Angel Studios (NYSE:ANGX) Director Steven Sarowitz Purchases 321,544 Shares

Angel Studios, Inc. (NYSE:ANGX) Director Steven Sarowitz purchased 321,544 shares of Angel Studios stock in a transaction that occurred on Tuesday, May 5th. The shares were purchased at an average price of $3.06 per share, for a total transaction of $983,924.64. Following the transaction, the director directly owned 326,840 shares in the company, valued at $1,000,130.40. This represents a 6,071.45% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Angel Studios Trading Down 1.5%

NYSE ANGX opened at $3.00 on Friday. The company has a debt-to-equity ratio of 1.12, a current ratio of 0.59 and a quick ratio of 0.59. The firm has a market cap of $507.68 million, a price-to-earnings ratio of -3.99 and a beta of 0.04. The stock’s 50 day moving average price is $3.19. Angel Studios, Inc. has a 1 year low of $2.05 and a 1 year high of $20.39.

Angel Studios (NYSE:ANGX) last posted its quarterly earnings results on Thursday, April 30th. The company reported $999.00 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.11) by $999.11. On average, equities research analysts forecast that Angel Studios, Inc. will post -0.42 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. B. Riley Financial assumed coverage on shares of Angel Studios in a research report on Wednesday, February 25th. They issued a “buy” rating and a $7.00 target price on the stock. Weiss Ratings restated a “sell (e+)” rating on shares of Angel Studios in a research report on Friday, March 27th. 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. Texas Capital upgraded shares of Angel Studios to a “strong-buy” rating in a research report on Tuesday, February 24th. Finally, Maxim Group assumed coverage on shares of Angel Studios in a research report on Thursday, January 22nd. They issued a “buy” rating and a $9.00 target price on the stock. 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $8.25.

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.