Starz Entertainment (NASDAQ:STRZ) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Starz Entertainment (NASDAQ:STRZ) from a sell rating to a hold rating in a report issued on Saturday morning.

Several other equities analysts have also commented on STRZ. Zacks Research upgraded shares of Starz Entertainment to a “hold” rating in a research report on Wednesday, September 17th. Weiss Ratings reiterated a “sell (e)” rating on shares of Starz Entertainment in a research report on Monday, December 8th. Robert W. Baird began coverage on Starz Entertainment in a report on Friday, September 5th. They set a “neutral” rating and a $13.00 price target on the stock. Morgan Stanley reduced their price objective on shares of Starz Entertainment from $14.00 to $13.00 and set an “equal weight” rating for the company in a report on Friday, November 14th. Finally, Baird R W raised shares of Starz Entertainment to a “hold” rating in a research note on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $20.00.

Starz Entertainment Stock Performance

Shares of NASDAQ STRZ opened at $11.67 on Friday. The stock’s 50 day moving average price is $11.18 and its two-hundred day moving average price is $13.73. Starz Entertainment has a 52-week low of $8.00 and a 52-week 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 business had revenue of $836.40 million for the quarter.

Insider Transactions at Starz Entertainment

In other news, CEO Jeffrey Hirsch acquired 30,000 shares of Starz Entertainment stock in a transaction on Tuesday, November 18th. The stock was bought at an average cost of $11.21 per share, with a total value of $336,300.00. Following the completion of the purchase, the chief executive officer owned 198,690 shares of the company’s stock, valued at $2,227,314.90. This represents a 17.78% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Hedge Funds Weigh In On Starz Entertainment

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Alpine Global Management LLC purchased a new stake in shares of Starz Entertainment in the third quarter valued at $1,948,000. Advisory Services Network LLC acquired a new position in shares of Starz Entertainment in the 3rd quarter valued at about $36,000. Prelude Capital Management LLC purchased a new stake in shares of Starz Entertainment in the third quarter worth approximately $220,000. Bank of America Corp DE boosted its holdings in shares of Starz Entertainment by 151.0% during the third quarter. Bank of America Corp DE now owns 80,868 shares of the company’s stock worth $1,191,000 after purchasing an additional 48,656 shares during the period. Finally, Ancora Advisors LLC increased its stake in Starz Entertainment by 547.1% in the 3rd quarter. Ancora Advisors LLC now owns 175,325 shares of the company’s stock valued at $2,583,000 after buying an additional 148,230 shares during the period.

About Starz Entertainment

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.”