Insider Selling: Starz Entertainment (NASDAQ:STRZ) Major Shareholder Sells $7,661,333.16 in Stock

Starz Entertainment Corp. (NASDAQ:STRZ) major shareholder Allen Family Capital, Llc sold 363,786 shares of the firm’s stock in a transaction dated Tuesday, September 29th. The shares were sold at an average price of $21.06, for a total value of $7,661,333.16. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own at least 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 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 value of $2,677,409.02.
• On Tuesday, September 22nd, Allen Family Capital, Llc sold 115,931 shares of Starz Entertainment stock. The stock was sold at an average price of $25.80, for a total value of $2,991,019.80.
• On Monday, September 21st, Allen Family Capital, Llc sold 249,255 shares of Starz Entertainment stock. The shares were sold at an average price of $25.96, for a total value of $6,470,659.80.
• On Friday, September 18th, Allen Family Capital, Llc sold 745 shares of Starz Entertainment stock. The shares were sold at an average price of $25.02, for a total value of $18,639.90.
• On Thursday, September 17th, Allen Family Capital, Llc sold 93,834 shares of Starz Entertainment stock. The shares were 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 stock was 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 stock was 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 stock was 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 Price Performance

NASDAQ:STRZ opened at $22.09 on Friday. Starz Entertainment Corp. has a 1-year low of $8.40 and a 1-year high of $32.58. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 2.05. The firm has a fifty day simple moving average of $24.72 and a 200 day simple moving average of $20.55. The stock has a market capitalization of $378.18 million, a PE ratio of -0.91 and a beta of 2.55.

Starz Entertainment (NASDAQ:STRZ) last posted its quarterly earnings results on Thursday, October 29th. The company reported ($2.02) EPS for the quarter, missing analysts’ consensus estimates of ($1.63) by ($0.39). The business had revenue of $322.40 million for the quarter. Starz Entertainment had a negative return on equity of 30.57% and a negative net margin of 32.52%. On average, research analysts expect that Starz Entertainment Corp. will post -6.12 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Starz Entertainment in a report on Tuesday. Wall Street Zen upgraded Starz Entertainment from a “sell” rating to a “hold” rating in a research note on Saturday. Raymond James Financial raised Starz Entertainment from an “outperform” rating to a “strong-buy” rating and set a $36.00 price target for the company in a report on Friday. Citigroup started coverage on shares of Starz Entertainment in a research report on Monday, September 14th. They set an “outperform” rating for the company. Finally, Citizens Jmp assumed coverage on shares of Starz Entertainment in a report on Monday, September 14th. They issued a “market outperform” rating and a $40.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Starz Entertainment presently has an average rating of “Moderate Buy” and an average target price of $33.71.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of STRZ. BlackRock Inc. acquired a new position in Starz Entertainment in the 2nd quarter valued at $35,599,000. Renaissance Technologies LLC bought a new position in Starz Entertainment during the 1st quarter worth $577,000. NewEdge Wealth LLC acquired a new stake in shares of Starz Entertainment during the second quarter worth $13,911,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in shares of Starz Entertainment during the second quarter worth $1,411,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Starz Entertainment during the second quarter worth $9,018,000.

Starz Entertainment News Roundup

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

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.