Angel Studios is trading at $4.60 (+5.26%) in pre-market after recently disclosed insider purchases.
- Director Steven I. Sarowitz bought $1,355,593 of Class A stock across August 12 and 13; CEO Neal Harmon purchased approximately $125,007 on August 13.
- Second-quarter revenue grew 27.5% to $111.7 million, though profitability remained pressured.
- Broader markets are modestly positive, providing additional support, but insider buying is the clearest catalyst.