Starz Entertainment (NASDAQ:STRZ) Given Average Rating of "Buy" by Analysts

Starz Entertainment (NASDAQ:STRZ - Get Free Report) has received an average rating of "Buy" from the four research firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $30.50.

Several equities analysts have recently commented on STRZ shares. Wall Street Zen upgraded shares of Starz Entertainment to a "hold" rating in a report on Thursday, May 22nd. Raymond James Financial reiterated an "outperform" rating and issued a $22.00 price objective (up from $19.00) on shares of Starz Entertainment in a report on Friday, May 30th. Benchmark initiated coverage on shares of Starz Entertainment in a report on Wednesday. They issued a "buy" rating and a $39.00 price objective for the company. Seaport Res Ptn raised shares of Starz Entertainment to a "strong-buy" rating in a research report on Sunday, May 18th. Finally, TD Cowen raised shares of Starz Entertainment to a "hold" rating in a research report on Tuesday, May 13th.

Starz Entertainment Stock Down 2.3%

Shares of Starz Entertainment stock traded down $0.39 on Wednesday, hitting $16.69. 89,018 shares of the company traded hands, compared to its average volume of 287,189. The stock's 50-day moving average is $15.97. Starz Entertainment has a 12-month low of $8.00 and a 12-month high of $22.98.

Insiders Place Their Bets

In other news, Director Mark H. Md Rachesky bought 353,334 shares of the business's stock in a transaction on 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 transaction, the director directly owned 471,153 shares in the company, valued at approximately $6,666,814.95. The trade was a 299.90% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Warner Bros. Discovery, Inc. sold 353,334 shares of the business's stock in a transaction on Monday, June 2nd. The stock was 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.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Starz Entertainment stock. Congress Park Capital LLC acquired a new stake in shares of Starz Entertainment (NASDAQ:STRZ - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 11,269 shares of the company's stock, valued at approximately $181,000.

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."