Insider Selling: Starz Entertainment (NASDAQ:STRZ) Major Shareholder Sells $2,991,019.80 in Stock

Starz Entertainment Corp. (NASDAQ:STRZ) major shareholder Allen Family Capital, Llc sold 115,931 shares of Starz Entertainment stock in a transaction dated Tuesday, September 22nd. The stock was sold at an average price of $25.80, for a total transaction of $2,991,019.80. Following the completion of the transaction, the insider owned 487,855 shares of the company’s stock, valued at $12,586,659. The trade was a 19.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own 10% or more of a company’s stock 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 shares were sold at an average price of $21.58, for a total transaction of $2,677,409.02.
• 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 shares were 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 shares were 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 transaction 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 stock was sold at an average price of $26.56, for a total value of $4,162,084.80.

Starz Entertainment Price Performance

Starz Entertainment stock opened at $22.09 on Friday. The firm has a market capitalization of $378.18 million, a P/E ratio of -0.91 and a beta of 2.55. Starz Entertainment Corp. has a one year low of $8.40 and a one year high of $32.58. The company has a debt-to-equity ratio of 2.05, a current ratio of 0.25 and a quick ratio of 0.25. The business has a fifty day moving average price of $24.72 and a 200-day moving average price of $20.55.

Starz Entertainment (NASDAQ:STRZ) last released its quarterly earnings data on Thursday, October 29th. The company reported ($2.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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%. As a group, equities research analysts forecast that Starz Entertainment Corp. will post -6.12 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on STRZ shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $30.00 target price on shares of Starz Entertainment in a report on Tuesday, August 18th. Wall Street Zen raised shares of Starz Entertainment from a “sell” rating to a “hold” rating in a report on Saturday. Morgan Stanley set a $30.00 price objective on shares of Starz Entertainment in a research report on Monday, August 10th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Starz Entertainment in a research note on Tuesday. Finally, Raymond James Financial raised shares of Starz Entertainment from an “outperform” rating to a “strong-buy” rating and set a $36.00 price objective for the company in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $33.71.

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 have recently made changes to their positions in STRZ. Legal & General Group Plc purchased a new stake in shares of Starz Entertainment in the second quarter worth $34,000. Gamco Investors INC. ET AL boosted its stake in Starz Entertainment by 4.3% during the first quarter. Gamco Investors INC. ET AL now owns 72,411 shares of the company’s stock valued at $833,000 after buying an additional 3,000 shares during the period. Hsbc Holdings PLC grew its position in Starz Entertainment by 11.6% during the first quarter. Hsbc Holdings PLC now owns 40,747 shares of the company’s stock worth $469,000 after buying an additional 4,243 shares in the last quarter. Persistent Asset Partners Ltd purchased a new position in Starz Entertainment during the second quarter worth about $196,000. Finally, State of Wyoming purchased a new position in Starz Entertainment during the third quarter worth about $184,000.

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.