Starz Entertainment (NASDAQ:STRZ - Get Free Report) Director Mark H. Md Rachesky acquired 353,334 shares of the business's stock in a transaction dated Monday, June 2nd. The stock was purchased at an average price of $14.15 per share, with a total value of $4,999,676.10. Following the acquisition, the director now owns 471,153 shares of the company's stock, valued at approximately $6,666,814.95. This trade represents a 299.90% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Starz Entertainment Trading Down 1.6%
Shares of NASDAQ:STRZ traded down $0.27 during trading on Friday, reaching $16.23. The stock had a trading volume of 60,807 shares, compared to its average volume of 408,134. Starz Entertainment has a 52 week low of $8.00 and a 52 week high of $22.98.
Wall Street Analysts Forecast Growth
STRZ has been the topic of several recent analyst reports. Raymond James restated an "outperform" rating and set a $22.00 price objective (up previously from $19.00) on shares of Starz Entertainment in a report on Friday, May 30th. Seaport Res Ptn raised Starz Entertainment to a "strong-buy" rating in a research report on Sunday, May 18th. Wall Street Zen upgraded Starz Entertainment to a "hold" rating in a report on Thursday, May 22nd. Finally, TD Cowen raised shares of Starz Entertainment to a "hold" rating in a research report on Tuesday, May 13th.
Get Our Latest Stock Report on STRZ
About Starz Entertainment
(
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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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