Starz Entertainment (NASDAQ:STRZ) CEO Jeffrey Hirsch Buys 5,000 Shares of Stock

Starz Entertainment Corp. (NASDAQ:STRZ) CEO Jeffrey Hirsch bought 5,000 shares of Starz Entertainment stock in a transaction dated Monday, November 2nd. The stock was purchased at an average cost of $22.13 per share, for a total transaction of $110,650.00. Following the completion of the acquisition, the chief executive officer directly owned 70,000 shares of the company’s stock, valued at approximately $1,549,100. The trade was a 7.69% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Jeffrey Hirsch also recently made the following trade(s):

• On Monday, August 10th, Jeffrey Hirsch bought 10,000 shares of Starz Entertainment stock. The stock was purchased at an average price of $24.80 per share, for a total transaction of $248,000.00.

Starz Entertainment Price Performance

Shares of Starz Entertainment stock opened at $23.36 on Wednesday. The stock has a 50 day moving average of $24.50 and a 200 day moving average of $20.66. Starz Entertainment Corp. has a 12 month low of $8.40 and a 12 month high of $32.58. The company has a debt-to-equity ratio of 2.59, a current ratio of 0.33 and a quick ratio of 0.33.

Starz Entertainment (NASDAQ:STRZ) last released its quarterly earnings results 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). Starz Entertainment had a negative net margin of 32.52% and a negative return on equity of 34.04%. The firm had revenue of $322.40 million for the quarter. As a group, equities analysts expect that Starz Entertainment Corp. will post -6.12 EPS for the current fiscal year.

Key Starz Entertainment News

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

• Positive Sentiment: CEO Jeffrey Hirsch bought 5,000 shares at an average $22.13, while CFO Scott Macdonald bought 2,500 at $22.22. Insider James Kapenstein also added 460 shares. These purchases may signal confidence in the company’s prospects. Read More.; Read More.; Read More..
• Positive Sentiment: A recent earnings review highlighted OTT revenue growth, margin expansion and strong free cash flow, and said 2026 OIBDA guidance was raised to $220 million. It also pointed to owned content as a potential source of subscriber growth and licensing opportunities. Read More..
• Positive Sentiment: Raymond James upgraded Starz, adding a favorable analyst signal, although the supplied report does not specify the new rating or price target. Read More..
• Neutral Sentiment: Starz is backing an HBCU film festival at Howard University, offering participants industry exposure and Hollywood opportunities. The sponsorship may support the brand, but its near-term financial effect is unclear. Read More..
• Neutral Sentiment: Byron Allen reportedly sold his Starz investment for a $20 million gain. The profit highlights investor interest, but the sale itself is not evidence of a change in Starz’s business outlook. Read More..
• Negative Sentiment: Recent quarterly results showed an EPS loss of $2.02, wider than analysts’ expected $1.63 loss. Starz also has substantial debt and a low current ratio, tempering the positive operating commentary.

Analysts Set New Price Targets

Several brokerages recently weighed in on STRZ. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $30.00 price target on shares of Starz Entertainment in a research report on Tuesday, August 18th. Raymond James Financial upgraded 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 report on Friday, October 30th. Citizens Jmp assumed coverage on shares of 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. Morgan Stanley set a $30.00 price objective on shares of Starz Entertainment in a research note on Monday, August 10th. Finally, Wall Street Zen upgraded shares of Starz Entertainment from a “sell” rating to a “hold” rating in a report on Saturday. Two research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $33.71.

Institutional Investors Weigh In On Starz Entertainment

Institutional investors have recently modified their holdings of the stock. Hollow Brook Wealth Management LLC bought a new position in shares of Starz Entertainment during the 3rd quarter valued at approximately $360,000. State of Wyoming bought a new stake in Starz Entertainment in the third quarter worth $184,000. Ratan Capital Management LP bought a new stake in Starz Entertainment in the second quarter worth $368,000. Coastal Bridge Advisors LLC bought a new stake in Starz Entertainment in the second quarter worth $4,056,000. Finally, Jefferies Financial Group Inc. bought a new stake in Starz Entertainment in the second quarter worth $8,027,000.

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.