Angel Studios (NYSE:ANGX) Director Steven Sarowitz Purchases 321,544 Shares

Key Points

  • Director Steven Sarowitz purchased 321,544 shares on May 5 at an average price of $3.06 (total ~ $983,925), bringing his direct holdings to 326,840 shares — a reported 6,071.45% increase in his position.
  • ANGX opened at $3.00 with a 50‑day SMA of $3.19, a market cap of ~$507.7M and a negative P/E of -3.99, trading near its 52‑week low ($2.05) and well below its 52‑week high ($20.39).
  • Analysts are mixed but show an average "Moderate Buy" rating with a mean price target of $8.25; the company also reported an anomalous $999.00 EPS for the quarter that beat estimates, while sell‑side forecasts expect -0.42 EPS for the fiscal year.

Angel Studios, Inc. (NYSE:ANGX - Get Free Report) Director Steven Sarowitz purchased 321,544 shares of the company's stock in a transaction dated Tuesday, May 5th. The shares were acquired at an average cost of $3.06 per share, with a total value of $983,924.64. Following the purchase, the director directly owned 326,840 shares of the company's stock, valued at approximately $1,000,130.40. The trade was a 6,071.45% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Angel Studios Stock Performance

ANGX stock opened at $3.00 on Friday. The company's fifty day simple moving average is $3.19. The company has a market capitalization of $507.68 million, a P/E ratio of -3.99 and a beta of 0.04. Angel Studios, Inc. has a 52-week low of $2.05 and a 52-week high of $20.39. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.59 and a quick ratio of 0.59.

Angel Studios (NYSE:ANGX - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The company reported $999.00 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $999.11. As a group, sell-side analysts forecast that Angel Studios, Inc. will post -0.42 earnings per share for the current fiscal year.

Analysts Set New Price Targets




Several equities analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Angel Studios in a research note on Friday, March 27th. Maxim Group started coverage on shares of Angel Studios in a research note on Thursday, January 22nd. They set a "buy" rating and a $9.00 price target for the company. B. Riley Financial started coverage on shares of Angel Studios in a research note on Wednesday, February 25th. They set a "buy" rating and a $7.00 target price for the company. Texas Capital raised shares of Angel Studios to a "strong-buy" rating in a research note on Tuesday, February 24th. Finally, Wall Street Zen raised shares of Angel Studios from a "strong sell" rating to a "sell" rating in a research note on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $8.25.

Check Out Our Latest Stock Analysis on Angel Studios

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.

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