Starz Entertainment (NASDAQ:STRZ) Downgraded by Wall Street Zen to Sell

Starz Entertainment (NASDAQ:STRZ) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday.

Several other equities research analysts also recently commented on the stock. Zacks Research raised shares of Starz Entertainment to a “hold” rating in a research report on Wednesday, September 17th. Weiss Ratings reissued a “sell (e)” rating on shares of Starz Entertainment in a research note on Tuesday. Baird R W upgraded Starz Entertainment to a “hold” rating in a report on Friday, September 5th. Robert W. Baird started coverage on Starz Entertainment in a research report on Friday, September 5th. They set a “neutral” rating and a $13.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Starz Entertainment in a report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Starz Entertainment has an average rating of “Hold” and an average price target of $21.75.

Starz Entertainment Stock Down 6.3%

STRZ stock opened at $10.11 on Friday. The stock’s 50 day moving average is $12.45. Starz Entertainment has a 1 year low of $8.00 and a 1 year high of $22.98.

Starz Entertainment (NASDAQ:STRZ) last issued its quarterly earnings results on Thursday, February 3rd. The company reported $0.21 EPS for the quarter. The business had revenue of $836.40 million for the quarter.

Insider Transactions at Starz Entertainment

In other news, Director Harry Sloan acquired 8,100 shares of the business’s stock in a transaction dated Thursday, August 21st. The stock was purchased at an average cost of $12.98 per share, for a total transaction of $105,138.00. Following the acquisition, the director owned 42,260 shares of the company’s stock, valued at $548,534.80. This trade represents a 23.71% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders have purchased 15,796 shares of company stock worth $201,896 in the last three months. Insiders own 53.60% of the company’s stock.

Institutional Trading of Starz Entertainment

Large investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. bought a new position in shares of Starz Entertainment in the 2nd quarter worth about $28,000. CWM LLC bought a new position in shares of Starz Entertainment during the second quarter valued at approximately $33,000. BNP Paribas Financial Markets increased its stake in shares of Starz Entertainment by 101.8% during the third quarter. BNP Paribas Financial Markets now owns 2,525 shares of the company’s stock valued at $37,000 after purchasing an additional 1,274 shares in the last quarter. Legal & General Group Plc purchased a new position in shares of Starz Entertainment during the second quarter valued at approximately $41,000. Finally, New York State Common Retirement Fund bought a new stake in shares of Starz Entertainment in the 2nd quarter worth approximately $48,000.

Starz Entertainment Company Profile

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.”