Key Points
- Angel Studios director Steven Sarowitz purchased 107,662 shares at an average price of $4.12, investing $443,567.44 and increasing his holdings by 18.7% to 683,303 shares.
- Angel Studios reported a quarterly loss of $0.13 per share, beating estimates by $0.02, while revenue reached $111.71 million. Analysts expect a full-year loss of approximately $0.37 per share.
- Analyst sentiment is mixed but leans positive, with a consensus “Moderate Buy” rating and an $8.50 price target compared with the stock’s recent opening price of $4.36; institutional investors own 38.57% of the company.
Angel Studios, Inc. (NYSE:ANGX - Get Free Report) Director Steven Sarowitz bought 107,662 shares of the company's stock in a transaction on Thursday, August 13th. The stock was bought at an average cost of $4.12 per share, with a total value of $443,567.44. Following the completion of the acquisition, the director owned 683,303 shares of the company's stock, valued at $2,815,208.36. This represents a 18.70% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Angel Studios Price Performance
Shares of NYSE:ANGX opened at $4.36 on Friday. The business's 50 day simple moving average is $3.73 and its 200-day simple moving average is $3.38. The firm has a market capitalization of $813.34 million, a price-to-earnings ratio of -4.68 and a beta of -0.02. Angel Studios, Inc. has a 12 month low of $2.05 and a 12 month high of $20.39.
Angel Studios (NYSE:ANGX - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.02. The firm had revenue of $111.71 million for the quarter. On average, equities analysts anticipate that Angel Studios, Inc. will post -0.37 earnings per share for the current year.
Wall Street Analysts Forecast Growth
ANGX has been the subject of a number of recent research reports. B. Riley Financial reiterated a "buy" rating and issued a $8.00 target price (up from $7.00) on shares of Angel Studios in a research note on Tuesday, June 30th. Weiss Ratings restated a "sell (e+)" rating on shares of Angel Studios in a research report on Wednesday, June 24th. Finally, Wall Street Zen raised shares of Angel Studios from a "sell" rating to a "hold" rating in a report on Saturday, August 8th. 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 issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $8.50.
Get Our Latest Report on ANGX
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC increased its stake in shares of Angel Studios by 77.0% during the first quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company's stock valued at $27,000 after acquiring an additional 3,793 shares during the period. OneAscent Financial Services LLC acquired a new stake in Angel Studios in the second quarter worth approximately $41,000. Whitcomb & Hess Inc. acquired a new stake in Angel Studios in the second quarter worth approximately $49,000. Cetera Investment Advisers boosted its stake in Angel Studios by 124.0% during the 1st quarter. Cetera Investment Advisers now owns 25,135 shares of the company's stock valued at $77,000 after purchasing an additional 13,915 shares in the last quarter. Finally, Hardin Capital Partners LLC boosted its stake in Angel Studios by 19.8% during the 2nd quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company's stock valued at $111,000 after purchasing an additional 5,000 shares in the last quarter. 38.57% of the stock is currently owned by institutional investors.
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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