Angel Studios Sees Unusually Large Options Volume (NYSE:ANGX)

Posted by Geri Gentry on Nov 12th, 2026

Angel Studios, Inc. (NYSE:ANGX – Get Free Report) was the recipient of some unusual options trading activity on Wednesday. Investors purchased 2,590 call options on the stock. This is an increase of 49% compared to the average daily volume of 1,734 call options.

Key Headlines Impacting Angel Studios

Investors following ANGX have been watching these headlines:

Positive Sentiment: Q3 2026 revenue climbed 107.8% year over year to about $159 million, beating analyst expectations of $143.2 million. The per-share loss of $0.03 was also narrower than the $0.07 loss analysts expected. Angel Studios Reports Narrower Than Expected Q3 2026 Loss
Positive Sentiment: Management reiterated its 2026 adjusted EBITDA loss guidance of less than $25 million. Angel Guild membership reached 2.94 million, a sign of continued audience growth. Angel Studios reiterates 2026 adjusted EBITDA loss guidance
Negative Sentiment: Despite rapid sales growth, Angel Studios remained unprofitable: it reported a $10.3 million operating loss and $5.2 million net loss attributable to common shareholders. Quarter-end cash was $45.6 million against total liabilities of $305.9 million. Angel Studios stock and earnings report

Insider Transactions at Angel Studios

In other news, insider Jeffrey Harmon acquired 51,380 shares of the company’s stock in a transaction dated 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 acquisition, the insider owned 256,404 shares in the company, valued at approximately $1,092,281.04. This represents a 25.06% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Steven I. Sarowitz acquired 355,998 shares of the company’s stock in a transaction dated Thursday, September 10th. The shares were purchased at an average cost of $5.28 per share, with a total value of $1,879,669.44. Following the acquisition, the director owned 1,240,841 shares of the company’s stock, valued at approximately $6,551,640.48. This represents a 40.23% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders acquired 686,586 shares of company stock worth $3,474,348. Company insiders own 30.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of ANGX. EverSource Wealth Advisors LLC increased its stake in shares of Angel Studios by 77.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company’s stock valued at $27,000 after buying an additional 3,793 shares during the period. Hardin Capital Partners LLC raised its position in shares of Angel Studios by 19.8% during the second quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company’s stock worth $111,000 after acquiring an additional 5,000 shares during the last quarter. WealthPlan Investment Management LLC acquired a new position in shares of Angel Studios during the third quarter valued at $47,000. OneAscent Financial Services LLC acquired a new position in shares of Angel Studios during the second quarter valued at $41,000. Finally, Whitcomb & Hess Inc. bought a new position in Angel Studios in the second quarter valued at about $49,000. Institutional investors own 38.57% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Weiss Ratings upgraded Angel Studios from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 19th. Wall Street Zen upgraded Angel Studios from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, B. Riley Financial boosted their price objective on Angel Studios from $8.00 to $9.00 and gave the stock a “buy” rating in a research note on Friday, September 18th. One research 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $8.20.

View Our Latest Stock Analysis on Angel Studios

Angel Studios Price Performance

Shares of NYSE:ANGX opened at $4.29 on Thursday. Angel Studios has a 12 month low of $2.05 and a 12 month high of $6.75. The company’s 50-day moving average price is $4.22 and its two-hundred day moving average price is $3.66.

Angel Studios (NYSE:ANGX – Get Free Report) last announced its earnings results on Tuesday, November 10th. The company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.04. The company had revenue of $159.02 million during the quarter. On average, sell-side analysts expect that Angel Studios will post -0.37 EPS for the current fiscal year.

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.