Angel Studios (NYSE:ANGX) Director Steven Sarowitz Purchases 107,662 Shares

Angel Studios, Inc. (NYSE:ANGX) Director Steven Sarowitz acquired 107,662 shares of the firm’s stock in a transaction dated Thursday, August 13th. The stock was purchased at an average cost of $4.12 per share, with a total value of $443,567.44. Following the completion of the acquisition, the director directly owned 683,303 shares of the company’s stock, valued at approximately $2,815,208.36. This trade represents a 18.70% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Angel Studios Price Performance

Shares of Angel Studios stock opened at $4.36 on Friday. The firm’s fifty day simple moving average is $3.73 and its 200-day simple moving average is $3.38. The stock has a market capitalization of $813.34 million, a price-to-earnings ratio of -4.68 and a beta of -0.02. Angel Studios, Inc. has a 12 month low of $2.05 and a 12 month high of $20.39.

Angel Studios (NYSE:ANGX) last issued its quarterly earnings results 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 for the quarter. Analysts anticipate that Angel Studios, Inc. will post -0.37 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its holdings in Angel Studios by 77.0% in the 1st 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 in the last quarter. Hardin Capital Partners LLC lifted its holdings 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 buying an additional 5,000 shares during the period. OneAscent Financial Services LLC purchased a new stake in shares of Angel Studios in the second quarter valued at approximately $41,000. Whitcomb & Hess Inc. acquired a new position in Angel Studios during the second quarter worth $49,000. Finally, Cetera Investment Advisers grew its stake in shares of Angel Studios by 124.0% during the 1st quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock worth $77,000 after purchasing an additional 13,915 shares during the period. 38.57% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ANGX has been the topic of several recent research reports. Weiss Ratings restated a “sell (e+)” rating on shares of Angel Studios in a research report on Wednesday, June 24th. Wall Street Zen raised Angel Studios from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. Finally, B. Riley Financial restated a “buy” rating and set a $8.00 price target (up from $7.00) on shares of Angel Studios in a research note on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $8.50.

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.