Steven Sarowitz Purchases 107,662 Shares of Angel Studios (NYSE:ANGX) Stock

Angel Studios, Inc. (NYSE:ANGX) Director Steven Sarowitz acquired 107,662 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was purchased at an average price of $4.12 per share, with a total value of $443,567.44. Following the purchase, the director owned 683,303 shares in the company, valued at approximately $2,815,208.36. The trade was a 18.70% increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Angel Studios Stock Up 0.8%

ANGX stock opened at $4.36 on Friday. The firm has a market cap of $813.34 million, a PE ratio of -4.68 and a beta of -0.02. The business has a 50 day moving average of $3.73 and a 200-day moving average of $3.38. Angel Studios, Inc. has a 12-month low of $2.05 and a 12-month high of $20.39.

Angel Studios (NYSE:ANGX) last issued its quarterly earnings results on Tuesday, August 4th. The company reported ($0.13) EPS for the quarter, topping analysts’ consensus estimates of ($0.15) by $0.02. The business had revenue of $111.71 million for the quarter. On average, research analysts expect that Angel Studios, Inc. will post -0.37 earnings per share for the current year.

Analysts Set New Price Targets

ANGX has been the topic of several research reports. Wall Street Zen raised shares of Angel Studios from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings restated a “sell (e+)” rating on shares of Angel Studios in a research note on Wednesday, June 24th. Finally, B. Riley Financial reaffirmed a “buy” rating and issued a $8.00 price target (up from $7.00) on shares of Angel Studios in a report on Tuesday, June 30th. One research 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 given a Sell rating to the company. According to data from MarketBeat.com, Angel Studios has a consensus rating of “Moderate Buy” and a consensus target price of $8.50.

Hedge Funds Weigh In On Angel Studios

Several large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC raised its position in shares of 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 purchasing an additional 3,793 shares during the period. Hardin Capital Partners LLC boosted its holdings in Angel Studios by 19.8% in the 2nd quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company’s stock worth $111,000 after buying an additional 5,000 shares during the period. OneAscent Financial Services LLC bought a new position in Angel Studios in the 2nd quarter worth approximately $41,000. Whitcomb & Hess Inc. bought a new stake in Angel Studios during the 2nd quarter valued at $49,000. Finally, Cetera Investment Advisers raised its holdings in Angel Studios by 124.0% during the 1st quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock valued at $77,000 after acquiring an additional 13,915 shares during the period. Hedge funds and other institutional investors 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.