Starz Entertainment Corp. (NASDAQ:STRZ – Get Free Report) major shareholder Allen Family Capital, Llc sold 67,159 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $25.16, for a total transaction of $1,689,720.44. Following the sale, the insider directly owned 1,672,179 shares of the company’s stock, valued at approximately $42,072,023.64. This represents a 3.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases 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 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 shares were sold at an average price of $25.96, for a total value 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 value 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 value 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.
Starz Entertainment Price Performance
Shares of NASDAQ STRZ opened at $22.09 on Friday. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.25 and a quick ratio of 0.25. The firm has a market capitalization of $378.18 million, a PE ratio of -0.91 and a beta of 2.55. Starz Entertainment Corp. has a 1-year low of $8.40 and a 1-year high of $32.58. The business’s fifty day moving average price is $24.72 and its two-hundred day moving average price is $20.55.
Starz Entertainment (NASDAQ:STRZ – Get Free Report) last announced 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). The firm had revenue of $322.40 million for the quarter. Starz Entertainment had a negative net margin of 32.52% and a negative return on equity of 30.57%. On average, research analysts expect that Starz Entertainment Corp. will post -6.12 EPS for the current year.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Legal & General Group Plc bought a new stake in shares of Starz Entertainment during the 2nd quarter worth about $34,000. Gamco Investors INC. ET AL lifted its stake in shares of Starz Entertainment by 4.3% in the 1st quarter. Gamco Investors INC. ET AL now owns 72,411 shares of the company’s stock worth $833,000 after acquiring an additional 3,000 shares during the period. Hsbc Holdings PLC boosted its holdings in shares of Starz Entertainment by 11.6% in the first quarter. Hsbc Holdings PLC now owns 40,747 shares of the company’s stock valued at $469,000 after acquiring an additional 4,243 shares in the last quarter. Persistent Asset Partners Ltd bought a new position in shares of Starz Entertainment in the second quarter valued at approximately $196,000. Finally, State of Wyoming acquired a new position in shares of Starz Entertainment during the third quarter valued at approximately $184,000.
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
Analyst Ratings Changes
STRZ has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $30.00 target price on shares of Starz Entertainment in a research note on Tuesday, August 18th. Citigroup initiated coverage on shares of Starz Entertainment in a research note on Monday, September 14th. They issued an “outperform” rating on the stock. Citizens Jmp assumed coverage on Starz Entertainment in a report on Monday, September 14th. They set a “market outperform” rating and a $40.00 price target on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Starz Entertainment in a report on Tuesday. Finally, Morgan Stanley set a $30.00 price objective on Starz Entertainment in a research report on Monday, August 10th. 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. According to MarketBeat.com, Starz Entertainment currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.71.
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.
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