Angel Studios (NYSE:ANGX) Insider Purchases $218,878.80 in Stock

Angel Studios, Inc. (NYSE:ANGX) insider Jeffrey Harmon bought 51,380 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were purchased at an average cost of $4.26 per share, with a total value of $218,878.80. Following the purchase, the insider directly owned 256,404 shares of the company’s stock, valued at approximately $1,092,281.04. This represents a 25.06% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Jeffrey Harmon also recently made the following trade(s):

• On Thursday, August 13th, Jeffrey Harmon purchased 178,700 shares of Angel Studios stock. The stock was acquired at an average price of $4.08 per share, for a total transaction of $729,096.00.

Angel Studios Stock Performance

NYSE ANGX traded up $0.34 on Monday, reaching $4.71. The company’s stock had a trading volume of 2,614,310 shares, compared to its average volume of 1,206,415. Angel Studios, Inc. has a twelve month low of $2.05 and a twelve month high of $20.39. The stock has a market cap of $879.64 million, a PE ratio of -5.06 and a beta of -0.02. The firm’s 50 day moving average is $3.73 and its two-hundred day moving average is $3.38.

Angel Studios (NYSE:ANGX) last announced its quarterly earnings data on Tuesday, August 4th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.15) by $0.02. The business had revenue of $111.71 million during the quarter. Equities research analysts anticipate that Angel Studios, Inc. will post -0.37 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Wall Street Zen upgraded Angel Studios from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Angel Studios in a research report on Wednesday, June 24th. Finally, B. Riley Financial reaffirmed a “buy” rating and set a $8.00 target price (up from $7.00) on shares of Angel Studios in a report on Tuesday, June 30th. One equities research 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 issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $8.50.

Institutional Investors Weigh In On Angel Studios

Hedge funds have recently made changes to their positions in the company. AWM Investment Company Inc. purchased a new stake in shares of Angel Studios in the second quarter valued at $1,682,000. Renaissance Technologies LLC acquired a new position in Angel Studios during the first quarter valued at $273,000. Lazard Asset Management LLC purchased a new stake in Angel Studios in the 1st quarter worth about $174,000. Cetera Investment Advisers boosted its position in Angel Studios by 124.0% during the 1st quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock worth $77,000 after acquiring an additional 13,915 shares during the period. Finally, Whitcomb & Hess Inc. purchased a new position in Angel Studios during the 2nd quarter valued at about $49,000. Hedge funds and other institutional investors own 38.57% of the company’s stock.

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.