Starz Entertainment Corp. (NASDAQ:STRZ – Get Free Report) major shareholder Allen Family Capital, Llc sold 745 shares of the firm’s stock in a transaction on Friday, September 18th. The shares were sold at an average price of $25.02, for a total value of $18,639.90. Following the sale, the insider directly owned 853,041 shares in the company, valued at approximately $21,343,085.82. This trade represents a 0.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company’s shares 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 shares were 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 transaction 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 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 shares were 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 transaction of $1,051,275.78.
- On Tuesday, September 1st, Allen Family Capital, Llc sold 140,712 shares of Starz Entertainment stock. The shares were 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.
- On Friday, August 21st, Allen Family Capital, Llc sold 156,705 shares of Starz Entertainment stock. The shares were sold at an average price of $26.56, for a total value of $4,162,084.80.
Starz Entertainment Stock Up 1.6%
Shares of NASDAQ:STRZ opened at $22.09 on Friday. The business’s 50 day moving average is $24.72 and its 200 day moving average is $20.55. Starz Entertainment Corp. has a 12-month low of $8.40 and a 12-month high of $32.58. The stock has a market cap of $378.18 million, a price-to-earnings ratio of -0.91 and a beta of 2.55. The company has a quick ratio of 0.25, a current ratio of 0.25 and a debt-to-equity ratio of 2.05.
Starz Entertainment (NASDAQ:STRZ – Get Free Report) last issued its quarterly earnings data 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 company 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, sell-side analysts forecast that Starz Entertainment Corp. will post -6.12 earnings per share for the current fiscal year.
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
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in STRZ. BlackRock Inc. purchased a new stake in shares of Starz Entertainment during the 2nd quarter valued at approximately $35,599,000. NewEdge Wealth LLC bought a new position in Starz Entertainment in the 2nd quarter worth approximately $13,911,000. Ancora Advisors LLC purchased a new position in Starz Entertainment in the 2nd quarter valued at approximately $11,826,000. Bank of New York Mellon Corp purchased a new position in Starz Entertainment in the 2nd quarter valued at approximately $9,018,000. Finally, Jefferies Financial Group Inc. purchased a new position in Starz Entertainment in the 2nd quarter valued at approximately $8,027,000.
Wall Street Analysts Forecast Growth
STRZ has been the topic of a number of recent analyst reports. Morgan Stanley set a $30.00 price target on Starz Entertainment in a report on Monday, August 10th. Citizens Jmp assumed coverage on Starz Entertainment in a research note on Monday, September 14th. They issued a “market outperform” rating and a $40.00 price objective for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Starz Entertainment in a research report on Tuesday. Wall Street Zen upgraded Starz Entertainment from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, Citigroup began coverage on shares of Starz Entertainment in a research report on Monday, September 14th. They set an “outperform” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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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