Shares of Starz Entertainment (NASDAQ:STRZ - Get Free Report) hit a new 52-week high during mid-day trading on Saturday . The company traded as high as $21.00 and last traded at $19.64, with a volume of 999847 shares. The stock had previously closed at $16.51.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on the stock. Seaport Res Ptn raised shares of Starz Entertainment to a "strong-buy" rating in a report on Sunday, May 18th. TD Cowen upgraded Starz Entertainment to a "hold" rating in a research report on Tuesday, May 13th. Wall Street Zen upgraded Starz Entertainment to a "hold" rating in a research report on Thursday, May 22nd. Finally, Raymond James reaffirmed an "outperform" rating and set a $22.00 price target (up previously from $19.00) on shares of Starz Entertainment in a research note on Friday, May 30th.
Check Out Our Latest Report on STRZ
Starz Entertainment Stock Performance
Insider Transactions at Starz Entertainment
In other news, Director Joshua W. Sapan acquired 5,500 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were bought at an average cost of $17.98 per share, for a total transaction of $98,890.00. Following the purchase, the director now directly owns 5,500 shares of the company's stock, valued at approximately $98,890. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Warner Bros. Discovery, Inc. sold 353,334 shares of the firm's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $14.15, for a total transaction of $4,999,676.10. The disclosure for this sale can be found here. Company insiders own 53.60% of the company's stock.
Starz Entertainment Company Profile
(
Get Free Report)
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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