Starz Entertainment Corp. (NASDAQ:STRZ - Get Free Report) insider James Kapenstein purchased 460 shares of the firm's stock in a transaction that occurred on Monday, November 2nd. The stock was acquired at an average price of $22.84 per share, for a total transaction of $10,506.40. Following the completion of the purchase, the insider directly owned 12,762 shares of the company's stock, valued at $291,484.08. This represents a 3.74% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link.
Starz Entertainment Price Performance
NASDAQ:STRZ opened at $23.36 on Wednesday. Starz Entertainment Corp. has a 52 week low of $8.40 and a 52 week high of $32.58. The firm's 50-day simple moving average is $24.50 and its 200 day simple moving average is $20.66. The company has a quick ratio of 0.33, a current ratio of 0.33 and a debt-to-equity ratio of 2.59.
Starz Entertainment (NASDAQ:STRZ - Get Free Report) last issued its quarterly earnings data 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). The business had revenue of $322.40 million during the quarter. Starz Entertainment had a negative return on equity of 34.04% and a negative net margin of 32.52%. On average, analysts forecast that Starz Entertainment Corp. will post -6.12 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Starz Entertainment during the second quarter valued at approximately $35,599,000. NewEdge Wealth LLC bought a new stake in Starz Entertainment during the second quarter worth $13,911,000. Ancora Advisors LLC acquired a new stake in shares of Starz Entertainment in the 2nd quarter valued at $11,826,000. Bank of New York Mellon Corp acquired a new stake in shares of Starz Entertainment in the 2nd quarter valued at $9,018,000. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of Starz Entertainment in the 2nd quarter valued at $8,027,000.
Trending Headlines about Starz Entertainment
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.
Analyst Ratings Changes
STRZ has been the topic of several analyst reports. Citizens Jmp started coverage on Starz Entertainment in a report on Monday, September 14th. They set a "market outperform" rating and a $40.00 target price on the stock. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Starz Entertainment in a research note on Tuesday, October 27th. Deutsche Bank Aktiengesellschaft reaffirmed 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 upgraded shares of Starz Entertainment from a "sell" rating to a "hold" rating in a research note on Saturday. Finally, Morgan Stanley set a $30.00 price objective on shares of Starz Entertainment in a research note on Monday, August 10th. Two equities research 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. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $33.71.
Get Our Latest Stock Analysis on Starz Entertainment
Starz Entertainment Company Profile
(
Get Free Report)
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.
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