Insider Selling: Starz Entertainment (NASDAQ:STRZ) Major Shareholder Sells $2,358,986.76 in Stock

Starz Entertainment Corp. (NASDAQ:STRZ) major shareholder Allen Family Capital, Llc sold 93,834 shares of Starz Entertainment stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $25.14, for a total transaction of $2,358,986.76. Following the sale, the insider owned 853,786 shares of the company’s stock, valued at approximately $21,464,180.04. The trade was a 9.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major 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 stock was 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 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 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 transaction of $486,396.00.
• 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 stock was 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 Trading Up 1.6%

NASDAQ STRZ opened at $22.09 on Friday. The stock’s 50-day simple moving average is $24.72 and its two-hundred day simple moving average is $20.55. Starz Entertainment Corp. has a twelve month low of $8.40 and a twelve month high of $32.58. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 2.05. The company has a market capitalization of $378.18 million, a price-to-earnings ratio of -0.91 and a beta of 2.55.

Starz Entertainment (NASDAQ:STRZ) last issued 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 30.57% and a negative net margin of 32.52%. The firm had revenue of $322.40 million for the quarter. Research analysts forecast that Starz Entertainment Corp. will post -6.12 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on STRZ shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $30.00 price objective on shares of Starz Entertainment in a report on Tuesday, August 18th. Citizens Jmp started coverage on Starz Entertainment in a research note on Monday, September 14th. They issued a “market outperform” rating and a $40.00 target price for the company. Morgan Stanley set a $30.00 price target on shares of Starz Entertainment in a research report on Monday, August 10th. Citigroup began coverage on shares of Starz Entertainment in a research note on Monday, September 14th. They set an “outperform” rating on the stock. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Starz Entertainment in a research note on Tuesday. Two 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $33.71.

Institutional Trading of Starz Entertainment

Several institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. bought a new position in shares of Starz Entertainment during the second quarter valued at about $35,599,000. NewEdge Wealth LLC purchased a new position in shares of Starz Entertainment in the second quarter worth about $13,911,000. Ancora Advisors LLC purchased a new position in shares of Starz Entertainment in the second quarter worth about $11,826,000. Bank of New York Mellon Corp bought a new stake in shares of Starz Entertainment in the 2nd quarter valued at about $9,018,000. Finally, Jefferies Financial Group Inc. bought a new stake in shares of Starz Entertainment in the 2nd quarter valued at about $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

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.