Angel Studios, Inc. (NYSE:ANGX – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $8.75.
Several equities research analysts have recently commented on ANGX shares. B. Riley Financial upped their price target on shares of Angel Studios from $8.00 to $9.00 and gave the company a “buy” rating in a research report on Friday, September 18th. Weiss Ratings upgraded shares of Angel Studios from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 19th. Finally, Wall Street Zen upgraded Angel Studios from a “sell” rating to a “hold” rating in a report on Saturday, August 8th.
Check Out Our Latest Research Report on ANGX
Angel Studios Price Performance
Angel Studios (NYSE:ANGX – Get Free Report) last issued its quarterly 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 company had revenue of $111.71 million for the quarter. On average, equities analysts anticipate that Angel Studios will post -0.37 EPS for the current year.
Insider Activity
In other news, Director Steven I. Sarowitz bought 88,647 shares of the business’s stock in a transaction dated Friday, September 11th. The stock was purchased at an average cost of $5.33 per share, with a total value of $472,488.51. Following the acquisition, the director directly owned 1,329,488 shares in the company, valued at $7,086,171.04. This trade represents a 7.14% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jeffrey Harmon acquired 51,380 shares of the business’s stock in a transaction on Friday, August 14th. The stock was acquired at an average price of $4.26 per share, with a total value of $218,878.80. Following the acquisition, the insider owned 256,404 shares in the company, valued at $1,092,281.04. The trade was a 25.06% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders have acquired 1,219,101 shares of company stock worth $5,560,239. Company insiders own 30.10% of the company’s stock.
Institutional Investors Weigh In On Angel Studios
A number of institutional investors and hedge funds have recently added to or reduced their stakes in ANGX. EverSource Wealth Advisors LLC lifted its stake in Angel Studios by 77.0% during the first quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company’s stock worth $27,000 after purchasing an additional 3,793 shares in the last quarter. Hardin Capital Partners LLC increased its stake in Angel Studios by 19.8% in the second quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company’s stock valued at $111,000 after purchasing an additional 5,000 shares during the period. WealthPlan Investment Management LLC acquired a new stake in shares of Angel Studios in the 3rd quarter worth $47,000. OneAscent Financial Services LLC acquired a new position in Angel Studios during the second quarter worth $41,000. Finally, Whitcomb & Hess Inc. purchased a new position in Angel Studios in the 2nd quarter valued at approximately $49,000. Hedge funds and other institutional investors 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.
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