Angel Studios (NYSE:ANGX) Stock Price Up 7.9% – What’s Next?

Shares of Angel Studios, Inc. (NYSE:ANGX) were up 7.9% during mid-day trading on Monday. The stock traded as high as $3.72 and last traded at $3.7650. 847,588 shares traded hands during trading, a decline of 36% from the average daily volume of 1,319,121 shares. The stock had previously closed at $3.49.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Wall Street Zen raised shares of Angel Studios from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Weiss Ratings raised Angel Studios from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 19th. Finally, B. Riley Financial lifted their price target on Angel Studios from $8.00 to $9.00 and gave the company a “buy” rating in a report on Friday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $8.75.

Angel Studios Stock Performance

The stock has a market cap of $712.49 million, a P/E ratio of -4.08 and a beta of -0.03. The firm’s 50 day moving average is $4.44 and its 200 day moving average is $3.68.

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

Insider Buying and Selling at Angel Studios

In other Angel Studios news, insider Jeffrey Harmon acquired 51,380 shares of the stock in a transaction dated Friday, August 14th. The stock was purchased at an average price of $4.26 per share, with a total value of $218,878.80. Following the transaction, the insider directly owned 256,404 shares of the company’s stock, valued at $1,092,281.04. This trade represents a 25.06% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Steven I. Sarowitz bought 88,647 shares of Angel Studios stock in a transaction that occurred on Friday, September 11th. The shares were acquired at an average cost of $5.33 per share, for a total transaction of $472,488.51. Following the completion of the transaction, the director directly owned 1,329,488 shares in the company, valued at $7,086,171.04. This represents a 7.14% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have bought 1,219,101 shares of company stock valued at $5,560,239. Company insiders own 30.10% of the company’s stock.

Institutional Investors Weigh In On Angel Studios

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AWM Investment Company Inc. purchased a new position in shares of Angel Studios in the second quarter worth $1,682,000. Renaissance Technologies LLC purchased a new stake in shares of Angel Studios during the first quarter valued at $273,000. Lazard Asset Management LLC purchased a new stake in shares of Angel Studios during the first quarter valued at $174,000. OneAscent Financial Services LLC purchased a new stake in shares of Angel Studios during the second quarter valued at $41,000. Finally, Hardin Capital Partners LLC increased its position in shares of Angel Studios by 19.8% in the 2nd 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. 38.57% of the stock is currently owned by hedge funds and other institutional investors.

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.