Starz Entertainment (NASDAQ:STRZ) Major Shareholder Sells $18,639.90 in Stock

Starz Entertainment Corp. (NASDAQ:STRZ) major shareholder Allen Family Capital, Llc sold 745 shares of the stock in a transaction that occurred on Friday, September 18th. The stock was sold at an average price of $25.02, for a total value of $18,639.90. Following the transaction, the insider owned 853,041 shares in the company, valued at $21,343,085.82. The trade was a 0.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Large shareholders that own at least 10% 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 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 value 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 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 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 transaction 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 stock was sold at an average price of $26.31, for a total value of $1,559,867.28.
• On Friday, August 21st, Allen Family Capital, Llc sold 156,705 shares of Starz Entertainment stock. The stock was sold at an average price of $26.56, for a total value of $4,162,084.80.

Starz Entertainment Price Performance

Shares of NASDAQ:STRZ opened at $22.09 on Friday. The company has a market capitalization of $378.18 million, a P/E ratio of -0.91 and a beta of 2.55. The company’s 50-day moving average is $24.72 and its 200 day moving average is $20.55. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.25 and a current ratio of 0.25. Starz Entertainment Corp. has a fifty-two week low of $8.40 and a fifty-two week high of $32.58.

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 firm had revenue of $322.40 million during the quarter. On average, equities research analysts forecast that Starz Entertainment Corp. will post -6.12 earnings per share for the current 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

Several equities analysts have recently weighed in on STRZ shares. Morgan Stanley set a $30.00 target price on shares of Starz Entertainment in a research note on Monday, August 10th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $30.00 price target on shares of Starz Entertainment in a research report on Tuesday, August 18th. Weiss Ratings restated a “sell (d-)” rating on shares of Starz Entertainment in a research note on Tuesday. Citizens Jmp assumed coverage on shares of Starz Entertainment in a report on Monday, September 14th. They issued a “market outperform” rating and a $40.00 price objective 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 for the company in a report on Friday. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $33.71.

Institutional Trading of Starz Entertainment

A number of institutional investors have recently added to or reduced their stakes in STRZ. Legal & General Group Plc bought a new position in shares of Starz Entertainment in the second quarter valued at approximately $34,000. State of Wyoming purchased a new position in Starz Entertainment during the third quarter valued at approximately $184,000. Sei Investments Co. purchased a new position in Starz Entertainment during the first quarter valued at approximately $190,000. Persistent Asset Partners Ltd bought a new stake in Starz Entertainment during the 2nd quarter worth approximately $196,000. Finally, Deutsche Bank AG bought a new stake in Starz Entertainment during the 2nd quarter worth approximately $342,000.

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.