1,803,786 Shares in Starz Entertainment Corp. $STRZ Bought by Liberty 77 Capital L.P.

Liberty 77 Capital L.P. acquired a new stake in Starz Entertainment Corp. (NASDAQ:STRZ) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,803,786 shares of the company’s stock, valued at approximately $28,987,000. Starz Entertainment accounts for approximately 2.6% of Liberty 77 Capital L.P.’s portfolio, making the stock its 4th biggest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Starz Entertainment during the 2nd quarter worth approximately $806,000. Wolverine Asset Management LLC acquired a new stake in shares of Starz Entertainment in the 2nd quarter valued at approximately $308,000. Peregrine Capital Management LLC acquired a new stake in shares of Starz Entertainment in the 2nd quarter valued at approximately $654,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of Starz Entertainment in the second quarter valued at approximately $1,573,000. Finally, Nisa Investment Advisors LLC purchased a new position in shares of Starz Entertainment in the 2nd quarter valued at about $62,000.

Starz Entertainment Price Performance

Starz Entertainment stock opened at $10.80 on Wednesday. The stock has a fifty day simple moving average of $12.58. Starz Entertainment Corp. has a 12 month low of $8.00 and a 12 month high of $22.98.

Starz Entertainment (NASDAQ:STRZ) last issued its earnings results on Thursday, February 3rd. The company reported $0.21 earnings per share for the quarter. The company had revenue of $836.40 million during the quarter.

Insider Activity at Starz Entertainment

In related news, Director Harry Sloan purchased 8,100 shares of the company’s stock in a transaction on Thursday, August 21st. The shares were bought at an average cost of $12.98 per share, for a total transaction of $105,138.00. Following the transaction, the director owned 42,260 shares of the company’s stock, valued at $548,534.80. This represents a 23.71% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders acquired 15,796 shares of company stock worth $201,896 over the last quarter.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on STRZ shares. Weiss Ratings reaffirmed a “sell (e-)” rating on shares of Starz Entertainment in a report on Tuesday, October 14th. Robert W. Baird initiated coverage on Starz Entertainment in a report on Friday, September 5th. They set a “neutral” rating and a $13.00 target price on the stock. Morgan Stanley lowered their price target on shares of Starz Entertainment from $15.00 to $14.00 and set an “equal weight” rating for the company in a report on Friday, August 15th. Baird R W upgraded Starz Entertainment to a “hold” rating in a report on Friday, September 5th. Finally, Zacks Research upgraded shares of Starz Entertainment to a “hold” rating in a report on Wednesday, September 17th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $22.00.

Starz Entertainment Profile

Starz is a premium cable and streaming network owned by Starz Entertainment, which was formerly a part of Lionsgate. Starz had about 20 million subscribers in the U.S. and Canada as of Dec. 31, 2024. The company’s franchises include “Outlander” and “Power.”