Angel Studios (NYSE:ANGX) Trading Up 11.9% – Time to Buy?

Angel Studios, Inc. (NYSE:ANGX) was up 11.9% during mid-day trading on Thursday . The company traded as high as $2.95 and last traded at $2.9870. Approximately 609,656 shares were traded during trading, a decline of 45% from the average daily volume of 1,116,813 shares. The stock had previously closed at $2.67.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ANGX shares. B. Riley Financial started coverage on Angel Studios in a research note on Wednesday, February 25th. They set a “buy” rating and a $7.00 price target for the company. Wall Street Zen raised Angel Studios from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 2nd. Texas Capital raised Angel Studios to a “strong-buy” rating in a research note on Tuesday, February 24th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Angel Studios in a research note on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $8.25.

Angel Studios Price Performance

The firm has a market cap of $569.48 million, a PE ratio of -4.06 and a beta of 0.05. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.12. The business has a fifty day moving average of $2.77.

Angel Studios (NYSE:ANGX) last issued its earnings results on Thursday, April 30th. The company reported ($0.08) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.03. The business had revenue of $115.11 million for the quarter. Analysts expect that Angel Studios, Inc. will post -0.42 EPS for the current year.

Insider Activity

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

Institutional Investors Weigh In On Angel Studios

A number of institutional investors have recently modified their holdings of ANGX. Cetera Investment Advisers boosted its stake in shares of 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 buying an additional 13,915 shares during the period. Renaissance Technologies LLC bought a new position in Angel Studios in the 1st quarter worth $273,000. Lazard Asset Management LLC bought a new position in Angel Studios in the 1st quarter worth $174,000. Finally, EverSource Wealth Advisors LLC increased its holdings 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 worth $27,000 after purchasing an additional 3,793 shares during the period. Institutional investors and hedge funds 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.