Insider Buying: Angel Studios (NYSE:ANGX) Insider Buys $218,878.80 in Stock

Angel Studios, Inc. (NYSE:ANGX) insider Jeffrey Harmon bought 51,380 shares of the stock in a transaction on Friday, August 14th. The shares were acquired at an average price of $4.26 per share, with a total value of $218,878.80. Following the purchase, the insider owned 256,404 shares of the company’s stock, valued at $1,092,281.04. The trade was a 25.06% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Jeffrey Harmon also recently made the following trade(s):

• On Thursday, August 13th, Jeffrey Harmon bought 178,700 shares of Angel Studios stock. The stock was purchased at an average price of $4.08 per share, with a total value of $729,096.00.

Angel Studios Stock Performance

Shares of ANGX opened at $4.61 on Thursday. The stock’s fifty day moving average is $3.85 and its 200-day moving average is $3.39. The firm has a market capitalization of $860.03 million, a price-to-earnings ratio of -4.95 and a beta of -0.02. Angel Studios, Inc. has a one year low of $2.05 and a one year high of $20.39.

Angel Studios (NYSE:ANGX) last released its earnings results on Tuesday, August 4th. The company reported ($0.13) EPS for the quarter, beating the consensus estimate of ($0.15) by $0.02. The business had revenue of $111.71 million for the quarter. Analysts forecast that Angel Studios, Inc. will post -0.37 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently commented on ANGX. Wall Street Zen upgraded shares of Angel Studios from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. B. Riley Financial reissued a “buy” rating and issued a $8.00 target price (up from $7.00) on shares of Angel Studios in a report on Tuesday, June 30th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Angel Studios in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $8.50.

Institutional Trading of Angel Studios

Several hedge funds have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its holdings in shares of Angel Studios by 77.0% in 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 in the last quarter. OneAscent Financial Services LLC bought a new stake in Angel Studios during the second quarter worth $41,000. Whitcomb & Hess Inc. acquired a new stake in Angel Studios in the 2nd quarter valued at about $49,000. Cetera Investment Advisers lifted its position in shares of Angel Studios by 124.0% in the first quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock valued at $77,000 after buying an additional 13,915 shares during the last quarter. Finally, Hardin Capital Partners LLC boosted its position in Angel Studios by 19.8% during the second quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company’s stock worth $111,000 after purchasing an additional 5,000 shares during the period. 38.57% of the stock is currently owned by institutional investors and hedge funds.

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.