Starz Entertainment (NASDAQ:STRZ) Now Covered by Benchmark

Research analysts at Benchmark assumed coverage on shares of Starz Entertainment (NASDAQ:STRZ - Get Free Report) in a research report issued on Wednesday, Marketbeat Ratings reports. The brokerage set a "buy" rating and a $39.00 price target on the stock. Benchmark's target price points to a potential upside of 133.67% from the stock's previous close.

Other equities analysts have also issued reports about the stock. Raymond James Financial reissued an "outperform" rating and set a $22.00 price objective (up from $19.00) on shares of Starz Entertainment in a report on Friday, May 30th. TD Cowen raised shares of Starz Entertainment to a "hold" rating in a report on Tuesday, May 13th. Seaport Res Ptn raised shares of Starz Entertainment to a "strong-buy" rating in a report on Sunday, May 18th. Finally, Wall Street Zen raised shares of Starz Entertainment to a "hold" rating in a report on Thursday, May 22nd. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Starz Entertainment currently has an average rating of "Moderate Buy" and an average target price of $30.50.

Starz Entertainment Stock Performance

Shares of NASDAQ:STRZ traded down $0.39 during trading on Wednesday, reaching $16.69. 89,018 shares of the company were exchanged, compared to its average volume of 287,189. The business's fifty day simple moving average is $15.97. Starz Entertainment has a 12-month low of $8.00 and a 12-month high of $22.98.

Insider Buying and Selling at Starz Entertainment

In other Starz Entertainment news, insider Warner Bros. Discovery, Inc. sold 353,334 shares of the firm's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $14.15, for a total value of $4,999,676.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joshua W. Sapan bought 5,500 shares of the stock in a transaction on Tuesday, June 3rd. The stock was purchased at an average price of $17.98 per share, with a total value of $98,890.00. Following the completion of the purchase, the director owned 5,500 shares of the company's stock, valued at $98,890. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 53.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Starz Entertainment

An institutional investor recently bought a new position in Starz Entertainment stock. Congress Park Capital LLC bought a new stake in Starz Entertainment (NASDAQ:STRZ - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 11,269 shares of the company's stock, valued at approximately $181,000.

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."