Insider Selling: Starz Entertainment (NASDAQ:STRZ) Major Shareholder Sells $1,848,949.02 in Stock

Starz Entertainment Corp. (NASDAQ:STRZ) major shareholder Allen Family Capital, Llc sold 69,798 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $26.49, for a total value of $1,848,949.02. Following the completion of the transaction, the insider directly owned 1,417,731 shares in the company, valued at $37,555,694.19. This trade represents a 4.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Major shareholders that own 10% or more of a company’s stock 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 value 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 transaction 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 transaction of $6,470,659.80.
• On Friday, September 18th, Allen Family Capital, Llc sold 745 shares of Starz Entertainment stock. The stock was 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 stock was 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 value 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 value of $1,559,867.28.

Starz Entertainment Price Performance

STRZ stock opened at $22.09 on Friday. Starz Entertainment Corp. has a one year low of $8.40 and a one year high of $32.58. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 2.05. The firm has a market capitalization of $378.18 million, a PE ratio of -0.91 and a beta of 2.55. The firm has a 50-day moving average of $24.72 and a two-hundred day moving average of $20.55.

Starz Entertainment (NASDAQ:STRZ) last released its earnings results on Thursday, October 29th. The company reported ($2.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.63) by ($0.39). Starz Entertainment had a negative return on equity of 30.57% and a negative net margin of 32.52%. The company had revenue of $322.40 million during the quarter. On average, analysts forecast that Starz Entertainment Corp. will post -6.12 earnings per share for the current year.

Institutional Investors Weigh In On Starz Entertainment

A number of institutional investors and hedge funds have recently modified their holdings of the company. Hollow Brook Wealth Management LLC purchased a new position in Starz Entertainment during the 3rd quarter valued at $360,000. State of Wyoming purchased a new position in Starz Entertainment in the 3rd quarter worth approximately $184,000. Ratan Capital Management LP purchased a new stake in Starz Entertainment during the 2nd quarter valued at $368,000. Coastal Bridge Advisors LLC purchased a new position in shares of Starz Entertainment in the second quarter worth $4,056,000. Finally, Jefferies Financial Group Inc. bought a new stake in shares of Starz Entertainment in the second quarter worth approximately $8,027,000.

Key Headlines Impacting Starz Entertainment

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

Several equities research analysts have recently commented on STRZ shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $30.00 target price on shares of Starz Entertainment in a research note on Tuesday, August 18th. Morgan Stanley set a $30.00 price target on Starz Entertainment in a report on Monday, August 10th. Wall Street Zen upgraded Starz Entertainment from a “sell” rating to a “hold” rating in a research note on Saturday. Citigroup initiated coverage on shares of Starz Entertainment in a research note on Monday, September 14th. They issued an “outperform” rating for the company. Finally, Raymond James Financial upgraded Starz Entertainment from an “outperform” rating to a “strong-buy” rating and set a $36.00 target price on the stock in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $33.71.

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.