Angel Studios (NYSE:ANGX) Trading 8.3% Higher – Still a Buy?

Shares of Angel Studios, Inc. (NYSE:ANGX) rose 8.3% on Monday . The stock traded as high as $4.32 and last traded at $4.3850. Approximately 458,704 shares changed hands during trading, a decline of 61% from the average session volume of 1,162,673 shares. The stock had previously closed at $4.05.

Wall Street Analysts Forecast Growth

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

Angel Studios Trading Up 5.1%

The company has a market capitalization of $793.17 million, a PE ratio of -5.67 and a beta of -0.01. The business has a fifty day moving average of $3.31 and a 200 day moving average of $3.39.

Angel Studios (NYSE:ANGX) last posted its quarterly earnings results on Thursday, April 30th. The company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.11) by $0.03. The business had revenue of $115.11 million during the quarter. Equities analysts forecast that Angel Studios, Inc. will post -0.4 EPS for the current fiscal year.

Insider Transactions at Angel Studios

In other news, Director Steven I. Sarowitz purchased 321,544 shares of the stock in a transaction on Tuesday, May 5th. The stock was bought at an average price of $3.06 per share, for a total transaction of $983,924.64. Following the acquisition, the director directly owned 326,840 shares of the company’s stock, valued at approximately $1,000,130.40. The trade was a 6,071.45% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 30.10% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Angel Studios

A number of hedge funds and other institutional investors have recently modified their holdings of ANGX. Renaissance Technologies LLC purchased a new stake in shares of Angel Studios during the 1st quarter worth $273,000. Lazard Asset Management LLC purchased a new position in Angel Studios in the first quarter valued at $174,000. Hardin Capital Partners LLC raised its stake in Angel Studios by 19.8% in the second quarter. Hardin Capital Partners LLC now owns 30,216 shares of the company’s stock valued at $111,000 after buying an additional 5,000 shares in the last quarter. Cetera Investment Advisers raised its stake in Angel Studios by 124.0% in the first quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock valued at $77,000 after buying an additional 13,915 shares in the last quarter. Finally, Whitcomb & Hess Inc. purchased a new stake in Angel Studios during the 2nd quarter worth about $49,000. 38.57% of the stock is currently owned by institutional investors and hedge funds.

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.