Angel Studios (NYSE:ANGX) Trading 7.7% Higher – Should You Buy?

Angel Studios, Inc. (NYSE:ANGX)’s share price rose 7.7% on Friday . The company traded as high as $3.15 and last traded at $3.1550. Approximately 332,146 shares traded hands during trading, a decline of 70% from the average session volume of 1,123,383 shares. The stock had previously closed at $2.93.

Wall Street Analyst Weigh In

ANGX has been the subject of a number of recent research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Angel Studios in a report on Wednesday. Wall Street Zen upgraded Angel Studios from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd. One 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 issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $8.25.

Angel Studios Price Performance

The stock has a market cap of $583.65 million, a price-to-earnings ratio of -4.18 and a beta of 0.05. The stock has a fifty day simple moving average of $2.82 and a 200-day simple moving average of $3.55. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 1.12.

Angel Studios (NYSE:ANGX) last issued its quarterly earnings results on Thursday, April 30th. The company reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.03. The business had revenue of $115.11 million for the quarter. As a group, equities research analysts expect that Angel Studios, Inc. will post -0.42 EPS for the current year.

Insider Buying and Selling

In related news, Director Steven I. Sarowitz bought 321,544 shares of the business’s stock in a transaction that occurred on 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 purchase, the director directly owned 326,840 shares in the company, valued at $1,000,130.40. This trade represents a 6,071.45% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 30.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ANGX. Renaissance Technologies LLC bought a new position in Angel Studios during the first quarter valued at about $273,000. Cetera Investment Advisers increased its position 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 purchasing an additional 13,915 shares during the period. EverSource Wealth Advisors LLC increased its position in shares of Angel Studios by 77.0% during the first quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company’s stock valued at $27,000 after purchasing an additional 3,793 shares during the period. Finally, Lazard Asset Management LLC acquired a new position in shares of Angel Studios in the first quarter valued at $174,000. Institutional investors and hedge funds own 38.57% of the company’s stock.

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.