Brokerages Set Starz Entertainment Corp. (NASDAQ:STRZ) Price Target at $30.50

Shares of Starz Entertainment Corp. (NASDAQ:STRZ) have received an average rating of “Buy” from the four research firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $30.50.

A number of research analysts have weighed in on the stock. Benchmark assumed coverage on shares of Starz Entertainment in a report on Wednesday, July 9th. They issued a “buy” rating and a $39.00 price objective for the company. TD Cowen upgraded shares of Starz Entertainment to a “hold” rating in a research report on Tuesday, May 13th. Wall Street Zen lowered shares of Starz Entertainment from a “hold” rating to a “sell” rating in a research report on Saturday, July 26th. Raymond James Financial reiterated an “outperform” rating and issued a $22.00 target price (up previously from $19.00) on shares of Starz Entertainment in a research report on Friday, May 30th. Finally, Seaport Res Ptn upgraded shares of Starz Entertainment to a “strong-buy” rating in a research report on Sunday, May 18th.

Starz Entertainment Price Performance

Shares of Starz Entertainment stock opened at $14.18 on Friday. The business’s fifty day simple moving average is $16.33. Starz Entertainment has a 1 year low of $8.00 and a 1 year high of $22.98.

Insider Transactions at Starz Entertainment

In related news, Director Mark H. Md Rachesky acquired 353,334 shares of the firm’s stock in a transaction dated Monday, June 2nd. The shares were purchased at an average cost of $14.15 per share, for a total transaction of $4,999,676.10. Following the acquisition, the director owned 471,153 shares in the company, valued at $6,666,814.95. The trade was a 299.90% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joshua W. Sapan bought 5,500 shares of Starz Entertainment stock in a transaction on Tuesday, June 3rd. The shares were acquired at an average price of $17.98 per share, for a total transaction of $98,890.00. Following the completion of the acquisition, the director owned 5,500 shares in the company, valued at $98,890. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of STRZ. CWM LLC purchased a new position in Starz Entertainment during the second quarter worth about $33,000. Nisa Investment Advisors LLC acquired a new position in Starz Entertainment during the second quarter worth about $62,000. Congress Park Capital LLC acquired a new position in Starz Entertainment during the second quarter worth about $181,000. Wolverine Asset Management LLC acquired a new position in Starz Entertainment during the second quarter worth about $308,000. Finally, Peregrine Capital Management LLC acquired a new position in Starz Entertainment during the second quarter worth about $654,000.

About Starz Entertainment

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.”