Starz Entertainment Corp. (NASDAQ:STRZ – Get Free Report) major shareholder Allen Family Capital, Llc sold 17,027 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $25.23, for a total value of $429,591.21. Following the completion of the sale, the insider owned 1,751,973 shares in the company, valued at approximately $44,202,278.79. This represents a 0.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 value 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 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 stock was 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 stock was 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 shares were 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 shares were 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 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.
Starz Entertainment Price Performance
Shares of STRZ opened at $22.09 on Friday. Starz Entertainment Corp. has a 1-year low of $8.40 and a 1-year high of $32.58. The stock has a market cap of $378.18 million, a PE ratio of -0.91 and a beta of 2.55. 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 fifty day moving average price of $24.72 and a 200 day moving average price of $20.55.
Starz Entertainment (NASDAQ:STRZ – Get Free Report) last posted its earnings results on Thursday, October 29th. The company reported ($2.02) 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 for the quarter. As a group, sell-side analysts anticipate that Starz Entertainment Corp. will post -6.12 EPS for the current year.
Institutional Trading of Starz Entertainment
Several hedge funds have recently made changes to their positions in the company. Legal & General Group Plc acquired a new stake in Starz Entertainment in the second quarter valued at about $34,000. State of Wyoming acquired a new position in Starz Entertainment during the 3rd quarter worth approximately $184,000. Sei Investments Co. purchased a new position in shares of Starz Entertainment during the 1st quarter worth approximately $190,000. Persistent Asset Partners Ltd purchased a new position in Starz Entertainment in the second quarter worth $196,000. Finally, Deutsche Bank AG purchased a new position in shares of Starz Entertainment in the 2nd quarter valued at about $342,000.
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
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on STRZ. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $30.00 price target on shares of Starz Entertainment in a research note on Tuesday, August 18th. Wall Street Zen upgraded Starz Entertainment from a “sell” rating to a “hold” rating in a research note on Saturday. Raymond James Financial raised 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. Morgan Stanley set a $30.00 target price on shares of Starz Entertainment in a research report on Monday, August 10th. Finally, Citizens Jmp began coverage on shares of Starz Entertainment in a research report on Monday, September 14th. They set a “market outperform” rating and a $40.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Starz Entertainment currently has a consensus rating of “Moderate Buy” and an average target price of $33.71.
Check Out Our Latest Analysis on Starz Entertainment
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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