Angel Studios Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:Q62 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
14 Aug 26	Buy€213,166	Steven Sarowitz	Individual	57,922	€3.68
14 Aug 26	Buy€819,402	Jeffrey Harmon	Individual	230,080	€3.68
14 Aug 26	Buy€107,967	Neal Harmon	Individual	29,193.1	€3.70
13 Aug 26	Buy€1,175,029	Steven Sarowitz	Individual	353,815	€3.57
13 Aug 26	Buy€108,356	Neal Harmon	Individual	29,035.66	€3.73
05 May 26	Buy€839,511	Steven Sarowitz	Individual	321,544	€2.61
11 Sep 25	Buy€164	Taylor Seth	Individual	11	€14.94

Insider Trading Volume

Insider Buying: Q62 insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of Q62?
Owner Type	Number of Shares	Ownership Percentage
VC/PE Firms	19,459,882	10.4%
Institutions	20,853,468	11.2%
Individual Insiders	39,782,359	21.3%
General Public	106,660,610	57.1%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 3126.6%.

Top Shareholders

Top 25 shareholders own 41.45% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.4%	Gigafund	19,459,882	€80.8m	0%	0.35%
9.2%	Jeffrey Harmon	17,183,813	€71.4m	-22.8%	no data
9.11%	Neal Harmon	17,014,477	€70.7m	-23%	no data
2.2%	Hudson Bay Capital Management LP	4,117,817	€17.1m	-22.2%	0.11%
1.39%	Peak6 Group LLC	2,593,933	€10.8m	0%	0.26%
1.16%	Paul Ahlstrom	2,168,042	€9.0m	-0.08%	no data
0.87%	Vanguard Capital Management, LLC	1,628,008	€6.8m	19.9%	no data
0.85%	Dalton Wright	1,581,023	€6.6m	0%	no data
0.74%	BlackRock, Inc.	1,387,172	€5.8m	5.21%	no data
0.74%	Renaissance Technologies LLC	1,373,228	€5.7m	1,430%	0.01%
0.61%	Geode Capital Management, LLC	1,145,922	€4.8m	25.1%	no data
0.38%	Diversify Advisory Services, LLC	700,712	€2.9m	0%	0.05%
0.51%	Sepio Capital, LP	959,485	€4.0m	-9.81%	0.19%
0.38%	Diversify Wealth Management, LLC	700,712	€2.9m	-0.34%	0.05%
0.37%	Harvest Investment Services, LLC	684,939	€2.8m	6.24%	0.49%
0.35%	Jordan Harmon	655,752	€2.7m	0%	no data
0.32%	MMBG Investment Advisors Co.	597,543	€2.5m	0%	0.19%
0.32%	LPL Financial LLC	595,665	€2.5m	1.6%	no data
0.31%	Benton Crane	575,146	€2.4m	0.46%	no data
0.27%	Charles Schwab Investment Management, Inc.	500,217	€2.1m	0%	no data
0.25%	State Street Investment Management	466,500	€1.9m	25%	no data
0.21%	Americana Partners, LLC	389,481	€1.6m	0%	0.04%
0.18%	Verition Fund Management LLC	335,544	€1.4m	-38.5%	0.01%
0.18%	Steven Sarowitz	329,488	€1.4m	-53.6%	no data
0.14%	Polar Asset Management Partners Inc.	262,502	€1.1m	0%	0.04%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/08/19 01:17
End of Day Share Price	2026/08/19 00:00
Earnings	2026/06/30
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Angel Studios, Inc. is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Andrew Crum	B. Riley Securities, Inc.
Ryan Meyers	Lake Street Capital Markets, LLC
Thomas Forte	Maxim Group