Angel Studios (NYSE:ANGX) Stock Price Up 5.4% – Should You Buy?

Shares of Angel Studios, Inc. (NYSE:ANGX) rose 5.4% during mid-day trading on Tuesday . The company traded as high as $3.72 and last traded at $3.72. 299,206 shares changed hands during trading, a decline of 74% from the average session volume of 1,140,791 shares. The stock had previously closed at $3.53.

Analysts Set New Price Targets

ANGX has been the subject of several research analyst reports. Wall Street Zen upgraded shares of Angel Studios from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 2nd. B. Riley Financial reissued a “buy” rating and set a $8.00 target price (up from $7.00) on shares of Angel Studios in a research note on Tuesday, June 30th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Angel Studios in a report on Wednesday, June 24th. 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Angel Studios presently has an average rating of “Moderate Buy” and an average target price of $8.50.

Angel Studios Price Performance

The business has a 50 day simple moving average of $2.96 and a 200 day simple moving average of $3.47. The stock has a market cap of $696.05 million, a PE ratio of -4.97 and a beta of -0.01.

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, topping analysts’ consensus estimates of ($0.11) by $0.03. The firm had revenue of $115.11 million for the quarter. As a group, sell-side analysts forecast that Angel Studios, Inc. will post -0.41 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Angel Studios news, Director Steven I. Sarowitz bought 321,544 shares of Angel Studios stock in a transaction on Tuesday, May 5th. The stock was purchased at an average cost of $3.06 per share, for a total transaction of $983,924.64. Following the completion of the purchase, the director directly owned 326,840 shares of the company’s stock, valued at $1,000,130.40. The trade was a 6,071.45% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 30.10% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of ANGX. EverSource Wealth Advisors LLC raised its holdings in shares of Angel Studios by 77.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 8,718 shares of the company’s stock valued at $27,000 after purchasing an additional 3,793 shares in the last quarter. Lazard Asset Management LLC acquired a new stake in shares of Angel Studios in the 1st quarter valued at $174,000. Renaissance Technologies LLC bought a new stake in Angel Studios in the first quarter worth $273,000. Finally, Cetera Investment Advisers boosted its holdings in Angel Studios by 124.0% in the first quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock worth $77,000 after purchasing an additional 13,915 shares in the last quarter. Institutional investors and hedge funds own 38.57% of the company’s stock.

Angel Studios Company Profile

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.