from $7.00) on shares of Angel Studios in a research note on Tuesday, June 30th. Wall Street Zen raised Angel Studios from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Angel Studios in a report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $8.50.

Institutional Trading of Angel Studios

Several hedge funds and other institutional investors have recently bought and sold shares of ANGX. AWM Investment Company Inc. bought a new position in shares of Angel Studios during the 2nd quarter worth about $1,682,000. Renaissance Technologies LLC acquired a new stake in Angel Studios during the first quarter worth about $273,000. Lazard Asset Management LLC acquired a new stake in Angel Studios during the first quarter worth about $174,000. Hardin Capital Partners LLC increased its stake in Angel Studios by 19.8% during the second quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company’s stock valued at $111,000 after acquiring an additional 5,000 shares during the period. Finally, Cetera Investment Advisers raised its holdings in Angel Studios by 124.0% in the 1st quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock valued at $77,000 after acquiring an additional 13,915 shares in the last quarter. 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.