Angel Studios (NYSE:ANGX) Trading Down 7.5% – Here’s Why

Angel Studios, Inc. (NYSE:ANGX) dropped 7.5% during trading on Monday . The company traded as low as $3.11 and last traded at $3.10. Approximately 449,328 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 1,122,810 shares. The stock had previously closed at $3.35.

Analyst Ratings Changes

A number of research firms have issued reports on ANGX. Wall Street Zen raised shares of Angel Studios from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 2nd. Maxim Group started coverage on shares of Angel Studios in a report on Thursday, January 22nd. They issued a “buy” rating and a $9.00 price objective on the stock. Texas Capital upgraded shares of Angel Studios to a “strong-buy” rating in a research note on Tuesday, February 24th. B. Riley Financial started coverage on shares of Angel Studios in a report on Wednesday, February 25th. They set a “buy” rating and a $7.00 target price for the company. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Angel Studios in a research report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Angel Studios presently has a consensus rating of “Moderate Buy” and an average price target of $8.25.

Angel Studios Stock Down 9.6%

The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.59 and a current ratio of 0.59. The stock has a 50-day moving average of $3.19. The firm has a market cap of $564.45 million, a P/E ratio of -4.04 and a beta of 0.04.

Angel Studios (NYSE:ANGX) last posted its quarterly earnings data on Thursday, April 30th. The company reported $999.00 EPS for the quarter, beating analysts’ consensus estimates of ($0.11) by $999.11. On average, research analysts forecast that Angel Studios, Inc. will post -0.42 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Steven I. Sarowitz purchased 321,544 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was bought at an average price of $3.06 per share, with a total value of $983,924.64. Following the acquisition, the director owned 326,840 shares in the company, valued at $1,000,130.40. The trade was a 6,071.45% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 30.10% 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.