Starz Entertainment Corp. (NASDAQ:STRZ – Get Free Report) major shareholder Allen Family Capital, Llc sold 17,700 shares of the firm’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $27.48, for a total value of $486,396.00. Following the completion of the transaction, the insider directly owned 947,620 shares in the company, valued at $26,040,597.60. This trade represents a 1.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions 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 shares were sold at an average price of $21.58, for a total transaction of $2,677,409.02.
- On Tuesday, September 22nd, Allen Family Capital, Llc sold 115,931 shares of Starz Entertainment stock. The stock was sold at an average price of $25.80, for a total transaction of $2,991,019.80.
- On Monday, September 21st, Allen Family Capital, Llc sold 249,255 shares of Starz Entertainment stock. The shares were sold at an average price of $25.96, for a total transaction 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 transaction of $2,358,986.76.
- On Tuesday, September 15th, Allen Family Capital, Llc sold 38,466 shares of Starz Entertainment stock. The stock was 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 stock was 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 shares were sold at an average price of $26.31, for a total transaction of $1,559,867.28.
- On Friday, August 21st, Allen Family Capital, Llc sold 156,705 shares of Starz Entertainment stock. The shares were sold at an average price of $26.56, for a total value of $4,162,084.80.
Starz Entertainment Stock Up 1.6%
Shares of NASDAQ STRZ opened at $22.09 on Friday. Starz Entertainment Corp. has a 1 year low of $8.40 and a 1 year high of $32.58. The firm has a market cap of $378.18 million, a price-to-earnings ratio of -0.91 and a beta of 2.55. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.25 and a current ratio of 0.25. The stock’s 50-day simple moving average is $24.72 and its 200-day simple moving average is $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 for the quarter, missing analysts’ consensus estimates of ($1.63) by ($0.39). The company had revenue of $322.40 million for the quarter. Starz Entertainment had a negative return on equity of 30.57% and a negative net margin of 32.52%. As a group, equities analysts anticipate that Starz Entertainment Corp. will post -6.12 earnings per share for the current fiscal year.
Key Starz Entertainment News
Here are the key news stories impacting Starz Entertainment this week:
- Positive Sentiment: Third-quarter revenue reached approximately $322.4 million, ahead of expectations, while total and OTT revenue increased both sequentially and year over year. Adjusted OIBDA more than doubled from the prior year. Starz Entertainment third-quarter results
- Positive Sentiment: Digital streaming revenue reached $227 million, and over-the-top bundling increased customer retention by more than 20%. These figures support management’s shift toward streaming and could improve the company’s long-term revenue quality. Starz: 3 Key Takeaways for Long-Term Investors
- Positive Sentiment: Raymond James upgraded Starz Entertainment to “strong buy” from “outperform” and assigned a $36 price target. The target implies substantial potential upside from recent trading levels and adds support to the bullish case. Raymond James analyst upgrade
- Neutral Sentiment: Management reaffirmed its 2026 and 2027 targets, including OTT revenue growth, leverage reduction, adjusted OIBDA growth, unlevered free cash flow and a 20% adjusted OIBDA margin in the second half of 2027. Achieving those goals will depend on continued execution in a competitive streaming market.
- Negative Sentiment: Starz reported a quarterly loss of $2.02 per share, while Zacks cited a $2.14 loss, missing consensus estimates of $1.63 and $1.33, respectively. Although the loss narrowed from $2.63 a year earlier, the earnings miss may pressure the stock and highlights continuing profitability challenges. Starz third-quarter loss
- Negative Sentiment: Major shareholder Allen Family Capital disclosed a series of stock sales during August and September, collectively reducing its position by a substantial amount. The selling may weigh on sentiment, even though the transactions occurred before the latest earnings release. SEC ownership filing
Wall Street Analysts Forecast Growth
STRZ has been the topic of several analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Starz Entertainment in a research report on Tuesday. Morgan Stanley set a $30.00 price target on shares of Starz Entertainment in a report on Monday, August 10th. Citizens Jmp assumed coverage on shares of Starz Entertainment in a report on Monday, September 14th. They set a “market outperform” rating and a $40.00 price target for the company. Citigroup assumed coverage on shares of Starz Entertainment in a research report on Monday, September 14th. They set an “outperform” rating for the company. Finally, Raymond James Financial raised shares of Starz Entertainment from an “outperform” rating to a “strong-buy” rating and set a $36.00 price objective on the stock in a report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Starz Entertainment has an average rating of “Moderate Buy” and a consensus price target of $33.71.
View Our Latest Stock Report on Starz Entertainment
Hedge Funds Weigh In On Starz Entertainment
A number of institutional investors and hedge funds have recently bought and sold shares of STRZ. Legal & General Group Plc acquired a new position in Starz Entertainment during the 2nd quarter valued at about $34,000. Gamco Investors INC. ET AL raised its position in shares of Starz Entertainment by 4.3% during the 1st quarter. Gamco Investors INC. ET AL now owns 72,411 shares of the company’s stock worth $833,000 after buying an additional 3,000 shares in the last quarter. Hsbc Holdings PLC raised its position in shares of Starz Entertainment by 11.6% during the 1st quarter. Hsbc Holdings PLC now owns 40,747 shares of the company’s stock worth $469,000 after buying an additional 4,243 shares in the last quarter. Persistent Asset Partners Ltd acquired a new stake in shares of Starz Entertainment in the 2nd quarter worth approximately $196,000. Finally, State of Wyoming acquired a new stake in shares of Starz Entertainment in the 3rd quarter worth approximately $184,000.
About Starz Entertainment
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.
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