Angel Studios (NYSE:ANGX) Shares Down 7.5% – Should You Sell?

Angel Studios, Inc. (NYSE:ANGX)’s share price dropped 7.5% on Monday . The stock traded as low as $3.11 and last traded at $3.10. Approximately 449,328 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 1,122,810 shares. The stock had previously closed at $3.35.

Analyst Upgrades and Downgrades

ANGX has been the subject of several research reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Angel Studios in a report on Friday, March 27th. Wall Street Zen upgraded shares of Angel Studios from a “strong sell” rating to a “sell” rating in a report on Saturday, May 2nd. B. Riley Financial initiated coverage on shares of Angel Studios in a report on Wednesday, February 25th. They issued a “buy” rating and a $7.00 target price for the company. Maxim Group initiated coverage on shares of Angel Studios in a report on Thursday, January 22nd. They issued a “buy” rating and a $9.00 target price for the company. Finally, Texas Capital raised shares of Angel Studios to a “strong-buy” rating in a research report on Tuesday, February 24th. One 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 given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $8.25.

Angel Studios Price Performance

The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.59 and a current ratio of 0.59. The business’s 50-day moving average is $3.13.

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

Insider Buying and Selling

In other Angel Studios news, Director Steven I. Sarowitz purchased 321,544 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was bought at an average price of $3.06 per share, with a total value of $983,924.64. Following the transaction, the director directly owned 326,840 shares of the company’s stock, valued at approximately $1,000,130.40. This represents a 6,071.45% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 30.10% of the stock is owned by corporate insiders.

About Angel Studios

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.