Angel Studios, Inc. (NYSE:ANGX) Given Average Rating of “Moderate Buy” by Analysts

Shares of Angel Studios, Inc. (NYSE:ANGX) have been given an average rating of “Moderate Buy” by the seven brokerages that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $8.50.

ANGX has been the topic of several analyst reports. B. Riley Financial reiterated a “buy” rating and set a $8.00 price target (up from $7.00) on shares of Angel Studios in a research report on Tuesday, June 30th. Wall Street Zen upgraded shares of Angel Studios from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings upgraded shares of Angel Studios from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 19th.

Angel Studios Stock Up 0.9%

NYSE ANGX opened at $4.53 on Friday. The firm has a market cap of $846.02 million, a P/E ratio of -4.87 and a beta of -0.02. The company’s 50 day moving average is $4.14 and its 200-day moving average is $3.46. Angel Studios has a 12-month low of $2.05 and a 12-month high of $20.39.

Angel Studios (NYSE:ANGX) last posted 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 company had revenue of $111.71 million during the quarter. Equities analysts expect that Angel Studios will post -0.37 EPS for the current year.

Insider Transactions at Angel Studios

In related news, Director Steven I. Sarowitz bought 246,153 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was acquired at an average cost of $3.71 per share, for a total transaction of $913,227.63. Following the completion of the transaction, the director directly owned 575,641 shares in the company, valued at $2,135,628.11. This trade represents a 74.71% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jeffrey Harmon purchased 178,700 shares of the business’s stock in a transaction on Thursday, August 13th. The stock was bought at an average cost of $4.08 per share, with a total value of $729,096.00. Following the purchase, the insider owned 205,024 shares in the company, valued at approximately $836,497.92. This represents a 678.85% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 641,817 shares of company stock worth $2,551,518 over the last 90 days. Corporate insiders own 30.10% of the company’s stock.

Hedge Funds Weigh In On Angel Studios

A number of hedge funds and other institutional investors have recently modified their holdings of the company. AWM Investment Company Inc. bought a new position in shares of Angel Studios during the 2nd quarter valued at about $1,682,000. Renaissance Technologies LLC bought a new stake in shares of Angel Studios in the 1st quarter worth approximately $273,000. Lazard Asset Management LLC bought a new stake in shares of Angel Studios in the 1st quarter worth approximately $174,000. AXQ Capital LP purchased a new stake in shares of Angel Studios in the 2nd quarter valued at $100,000. Finally, Cetera Investment Advisers boosted its stake in shares of Angel Studios by 124.0% in the 1st quarter. Cetera Investment Advisers now owns 25,135 shares of the company’s stock valued at $77,000 after purchasing an additional 13,915 shares in the last quarter. 38.57% of the stock is currently owned by hedge funds and other institutional investors.

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.