Starz Entertainment (NASDAQ:STRZ) Cut to Sell at Wall Street Zen

Wall Street Zen cut shares of Starz Entertainment (NASDAQ:STRZ) from a hold rating to a sell rating in a research note issued to investors on Saturday morning.

Several other research analysts have also recently weighed in on STRZ. Morgan Stanley lowered their price target on shares of Starz Entertainment from $14.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Friday. Baird R W upgraded shares of Starz Entertainment to a “hold” rating in a report on Friday, September 5th. Zacks Research upgraded shares of Starz Entertainment to a “hold” rating in a report on Wednesday, September 17th. Robert W. Baird began coverage on shares of Starz Entertainment in a research report on Friday, September 5th. They set a “neutral” rating and a $13.00 price target on the stock. Finally, Weiss Ratings reiterated a “sell (e)” rating on shares of Starz Entertainment in a research report on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Starz Entertainment currently has an average rating of “Hold” and a consensus price target of $20.00.

Starz Entertainment Stock Performance

STRZ opened at $10.39 on Friday. The business has a 50 day simple moving average of $12.40. Starz Entertainment has a 1-year low of $8.00 and a 1-year high of $22.98.

Starz Entertainment (NASDAQ:STRZ) last announced its quarterly earnings data on Thursday, February 3rd. The company reported $0.21 EPS for the quarter. The company had revenue of $836.40 million for the quarter.

Insider Buying and Selling at Starz Entertainment

In related news, Director Harry Sloan acquired 8,100 shares of the stock in a transaction that occurred on Thursday, August 21st. The stock was purchased at an average price of $12.98 per share, with a total value of $105,138.00. Following the transaction, the director owned 42,260 shares of the company’s stock, valued at approximately $548,534.80. This trade represents a 23.71% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in STRZ. Liberty 77 Capital L.P. purchased a new position in shares of Starz Entertainment during the second quarter worth $28,987,000. Royce & Associates LP lifted its stake in Starz Entertainment by 20.2% during the 3rd quarter. Royce & Associates LP now owns 362,645 shares of the company’s stock worth $5,342,000 after acquiring an additional 60,819 shares in the last quarter. Geode Capital Management LLC purchased a new position in Starz Entertainment during the 2nd quarter valued at about $5,076,000. Jefferies Financial Group Inc. acquired a new position in Starz Entertainment in the 2nd quarter valued at about $4,470,000. Finally, Ancora Advisors LLC increased its stake in Starz Entertainment by 547.1% during the third quarter. Ancora Advisors LLC now owns 175,325 shares of the company’s stock worth $2,583,000 after purchasing an additional 148,230 shares during the period.

About Starz Entertainment

Starz is a premium cable and streaming network owned by Starz Entertainment, which was formerly a part of Lionsgate. Starz had about 20 million subscribers in the U.S. and Canada as of Dec. 31, 2024. The company’s franchises include “Outlander” and “Power.”