Angel Studios CEO Neal Harmon buys $125k in company stock By Investing.com

Neal Harmon, Chief Executive Officer and Director of Angel Studios, Inc. (), recently purchased 29,035.659 shares of the company’s Class A Common Stock. The transaction, valued at approximately $125,007, occurred on August 13, 2026.

Mr. Harmon acquired the shares at a weighted average price of $4.3053 per share. Individual transaction prices for these shares ranged from $4.2650 to $4.3400. The purchase comes as the stock trades near $4.37, showing a strong 34% gain over the past six months despite a 66% decline over the past year. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value. Following this acquisition, Mr. Harmon directly holds 55,530.659 shares of Angel Studios’ Class A Common Stock, which has a par value of $0.0001 per share. InvestingPro subscribers have access to over 10 additional exclusive tips about ANGX, plus comprehensive Pro Research Reports covering this and 1,400+ other US equities.

In other recent news, Angel Studios reported its second-quarter 2026 financial results, surpassing Wall Street expectations for both earnings and revenue. The company achieved an adjusted EPS of -$0.13, which was better than the anticipated -$0.15, and revenue reached $111.7 million, exceeding the $109.58 million estimate. Despite these results, the company’s stock experienced a decline, indicating investor concerns about the ongoing growth narrative. The revenue increase was primarily driven by the Guild business, which nearly doubled its revenue to $90.7 million from the previous year. By the end of the quarter, Guild membership rose to 2.61 million and further increased to 2.85 million by the end of July. Angel Studios maintained its full-year 2026 adjusted EBITDA loss cap at no more than $25 million. The company highlighted a 28% rise in total revenue compared to the previous year, reflecting strong growth in its core business. However, the market’s reaction suggests that investors remain attentive to the company’s losses and margin pressures.

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