Shares of Angel Studios, Inc. (NYSE:ANGX – Get Free Report) have earned a consensus rating of “Moderate Buy” from the seven research firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $8.75.
A number of equities research analysts have recently weighed in on ANGX shares. Weiss Ratings upgraded Angel Studios from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, August 19th. Wall Street Zen raised shares of Angel Studios from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, B. Riley Financial lifted their target price on shares of Angel Studios from $8.00 to $9.00 and gave the stock a “buy” rating in a research note on Friday, September 18th.
Read Our Latest Analysis on Angel Studios
Angel Studios Trading Down 3.6%
Angel Studios (NYSE:ANGX – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported ($0.13) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.02. The business had revenue of $111.71 million during the quarter. On average, equities analysts forecast that Angel Studios will post -0.37 earnings per share for the current year.
Insiders Place Their Bets
In related news, insider Jeffrey Harmon acquired 178,700 shares of the company’s stock in a transaction dated 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 directly owned 205,024 shares of the company’s stock, valued at $836,497.92. This represents a 678.85% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven I. Sarowitz acquired 355,998 shares of the company’s stock in a transaction dated Thursday, September 10th. The shares were bought at an average cost of $5.28 per share, for a total transaction of $1,879,669.44. Following the completion of the acquisition, the director directly owned 1,240,841 shares of the company’s stock, valued at approximately $6,551,640.48. The trade was a 40.23% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders acquired 1,219,101 shares of company stock valued at $5,560,239. Corporate insiders own 30.10% of the company’s stock.
Hedge Funds Weigh In On Angel Studios
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AWM Investment Company Inc. purchased a new stake in Angel Studios during the 2nd quarter valued at about $1,682,000. Renaissance Technologies LLC purchased a new position in shares of Angel Studios in the first quarter worth about $273,000. Lazard Asset Management LLC purchased a new position in shares of Angel Studios in the first quarter worth about $174,000. CX Institutional purchased a new position in shares of Angel Studios in the third quarter worth about $172,000. Finally, Hardin Capital Partners LLC lifted its holdings in shares of Angel Studios by 19.8% during 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. Hedge funds and other 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.
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