Starz Entertainment Corp. (NASDAQ:STRZ – Get Free Report) insider Alison Hoffman sold 13,661 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $21.42, for a total transaction of $292,618.62. Following the completion of the sale, the insider owned 94,419 shares of the company’s stock, valued at $2,022,454.98. This trade represents a 12.64% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Starz Entertainment Stock Performance
Shares of Starz Entertainment stock traded up $2.29 on Thursday, reaching $21.93. 544,636 shares of the stock were exchanged, compared to its average volume of 165,103. Starz Entertainment Corp. has a 1-year low of $8.40 and a 1-year high of $23.63. The business has a fifty day moving average price of $15.72 and a two-hundred day moving average price of $12.44. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.92.
Hedge Funds Weigh In On Starz Entertainment
Several hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its position in Starz Entertainment by 101.8% during the third quarter. BNP Paribas Financial Markets now owns 2,525 shares of the company’s stock worth $37,000 after purchasing an additional 1,274 shares in the last quarter. Russell Investments Group Ltd. purchased a new position in shares of Starz Entertainment in the second quarter valued at $28,000. Harbor Capital Advisors Inc. raised its stake in shares of Starz Entertainment by 9.9% during the 4th quarter. Harbor Capital Advisors Inc. now owns 23,107 shares of the company’s stock worth $270,000 after buying an additional 2,083 shares during the last quarter. Advisory Services Network LLC purchased a new stake in shares of Starz Entertainment in the 3rd quarter worth about $36,000. Finally, Legal & General Group Plc acquired a new stake in Starz Entertainment in the 2nd quarter valued at about $41,000.
Analyst Upgrades and Downgrades
View Our Latest Report on STRZ
Starz Entertainment Company Profile
Starz Entertainment (NASDAQ: STRZ) is a global media and entertainment company that operates premium subscription video services across linear television and digital streaming platforms. The company’s core offering includes the STARZ and STARZ ENCORE linear networks in the United States, alongside its STARZPLAY streaming service, which is available in North America, parts of Europe, Latin America and select Asian markets. Through its multi-platform distribution strategy, Starz delivers a combination of original programming, feature films and licensed series to a broad subscriber base.
At the heart of Starz Entertainment’s business is its investment in original content production.
Read More
- Five stocks we like better than Starz Entertainment
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Receive News & Ratings for Starz Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Starz Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.
