Angel Studios (NYSE:ANGX – Get Free Report)‘s stock had its “buy (b)” rating reissued by investment analysts at Lake Street Capital in a research note issued to investors on Thursday.
Several other analysts have also issued reports on ANGX. B. Riley Financial upped their price objective on 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 Angel Studios from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, August 19th. Finally, Wall Street Zen raised Angel Studios from a “sell” rating to a “hold” rating in a report on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $8.75.
Check Out Our Latest Report on ANGX
Angel Studios Stock Down 9.8%
Shares of ANGX stock traded down $0.36 on Thursday, reaching $3.31. The stock had a trading volume of 1,782,840 shares, compared to its average volume of 1,330,452. Angel Studios has a 12 month low of $2.05 and a 12 month high of $6.75. The firm has a market capitalization of $618.55 million, a price-to-earnings ratio of -3.56 and a beta of 0.02. The firm’s 50-day moving average is $4.29 and its two-hundred day moving average is $3.68.
Angel Studios (NYSE:ANGX – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.02. The business had revenue of $111.71 million for the quarter. On average, sell-side analysts forecast that Angel Studios will post -0.37 earnings per share for the current fiscal year.
Insider Activity
In related news, insider Jeffrey Harmon bought 178,700 shares of Angel Studios stock in a transaction that occurred on Thursday, August 13th. The stock was acquired at an average price of $4.08 per share, with a total value of $729,096.00. Following the acquisition, the insider owned 205,024 shares of the company’s stock, valued at approximately $836,497.92. This represents a 678.85% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven I. Sarowitz purchased 355,998 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The stock was bought at an average price of $5.28 per share, for a total transaction of $1,879,669.44. Following the purchase, the director owned 1,240,841 shares in the company, valued at $6,551,640.48. The trade was a 40.23% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 1,219,101 shares of company stock worth $5,560,239 over the last three months. Insiders own 30.10% of the company’s stock.
Institutional Investors Weigh In On Angel Studios
Several hedge funds have recently bought and sold shares of the stock. AWM Investment Company Inc. acquired a new stake in Angel Studios during the second quarter worth approximately $1,682,000. Sepio Capital LP grew its position 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 valued at $5,055,000 after purchasing an additional 122,911 shares during the last quarter. Renaissance Technologies LLC acquired a new position in shares of Angel Studios in the first quarter valued at approximately $273,000. Lazard Asset Management LLC bought a new position in shares of Angel Studios during the first quarter worth approximately $174,000. Finally, State of Wyoming bought a new position in shares of Angel Studios during the third quarter worth approximately $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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