Angel Studios CEO Neal Harmon buys $125k in company stock
Angel Studios CEO Neal Harmon has recently purchased 29,035.659 shares of the company's Class A Common Stock, valued at approximately $125,007. The transaction took place on August 13, 2026, at a weighted average price of $4.3053 per share, with individual transaction prices ranging from $4.2650 to $4.3400. This 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 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, bringing his total holdings to 55,530.659 shares. Despite Angel Studios reporting strong second-quarter 2026 financial results, including surpassing Wall Street expectations for both earnings and revenue, the company's stock experienced a decline, indicating investor concerns about the ongoing growth narrative.
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