Key Points
- Director Steven Sarowitz bought 355,998 Angel Studios shares at an average price of $5.28, investing approximately $1.88 million and increasing his stake by 40.23% to 1.24 million shares.
- Angel Studios reported quarterly revenue of $111.71 million and an adjusted loss of $0.13 per share, beating analysts’ expected loss of $0.15 per share.
- Analysts maintain a consensus “Moderate Buy” rating with an average price target of $8.50, versus the stock’s recent price of $5.45; institutional investors own 38.57% of the company.
Angel Studios, Inc. (NYSE:ANGX - Get Free Report) Director Steven Sarowitz bought 132,639 shares of Angel Studios stock in a transaction on Wednesday, September 9th. The shares were acquired at an average cost of $4.95 per share, for a total transaction of $656,563.05. Following the completion of the acquisition, the director directly owned 884,843 shares in the company, valued at approximately $4,379,972.85. The trade was a 17.63% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Angel Studios Stock Performance
ANGX stock opened at $5.45 on Friday. The company has a fifty day moving average price of $4.31 and a 200-day moving average price of $3.53. The company has a market capitalization of $1.02 billion, a P/E ratio of -5.86 and a beta of -0.02. Angel Studios, Inc. has a 52-week low of $2.05 and a 52-week high of $18.90.
Angel Studios (NYSE:ANGX - Get Free Report) last issued 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. As a group, sell-side analysts forecast that Angel Studios, Inc. will post -0.37 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Angel Studios
Several large investors have recently modified their holdings of ANGX. Cetera Investment Advisers raised its stake in Angel Studios by 124.0% during the first quarter. Cetera Investment Advisers now owns 25,135 shares of the company's stock worth $77,000 after buying an additional 13,915 shares during the last quarter. Renaissance Technologies LLC bought a new stake in Angel Studios during the first quarter valued at $273,000. Lazard Asset Management LLC bought a new stake in Angel Studios during the first quarter valued at $174,000. EverSource Wealth Advisors LLC grew its holdings in Angel Studios by 77.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company's stock worth $27,000 after acquiring an additional 3,793 shares during the period. Finally, Hardin Capital Partners LLC grew its holdings in 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 acquiring an additional 5,000 shares during the period. 38.57% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the company. B. Riley Financial reiterated a "buy" rating and issued a $8.00 price target (up from $7.00) on shares of Angel Studios in a research report on Tuesday, June 30th. Wall Street Zen upgraded Angel Studios from a "sell" rating to a "hold" rating in a research report on Saturday, August 8th. Finally, Weiss Ratings raised Angel Studios from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $8.50.
View Our Latest Stock Report on ANGX
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
