Key Points
- CEO Jeffrey Hirsch purchased 30,000 shares on November 18 at an average price of $11.21 per share for a total of $336,300, raising his direct stake to 198,690 shares (a 17.78% increase).
- Starz stock opened at $11.04, trading within a 12‑month range of $8.00 to $22.98 with a 50‑day simple moving average of $12.36.
- Analysts hold a consensus "Hold" rating with a $20 consensus price target, though recent reports from JPMorgan and Morgan Stanley cut targets to about $13 and kept neutral/equal‑weight ratings.
Starz Entertainment Corp. (NASDAQ:STRZ - Get Free Report) CEO Jeffrey Hirsch acquired 30,000 shares of the stock in a transaction on Tuesday, November 18th. The shares were acquired at an average price of $11.21 per share, with a total value of $336,300.00. Following the transaction, the chief executive officer directly owned 198,690 shares of the company's stock, valued at $2,227,314.90. The trade was a 17.78% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Starz Entertainment Stock Performance
Shares of NASDAQ STRZ opened at $11.04 on Thursday. Starz Entertainment Corp. has a 12-month low of $8.00 and a 12-month high of $22.98. The firm's 50-day simple moving average is $12.36.
Starz Entertainment (NASDAQ:STRZ - Get Free Report) last issued its quarterly earnings data on Thursday, February 3rd. The company reported $0.21 earnings per share for the quarter. The company had revenue of $836.40 million for the quarter.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on STRZ shares. Zacks Research raised shares of Starz Entertainment to a "hold" rating in a research note on Wednesday, September 17th. JPMorgan Chase & Co. decreased their target price on Starz Entertainment from $16.00 to $13.00 and set a "neutral" rating for the company in a research report on Monday. Morgan Stanley cut their price target on shares of Starz Entertainment from $14.00 to $13.00 and set an "equal weight" rating on the stock in a report on Friday, November 14th. Baird R W upgraded shares of Starz Entertainment to a "hold" rating in a report on Friday, September 5th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Starz Entertainment in a research report on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $20.00.
Check Out Our Latest Research Report on STRZ
Hedge Funds Weigh In On Starz Entertainment
A number of large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets grew its holdings in Starz Entertainment by 101.8% in the third quarter. BNP Paribas Financial Markets now owns 2,525 shares of the company's stock worth $37,000 after purchasing an additional 1,274 shares during the last quarter. Russell Investments Group Ltd. purchased a new position in shares of Starz Entertainment in the second quarter worth $28,000. CWM LLC purchased a new stake in shares of Starz Entertainment during the second quarter valued at $33,000. Advisory Services Network LLC acquired a new position in shares of Starz Entertainment in the 3rd quarter valued at $36,000. Finally, Legal & General Group Plc acquired a new stake in Starz Entertainment during the 2nd quarter worth about $41,000.
Starz Entertainment Company Profile
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Get Free Report)
Starz is a premium cable and streaming network owned by Starz Entertainment, which was formerly a part of Lionsgate. Starz had about 20 million subscribers in the U.S. and Canada as of Dec. 31, 2024. The company's franchises include “Outlander” and “Power."
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