Angel Studios (NYSE:ANGX) Trading Down 7.2% – Should You Sell?

Posted by George Bondi on Aug 13th, 2026

Angel Studios, Inc. (NYSE:ANGX – Get Free Report) shares fell 7.2% during mid-day trading on Tuesday . The stock traded as low as $3.99 and last traded at $3.9150. 729,374 shares traded hands during trading, a decline of 38% from the average daily volume of 1,168,459 shares. The stock had previously closed at $4.22.

Analyst Upgrades and Downgrades

ANGX has been the topic of a number of analyst reports. B. Riley Financial reaffirmed a “buy” rating and issued a $8.00 price objective (up from $7.00) on shares of Angel Studios in a report on Tuesday, June 30th. Wall Street Zen raised shares of Angel Studios from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Angel Studios in a research report on Wednesday, June 24th. One 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Angel Studios currently has an average rating of “Moderate Buy” and a consensus target price of $8.50.

Read Our Latest Analysis on Angel Studios

Angel Studios Trading Up 5.8%

The firm has a 50-day moving average of $3.68 and a 200 day moving average of $3.37. The stock has a market capitalization of $726.07 million, a price-to-earnings ratio of -4.15 and a beta of -0.02.

Angel Studios (NYSE:ANGX – Get Free Report) last announced its quarterly earnings results 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 business had revenue of $111.71 million for the quarter. Equities research analysts predict that Angel Studios, Inc. will post -0.37 EPS for the current fiscal year.

Institutional Investors Weigh In On Angel Studios

Institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC bought a new position in Angel Studios in the 1st quarter valued at about $273,000. Lazard Asset Management LLC bought a new stake in shares of Angel Studios during the 1st quarter worth about $174,000. Hardin Capital Partners LLC raised its position in shares of Angel Studios by 19.8% during the 2nd quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company’s stock worth $111,000 after buying an additional 5,000 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of Angel Studios by 124.0% in the 1st quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock worth $77,000 after acquiring an additional 13,915 shares during the period. Finally, Whitcomb & Hess Inc. acquired a new stake in shares of Angel Studios in the 2nd quarter worth approximately $49,000. Institutional investors and hedge funds own 38.57% of the company’s stock.

Angel Studios Company Profile

(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.