Angel Studios (NYSE:ANGX) Trading 7.7% Higher – What’s Next?

Angel Studios, Inc. (NYSE:ANGX) shares were up 7.7% on Friday . The stock traded as high as $3.15 and last traded at $3.1550. Approximately 332,146 shares were traded during trading, a decline of 70% from the average session volume of 1,123,383 shares. The stock had previously closed at $2.93.

Analyst Ratings Changes

A number of analysts have recently commented on ANGX shares. Wall Street Zen raised shares of Angel Studios from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 2nd. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Angel Studios in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Angel Studios currently has a consensus rating of “Moderate Buy” and a consensus target price of $8.25.

Angel Studios Stock Up 8.4%

The firm has a fifty day moving average of $2.83 and a 200-day moving average of $3.55. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.12. The firm has a market cap of $591.85 million, a P/E ratio of -4.23 and a beta of 0.05.

Angel Studios (NYSE:ANGX) last posted its quarterly earnings results on Thursday, April 30th. The company reported ($0.08) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.03. The company had revenue of $115.11 million during the quarter. On average, equities research analysts anticipate that Angel Studios, Inc. will post -0.42 earnings per share for the current year.

Insider Activity at Angel Studios

In other news, Director Steven I. Sarowitz bought 321,544 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was acquired at an average cost of $3.06 per share, with a total value of $983,924.64. Following the completion of the purchase, the director owned 326,840 shares of the company’s stock, valued at $1,000,130.40. This represents a 6,071.45% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 30.10% of the company’s stock.

Institutional Trading of Angel Studios

Several institutional investors and hedge funds have recently added to or reduced their stakes in ANGX. EverSource Wealth Advisors LLC lifted its stake in Angel Studios by 77.0% in 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 last quarter. Cetera Investment Advisers raised its holdings in shares of Angel Studios by 124.0% in 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 during the period. Lazard Asset Management LLC bought a new stake in shares of Angel Studios in the 1st quarter valued at about $174,000. Finally, Renaissance Technologies LLC bought a new stake in shares of Angel Studios in the 1st quarter valued at about $273,000. 38.57% of the stock is owned by institutional investors.

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.