Angel Studios (NYSE:ANGX) Director Steven Sarowitz Purchases 132,639 Shares

Posted by Francis Steltz on Sep 12th, 2026

Angel Studios, Inc. (NYSE:ANGX – Get Free Report) Director Steven Sarowitz purchased 132,639 shares of the firm’s stock in a transaction that occurred on Wednesday, September 9th. The stock was bought at an average price of $4.95 per share, for a total transaction of $656,563.05. Following the transaction, the director directly owned 884,843 shares of the company’s stock, valued at $4,379,972.85. This trade represents a 17.63% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

Angel Studios Stock Up 1.2%

ANGX stock opened at $5.45 on Friday. Angel Studios, Inc. has a 52 week low of $2.05 and a 52 week high of $18.90. The business has a 50-day simple moving average of $4.31 and a 200 day simple moving average of $3.53. The company has a market cap of $1.02 billion, a PE ratio of -5.86 and a beta of -0.02.

Angel Studios (NYSE:ANGX – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.02. The firm had revenue of $111.71 million for the quarter. On average, analysts anticipate that Angel Studios, Inc. will post -0.37 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Wall Street Zen raised shares of Angel Studios from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. B. Riley Financial restated a “buy” rating and set a $8.00 target price (up from $7.00) on shares of Angel Studios in a research note on Tuesday, June 30th. 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, four have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Angel Studios has a consensus rating of “Moderate Buy” and a consensus price target of $8.50.

Get Our Latest Analysis on ANGX

Institutional Investors Weigh In On Angel Studios

Several hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC increased 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 worth $27,000 after purchasing an additional 3,793 shares in the last quarter. OneAscent Financial Services LLC bought a new position in Angel Studios in the second quarter valued at about $41,000. Whitcomb & Hess Inc. acquired a new stake in shares of Angel Studios during the second quarter valued at about $49,000. Cetera Investment Advisers boosted its stake in shares of Angel Studios by 124.0% during the first quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock valued at $77,000 after purchasing an additional 13,915 shares in the last quarter. Finally, AXQ Capital LP bought a new stake in shares of Angel Studios during the second quarter worth about $100,000. Institutional investors and hedge funds own 38.57% of the company’s stock.

About Angel Studios

(Get Free Report)

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.