Shares of Starz Entertainment (NASDAQ:STRZ - Get Free Report) were up 4.4% during trading on Wednesday . The company traded as high as $16.70 and last traded at $16.51. Approximately 9,446 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 341,259 shares. The stock had previously closed at $15.81.
Analysts Set New Price Targets
A number of equities analysts have commented on STRZ shares. Seaport Res Ptn upgraded Starz Entertainment to a "strong-buy" rating in a research note on Sunday, May 18th. TD Cowen upgraded Starz Entertainment to a "hold" rating in a research note on Tuesday, May 13th. Raymond James Financial restated an "outperform" rating and issued a $22.00 target price (up from $19.00) on shares of Starz Entertainment in a research note on Friday, May 30th. Finally, Wall Street Zen upgraded Starz Entertainment to a "hold" rating in a research note on Thursday, May 22nd.
Check Out Our Latest Research Report on STRZ
Starz Entertainment Stock Performance
Insider Transactions at Starz Entertainment
In other Starz Entertainment news, Director Mark H. Md Rachesky acquired 353,334 shares of Starz Entertainment stock in a transaction dated Monday, June 2nd. The stock was acquired at an average cost of $14.15 per share, for a total transaction of $4,999,676.10. Following the completion of the transaction, the director now owns 471,153 shares in the company, valued at approximately $6,666,814.95. This represents a 299.90% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Joshua W. Sapan bought 5,500 shares of the company's stock in a transaction that occurred on Tuesday, June 3rd. The shares were purchased at an average cost of $17.98 per share, for a total transaction of $98,890.00. Following the acquisition, the director now owns 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. Insiders own 53.60% of the company's stock.
About Starz Entertainment
(
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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