Traders Buy Large Volume of Angel Studios Call Options (NYSE:ANGX)

Angel Studios, Inc. (NYSE:ANGX) saw some unusual options trading activity on Wednesday. Stock traders bought 2,590 call options on the stock. This is an increase of approximately 49% compared to the typical daily volume of 1,734 call options.

Key Stories Impacting Angel Studios

These are some of the ANGX stories that stood out recently:

• Positive Sentiment: Third-quarter revenue rose 107.8% year over year to $159.0 million, topping the reported $143.2 million analyst estimate. The company’s loss of $0.03 per share was also narrower than the $0.07 loss consensus cited in one report. Q3 results and market reaction
• Neutral Sentiment: Insider activity has been buyer-heavy over the past six months, with 11 reported purchases and no sales. This may support investor confidence, but the activity predates the latest results and does not guarantee future performance.
• Negative Sentiment: Despite higher sales and $100 million in gross profit, Angel Studios remained unprofitable: operating loss was $10.3 million and net loss attributable to common shareholders was $5.2 million. Cash was $45.6 million against total liabilities of $305.9 million, keeping profitability and balance-sheet strength in focus.

Angel Studios Trading Up 13.2%

Shares of ANGX stock traded up $0.49 during trading hours on Wednesday, reaching $4.24. The company’s stock had a trading volume of 2,653,607 shares, compared to its average volume of 1,348,011. Angel Studios has a one year low of $2.05 and a one year high of $6.75. The stock has a market capitalization of $790.93 million, a P/E ratio of -4.55 and a beta of 0.02. The firm’s fifty day simple moving average is $4.22 and its 200 day simple moving average is $3.66.

Angel Studios (NYSE:ANGX) last announced its earnings results on Tuesday, November 10th. The company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.04. The business had revenue of $159.02 million for the quarter. As a group, equities research analysts forecast that Angel Studios will post -0.37 earnings per share for the current fiscal year.

Insider Buying and Selling at Angel Studios

In other Angel Studios news, insider Jeffrey Harmon bought 178,700 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were bought at an average price of $4.08 per share, for a total transaction of $729,096.00. Following the transaction, the insider directly owned 205,024 shares in the company, valued at $836,497.92. This trade represents a 678.85% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Steven Sarowitz purchased 355,998 shares of the stock in a transaction on Thursday, September 10th. The stock was acquired at an average cost of $5.28 per share, with a total value of $1,879,669.44. Following the completion of the purchase, the director directly owned 1,240,841 shares of the company’s stock, valued at $6,551,640.48. The trade was a 40.23% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have purchased 972,948 shares of company stock worth $4,647,011. 30.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC boosted its stake in shares of Angel Studios by 77.0% during the 1st 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 in the last quarter. OneAscent Financial Services LLC purchased a new stake in Angel Studios in the second quarter worth about $41,000. WealthPlan Investment Management LLC purchased a new stake in Angel Studios in the third quarter worth about $47,000. Whitcomb & Hess Inc. bought a new stake in Angel Studios during the 2nd quarter valued at approximately $49,000. Finally, 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 valued at $77,000 after acquiring an additional 13,915 shares in the last quarter. 38.57% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ANGX has been the topic of several recent research reports. B. Riley Financial raised their price target on Angel Studios from $8.00 to $9.00 and gave the stock a “buy” rating in a research report on Friday, September 18th. Weiss Ratings upgraded Angel Studios from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 19th. Finally, Wall Street Zen raised Angel Studios from a “sell” rating to a “hold” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $8.20.

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.