Starz Entertainment Corp. (NASDAQ:STRZ – Get Free Report) major shareholder Allen Family Capital, Llc sold 43,295 shares of Starz Entertainment stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $26.72, for a total value of $1,156,842.40. Following the completion of the transaction, the insider owned 1,360,491 shares in the company, valued at approximately $36,352,319.52. This represents a 3.08% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Major shareholders that own more than 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 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 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 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 transaction 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 transaction of $1,051,275.78.
- On Tuesday, September 1st, Allen Family Capital, Llc sold 140,712 shares of Starz Entertainment stock. The shares were 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.
Starz Entertainment Stock Performance
Shares of NASDAQ:STRZ opened at $22.09 on Friday. 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 company has a 50-day moving average price of $24.72 and a 200-day moving average price of $20.55. The company has a market cap of $378.18 million, a price-to-earnings ratio of -0.91 and a beta of 2.55. Starz Entertainment Corp. has a 12 month low of $8.40 and a 12 month high of $32.58.
Starz Entertainment (NASDAQ:STRZ – Get Free Report) last posted its 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). The business had revenue of $322.40 million during 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 EPS for the current year.
Institutional Investors Weigh In On Starz Entertainment
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Legal & General Group Plc purchased a new position in Starz Entertainment during the second quarter valued at $34,000. Persistent Asset Partners Ltd purchased a new stake in shares of Starz Entertainment in the 2nd quarter worth about $196,000. State of Wyoming purchased a new stake in shares of Starz Entertainment in the 3rd quarter worth about $184,000. Deutsche Bank AG bought a new position in shares of Starz Entertainment in the 2nd quarter worth about $342,000. Finally, Ratan Capital Management LP bought a new position in shares of Starz Entertainment in the 2nd quarter worth about $368,000.
Key Stories 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
Analysts Set New Price Targets
Several research firms have recently issued reports on STRZ. Weiss Ratings reissued a “sell (d-)” rating on shares of Starz Entertainment in a research note on Tuesday. Morgan Stanley set a $30.00 price target on Starz Entertainment in a research note on Monday, August 10th. Citizens Jmp started coverage on shares of Starz Entertainment in a research report on Monday, September 14th. They set a “market outperform” rating and a $40.00 price objective on the stock. Citigroup began coverage on shares of Starz Entertainment in a report on Monday, September 14th. They issued an “outperform” rating for the company. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $30.00 target price on shares of Starz Entertainment in a research report on Tuesday, August 18th. Two analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $33.71.
View Our Latest Research Report on Starz Entertainment
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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