Angel Studios (NYSE:ANGX) Stock Price Up 4% – Here’s Why

Shares of Angel Studios, Inc. (NYSE:ANGX) rose 4% during trading on Thursday. The company traded as high as $4.49 and last traded at $4.4730. 298,538 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 1,356,281 shares. The stock had previously closed at $4.30.

Wall Street Analysts Forecast Growth

ANGX has been the topic of a number of research reports. B. Riley Financial raised their target price on shares of Angel Studios from $8.00 to $9.00 and gave the stock a “buy” rating in a research note on Friday, September 18th. Wall Street Zen upgraded Angel Studios from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings raised Angel Studios from a “sell (e+)” rating to a “sell (d-)” rating in a report on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Angel Studios has an average rating of “Moderate Buy” and an average price target of $8.20.

Angel Studios Stock Performance

The firm’s 50 day moving average price is $4.22 and its two-hundred day moving average price is $3.66. The firm has a market cap of $846.94 million, a PE ratio of -6.37 and a beta of 0.02.

Angel Studios (NYSE:ANGX) last released its quarterly earnings results on Tuesday, November 10th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.07) by $0.04. The firm had revenue of $159.02 million for the quarter. On average, analysts forecast that Angel Studios, Inc. will post -0.37 earnings per share for the current year.

Insider Buying and Selling at Angel Studios

In other Angel Studios news, insider Jeffrey Harmon bought 51,380 shares of the business’s stock in a transaction on Friday, August 14th. The stock was bought at an average price of $4.26 per share, with a total value of $218,878.80. Following the completion of the purchase, the insider directly owned 256,404 shares in the company, valued at $1,092,281.04. The trade was a 25.06% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Steven Sarowitz bought 88,647 shares of Angel Studios stock in a transaction on Friday, September 11th. The stock was acquired at an average price of $5.33 per share, for a total transaction of $472,488.51. Following the transaction, the director directly owned 1,329,488 shares of the company’s stock, valued at approximately $7,086,171.04. This trade represents a 7.14% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders have acquired 686,586 shares of company stock valued at $3,474,348. 30.10% of the stock is owned by insiders.

Institutional Trading of Angel Studios

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Sepio Capital LP raised its holdings in Angel Studios by 12.8% in the 3rd quarter. Sepio Capital LP now owns 1,082,396 shares of the company’s stock valued at $5,055,000 after buying an additional 122,911 shares during the period. AWM Investment Company Inc. acquired a new position in Angel Studios in the second quarter valued at about $1,682,000. Landscape Capital Management L.L.C. purchased a new position in Angel Studios during the third quarter worth about $461,000. Renaissance Technologies LLC purchased a new position in Angel Studios during the first quarter worth about $273,000. Finally, Lazard Asset Management LLC purchased a new position in Angel Studios during the first quarter worth about $174,000. 38.57% of the stock is owned by institutional investors and hedge funds.

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.