Starz Entertainment (NASDAQ:STRZ) Major Shareholder Allen Family Capital, Llc Sells 59,288 Shares of Stock

Starz Entertainment Corp. (NASDAQ:STRZ) major shareholder Allen Family Capital, Llc sold 59,288 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $26.31, for a total transaction of $1,559,867.28. Following the completion of the transaction, the insider owned 1,144,498 shares of the company’s stock, valued at approximately $30,111,742.38. This represents a 4.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s stock 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 transaction 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 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 transaction 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 transaction of $18,639.90.
• 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 transaction of $2,358,986.76.
• On Wednesday, September 16th, Allen Family Capital, Llc sold 17,700 shares of Starz Entertainment stock. The stock was 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 value 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 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 Performance

NASDAQ STRZ opened at $21.74 on Friday. The stock has a market capitalization of $372.28 million, a price-to-earnings ratio of -0.85 and a beta of 2.55. The stock has a 50-day moving average of $24.81 and a 200 day moving average of $20.49. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 2.05. Starz Entertainment Corp. has a twelve month low of $8.40 and a twelve month high of $32.58.

Starz Entertainment (NASDAQ:STRZ) last issued its quarterly earnings data on Thursday, October 29th. The company reported ($2.02) EPS 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 net margin of 33.98% and a negative return on equity of 25.64%. Sell-side analysts anticipate that Starz Entertainment Corp. will post -6.12 EPS for the current fiscal year.

Hedge Funds Weigh In On Starz Entertainment

A number of hedge funds have recently made changes to their positions in STRZ. BlackRock Inc. purchased a new position in shares of Starz Entertainment in the second quarter valued at approximately $35,599,000. NewEdge Wealth LLC acquired a new stake in shares of Starz Entertainment in the second quarter worth approximately $13,911,000. Ancora Advisors LLC purchased a new stake in shares of Starz Entertainment during the second quarter worth approximately $11,826,000. Bank of New York Mellon Corp purchased a new stake in shares of Starz Entertainment during the second quarter worth approximately $9,018,000. Finally, Jefferies Financial Group Inc. acquired a new position in Starz Entertainment in the 2nd quarter valued at $8,027,000.

Key Headlines Impacting Starz Entertainment

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

• Positive Sentiment: Starz reported third-quarter revenue of approximately $322.4 million, ahead of expectations, with total and OTT revenue increasing both sequentially and year over year. Adjusted OIBDA more than doubled from a year earlier. Starz Entertainment Corp. Reports Results for the Third Quarter Ended September 30, 2026
• Positive Sentiment: Management narrowed the net loss to $34.8 million as streaming performance helped offset declines in the linear television business. The company reaffirmed its 2026 and 2027 targets, including OTT revenue growth, leverage reduction, adjusted OIBDA growth and unlevered free cash flow, as well as its goal of a 20% adjusted OIBDA margin in the second half of 2027. Starz narrows net loss to $34.8 million as streaming offsets linear declines
• Neutral Sentiment: Starz said it is emphasizing owned original programming, which could improve long-term economics and provide greater control over its content slate, but the strategy will require continued execution in a competitive direct-to-consumer market. Starz Q3 Revenue Grows, Losses Narrow As It Starts To Unlock Financial Upside Of Increased Ownership In Slate
• Negative Sentiment: Quarterly adjusted losses were approximately $2.02 to $2.14 per share, substantially worse than analyst estimates ranging from $1.33 to $1.63 per share, although the loss improved from the year-ago period. The earnings miss likely overshadowed the revenue beat and improving operating metrics. Starz Entertainment Corp. Reports Q3 Loss, Tops Revenue Estimates
• Negative Sentiment: Allen Family Capital disclosed a series of sales totaling several million dollars between August and September, materially reducing its position. The transactions may weigh on sentiment because they signal selling by a major shareholder, though the sales occurred before the latest earnings report. SEC ownership filing

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on STRZ. Citigroup initiated coverage on shares of Starz Entertainment in a research note on Monday, September 14th. They issued an “outperform” rating on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $30.00 price objective on shares of Starz Entertainment in a research report on Tuesday, August 18th. Wall Street Zen downgraded shares of Starz Entertainment from a “hold” rating to a “sell” rating in a report on Saturday, July 25th. Morgan Stanley set a $30.00 price objective on shares of Starz Entertainment in a report on Monday, August 10th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Starz Entertainment in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $32.71.

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.