Key Points
- Director Steven Sarowitz bought 88,647 Angel Studios shares at an average price of $5.33, investing approximately $472,489 and increasing his position by 7.14% to 1.33 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; analysts project a full-year loss of $0.37 per share.
- The stock has a “Moderate Buy” consensus rating with an average price target of $8.50, compared with a recent price of $5.45. Institutional investors and hedge funds own 38.57% of the company.
Angel Studios, Inc. (NYSE:ANGX - Get Free Report) Director Steven Sarowitz purchased 88,647 shares of the firm's stock in a transaction on Friday, September 11th. The stock was bought at an average cost of $5.33 per share, with a total value of $472,488.51. Following the acquisition, the director owned 1,329,488 shares of the company's stock, valued at approximately $7,086,171.04. The trade was a 7.14% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Angel Studios Price Performance
Shares of ANGX opened at $5.45 on Tuesday. The firm has a market capitalization of $1.02 billion, a PE ratio of -5.85 and a beta of -0.02. Angel Studios, Inc. has a 1-year low of $2.05 and a 1-year high of $18.90. The company's fifty day moving average price is $4.35 and its 200-day moving average price is $3.55.
Angel Studios (NYSE:ANGX - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.02. The firm had revenue of $111.71 million during the quarter. As a group, research analysts anticipate that Angel Studios, Inc. will post -0.37 EPS for the current fiscal year.
Analyst Ratings Changes
Several brokerages have recently issued reports on ANGX. B. Riley Financial restated a "buy" rating and issued a $8.00 price objective (up from $7.00) on shares of Angel Studios in a research note on Tuesday, June 30th. Weiss Ratings upgraded Angel Studios from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Wednesday, August 19th. Finally, Wall Street Zen upgraded shares of Angel Studios from a "sell" rating to a "hold" rating in a report on Saturday, August 8th. One equities research 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 assigned a Sell rating to the company. According to MarketBeat, Angel Studios has a consensus rating of "Moderate Buy" and an average price target of $8.50.
Get Our Latest Stock Report on ANGX
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. AWM Investment Company Inc. purchased a new stake in Angel Studios in the second quarter valued at $1,682,000. Renaissance Technologies LLC acquired a new stake in Angel Studios during the 1st quarter worth about $273,000. Lazard Asset Management LLC purchased a new position in shares of Angel Studios during the 1st quarter valued at about $174,000. Hardin Capital Partners LLC raised its stake 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 valued at $111,000 after buying an additional 5,000 shares during the last quarter. Finally, AXQ Capital LP acquired a new position in shares of Angel Studios in the 2nd quarter valued at about $100,000. 38.57% of the stock is currently owned by institutional investors and hedge funds.
Angel Studios Company Profile
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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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