Starz Entertainment Corp. (NASDAQ:STRZ – Get Free Report) major shareholder Allen Family Capital, Llc sold 13,945 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $26.01, for a total transaction of $362,709.45. Following the sale, the insider owned 1,403,786 shares of the company’s stock, valued at approximately $36,512,473.86. The trade was a 0.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Allen Family Capital, Llc also recently made the following trade(s):
- On Tuesday, September 29th, Allen Family Capital, Llc sold 363,786 shares of Starz Entertainment stock. The shares were sold at an average price of $21.06, for a total transaction of $7,661,333.16.
- On Monday, September 28th, Allen Family Capital, Llc sold 124,069 shares of Starz Entertainment stock. The stock was sold at an average price of $21.58, for a total value of $2,677,409.02.
- On Tuesday, September 22nd, Allen Family Capital, Llc sold 115,931 shares of Starz Entertainment stock. The shares were sold at an average price of $25.80, for a total value of $2,991,019.80.
- On Monday, September 21st, Allen Family Capital, Llc sold 249,255 shares of Starz Entertainment stock. The stock was sold at an average price of $25.96, for a total value of $6,470,659.80.
- On Friday, September 18th, Allen Family Capital, Llc sold 745 shares of Starz Entertainment stock. The shares were sold at an average price of $25.02, for a total transaction of $18,639.90.
- On Thursday, September 17th, Allen Family Capital, Llc sold 93,834 shares of Starz Entertainment stock. The shares were sold at an average price of $25.14, for a total value of $2,358,986.76.
- On Wednesday, September 16th, Allen Family Capital, Llc sold 17,700 shares of Starz Entertainment stock. The stock was sold at an average price of $27.48, for a total value of $486,396.00.
- On Tuesday, September 15th, Allen Family Capital, Llc sold 38,466 shares of Starz Entertainment stock. The shares were sold at an average price of $27.33, for a total transaction of $1,051,275.78.
- On Tuesday, September 1st, Allen Family Capital, Llc sold 140,712 shares of Starz Entertainment stock. The shares were sold at an average price of $26.25, for a total transaction of $3,693,690.00.
- On Monday, August 31st, Allen Family Capital, Llc sold 59,288 shares of Starz Entertainment stock. The stock was sold at an average price of $26.31, for a total value of $1,559,867.28.
Starz Entertainment Stock Down 0.2%
NASDAQ STRZ traded down $0.05 on Monday, reaching $22.04. The stock had a trading volume of 41,462 shares, compared to its average volume of 199,660. The company has a market capitalization of $377.41 million, a price-to-earnings ratio of -0.91 and a beta of 2.55. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 2.59. Starz Entertainment Corp. has a 1 year low of $8.40 and a 1 year high of $32.58. The business has a 50 day moving average price of $24.72 and a 200 day moving average price of $20.55.
Starz Entertainment (NASDAQ:STRZ – Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The company reported ($2.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.63) by ($0.39). Starz Entertainment had a negative return on equity of 34.04% and a negative net margin of 32.52%. The company had revenue of $322.40 million for the quarter. On average, analysts forecast that Starz Entertainment Corp. will post -6.12 EPS for the current fiscal year.
Hedge Funds Weigh In On Starz Entertainment
Several institutional investors have recently added to or reduced their stakes in the business. Hollow Brook Wealth Management LLC acquired a new stake in Starz Entertainment in the third quarter valued at approximately $360,000. State of Wyoming bought a new position in Starz Entertainment during the third quarter worth about $184,000. Ratan Capital Management LP purchased a new stake in Starz Entertainment in the 2nd quarter worth approximately $368,000. Coastal Bridge Advisors LLC purchased a new stake in shares of Starz Entertainment during the 2nd quarter valued at $4,056,000. Finally, Jefferies Financial Group Inc. purchased a new position in shares of Starz Entertainment in the second quarter worth about $8,027,000.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on STRZ. Raymond James Financial raised shares of Starz Entertainment from an “outperform” rating to a “strong-buy” rating and set a $36.00 target price for the company in a report on Friday. Citizens Jmp began coverage on shares of Starz Entertainment in a research report on Monday, September 14th. They set a “market outperform” rating and a $40.00 price target on the stock. Wall Street Zen raised Starz Entertainment from a “sell” rating to a “hold” rating in a report on Saturday. Morgan Stanley set a $30.00 price target on shares of Starz Entertainment in a research note on Monday, August 10th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Starz Entertainment in a report on Tuesday, October 27th. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Starz Entertainment presently has an average rating of “Moderate Buy” and a consensus price target of $33.71.
Get Our Latest Research Report on STRZ
Starz Entertainment Company Profile
Starz Entertainment Corp. is a media and entertainment company that operates premium subscription television and streaming services. Its offerings include the STARZ premium network, related linear television channels and the STARZ streaming platform, which provides original series, feature films and licensed entertainment content.
The company’s programming has included original dramas, comedies and franchises, as well as a selection of theatrical and television movies. STARZ content is distributed through traditional pay-TV providers, digital platforms and direct-to-consumer subscriptions, with availability varying by market and distribution partner.
Starz was established in 1994 as a premium television service and was acquired by Lionsgate in 2016.
Further Reading
- Five stocks we like better than Starz Entertainment
- Mortgage Rates Froze U.S. Housing, But These 3 Overseas Markets Still Pay Double Digits
- Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
- 3 Waste Services Stocks With More Growth Than You Might Expect
- Alphabet’s $400 Billion Sell-Off Could Be the Best AI Buying Window Left in 2026
Receive News & Ratings for Starz Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starz Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.
