Starz Entertainment (NASDAQ:STRZ) Stock: Insider Jeffrey Hirsch Buys 5,000 Shares

Starz Entertainment Corp. (NASDAQ:STRZ) CEO Jeffrey Hirsch acquired 5,000 shares of Starz Entertainment stock in a transaction dated Monday, November 2nd. The stock was bought at an average price of $22.13 per share, with a total value of $110,650.00. Following the completion of the purchase, the chief executive officer directly owned 70,000 shares in the company, valued at $1,549,100. This represents a 7.69% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

Jeffrey Hirsch also recently made the following trade(s):

• On Monday, August 10th, Jeffrey Hirsch bought 10,000 shares of Starz Entertainment stock. The stock was bought at an average cost of $24.80 per share, for a total transaction of $248,000.00.

Starz Entertainment Stock Up 8.6%

Shares of NASDAQ:STRZ opened at $25.38 on Thursday. The company has a 50-day moving average price of $24.43 and a 200 day moving average price of $20.74. The company has a market cap of $434.61 million, a price-to-earnings ratio of -1.04 and a beta of 2.58. The company has a current ratio of 0.33, a quick ratio of 0.33 and a debt-to-equity ratio of 2.59. Starz Entertainment Corp. has a 12 month low of $8.40 and a 12 month high of $32.58.

Starz Entertainment (NASDAQ:STRZ) last announced its quarterly earnings results on Thursday, October 29th. The company reported ($2.02) earnings per share 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 34.04% and a negative net margin of 32.52%. As a group, equities research analysts predict that Starz Entertainment Corp. will post -6.12 earnings per share for the current year.

Analysts Set New Price Targets

STRZ has been the subject of a number of recent analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of Starz Entertainment in a research report on Tuesday, October 27th. Wall Street Zen raised shares of Starz Entertainment from a “sell” rating to a “hold” rating in a research note on Saturday, October 31st. Raymond James Financial raised shares of Starz Entertainment from an “outperform” rating to a “strong-buy” rating and set a $36.00 price target on the stock in a research note on Friday, October 30th. Morgan Stanley set a $30.00 price objective on Starz Entertainment in a report on Monday, August 10th. Finally, Citizens Jmp started coverage on Starz Entertainment in a report on Monday, September 14th. They set a “market outperform” rating and a $40.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Starz Entertainment currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.71.

Starz Entertainment News Roundup

Here are the key news stories impacting Starz Entertainment this week:

• Positive Sentiment: CEO Jeffrey Hirsch, CFO Scott Macdonald and insider James Kapenstein all bought shares on November 2, increasing their individual holdings. The purchases may signal confidence in Starz’s prospects. Insider purchase report
• Positive Sentiment: An earnings review cited OTT revenue growth, margin expansion and strong free cash flow, and reported that 2026 OIBDA guidance was raised to $220 million. The company’s investment in owned content could also support subscriber growth and licensing opportunities. Earnings review
• Neutral Sentiment: Starz is backing an HBCU film festival at Howard University, providing participants with industry exposure and potential Hollywood opportunities; the near-term financial impact is unclear. Festival coverage
• Neutral Sentiment: Byron Allen reportedly sold his Starz investment for a $20 million gain. The transaction shows he profited from the investment, but does not by itself indicate a change in the company’s business outlook. Report on Byron Allen’s investment
• Negative Sentiment: Starz’s latest reported quarter included an adjusted? EPS loss of $2.02, worse than the $1.63 loss analysts expected. Its low current ratio and relatively high debt burden are additional risks that may weigh on investor sentiment.

Hedge Funds Weigh In On Starz Entertainment

Institutional investors have recently bought and sold shares of the company. BlackRock Inc. purchased a new position in Starz Entertainment in the second quarter valued at approximately $35,599,000. NewEdge Wealth LLC purchased a new stake in shares of Starz Entertainment in the 2nd quarter valued at about $13,911,000. Ancora Advisors LLC purchased a new stake in shares of Starz Entertainment in the 2nd quarter valued at about $11,826,000. Bank of New York Mellon Corp purchased a new stake in shares of Starz Entertainment in the 2nd quarter valued at about $9,018,000. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of Starz Entertainment in the 2nd quarter valued at about $8,027,000.

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.