Angel Studios (NYSE:ANGX – Get Free Report)‘s stock had its “buy (b)” rating reissued by stock analysts at Lake Street Capital in a note issued to investors on Saturday, November 15th.
A number of other research firms have also recently issued reports on ANGX. Zacks Research upgraded shares of Angel Studios to a “hold” rating in a research note on Wednesday, December 17th. B. Riley Financial lifted their target price on shares of Angel Studios from $8.00 to $9.00 and gave the company a “buy” rating in a research note on Friday, September 18th. Weiss Ratings upgraded shares of Angel Studios from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, August 19th. Oppenheimer assumed coverage on shares of Angel Studios in a research note on Thursday, December 18th. They issued an “outperform” rating and a $8.00 target price for the company. Finally, Wall Street Zen upgraded shares of Angel Studios from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Angel Studios currently has an average rating of “Moderate Buy” and a consensus price target of $8.75.
Read Our Latest Report on ANGX
Angel Studios Trading Down 9.8%
NYSE ANGX traded down $0.36 during trading on Friday, reaching $3.31. The company’s stock had a trading volume of 1,783,040 shares, compared to its average volume of 1,330,452. The stock has a market capitalization of $618.55 million, a PE ratio of -3.56 and a beta of 0.02. The business has a 50-day moving average price of $4.29 and a 200-day moving average price of $3.68. Angel Studios has a 1-year low of $2.05 and a 1-year high of $6.75.
Angel Studios (NYSE:ANGX – Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.02. The business had revenue of $111.71 million during the quarter. As a group, analysts expect that Angel Studios will post -0.37 earnings per share for the current year.
Insiders Place Their Bets
In other news, insider Jeffrey Harmon acquired 51,380 shares of Angel Studios stock in a transaction dated Friday, August 14th. The stock was acquired at an average cost of $4.26 per share, for a total transaction of $218,878.80. Following the completion of the purchase, the insider owned 256,404 shares of the company’s stock, valued at $1,092,281.04. This represents a 25.06% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Steven Sarowitz acquired 88,647 shares of Angel Studios stock in a transaction dated Friday, September 11th. The stock was purchased at an average price of $5.33 per share, with a total value of $472,488.51. Following the completion of the purchase, the director directly owned 1,329,488 shares of the company’s stock, valued at $7,086,171.04. The trade was a 7.14% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 1,219,101 shares of company stock valued at $5,560,239 over the last 90 days. 30.10% of the stock is owned by corporate insiders.
Institutional Trading of Angel Studios
A number of institutional investors and hedge funds have recently modified their holdings of ANGX. AWM Investment Company Inc. acquired a new stake in shares of Angel Studios in the second quarter worth $1,682,000. Sepio Capital LP lifted its stake in shares of Angel Studios by 12.8% in the third quarter. Sepio Capital LP now owns 1,082,396 shares of the company’s stock worth $5,055,000 after buying an additional 122,911 shares during the last quarter. Renaissance Technologies LLC acquired a new position in Angel Studios during the 1st quarter valued at $273,000. Lazard Asset Management LLC acquired a new position in Angel Studios during the 1st quarter valued at $174,000. Finally, State of Wyoming acquired a new position in Angel Studios during the 3rd quarter valued at $248,000. 38.57% of the stock is currently 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.
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