Starz Entertainment (NASDAQ:STRZ) Major Shareholder Liberty 77 Capital L.P. Sells 1,803,786 Shares of Stock

Starz Entertainment Corp. (NASDAQ:STRZ) major shareholder Liberty 77 Capital L.P. sold 1,803,786 shares of Starz Entertainment stock in a transaction on Friday, March 6th. The shares were sold at an average price of $13.86, for a total value of $25,000,473.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Starz Entertainment Trading Up 11.8%

STRZ stock opened at $15.30 on Friday. Starz Entertainment Corp. has a 12-month low of $8.00 and a 12-month high of $22.98. The business’s fifty day moving average price is $10.50 and its 200 day moving average price is $11.58.

Institutional Trading of Starz Entertainment

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Alpine Global Management LLC boosted its holdings in shares of Starz Entertainment by 12.5% in the 4th quarter. Alpine Global Management LLC now owns 148,703 shares of the company’s stock valued at $1,740,000 after buying an additional 16,472 shares in the last quarter. Beartown Capital Management LLC purchased a new position in shares of Starz Entertainment in the 4th quarter valued at $585,000. J. Goldman & Co LP raised its stake in Starz Entertainment by 21.6% during the 4th quarter. J. Goldman & Co LP now owns 255,690 shares of the company’s stock worth $2,992,000 after acquiring an additional 45,352 shares in the last quarter. AQR Capital Management LLC raised its stake in Starz Entertainment by 19.0% during the 4th quarter. AQR Capital Management LLC now owns 36,497 shares of the company’s stock worth $421,000 after acquiring an additional 5,830 shares in the last quarter. Finally, Trexquant Investment LP purchased a new stake in Starz Entertainment in the fourth quarter valued at $538,000.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on STRZ. Weiss Ratings reiterated a “sell (e)” rating on shares of Starz Entertainment in a research note on Monday, December 29th. Wall Street Zen lowered shares of Starz Entertainment from a “hold” rating to a “sell” rating in a research note on Sunday, December 21st. Morgan Stanley dropped their price objective on shares of Starz Entertainment from $13.00 to $12.00 and set an “equal weight” rating for the company in a report on Monday, March 2nd. Finally, JPMorgan Chase & Co. cut their target price on shares of Starz Entertainment from $16.00 to $13.00 and set a “neutral” rating on the stock in a research note on Monday, November 17th. Two equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $19.80.

Starz Entertainment News Roundup

Here are the key news stories impacting Starz Entertainment this week:

• Positive Sentiment: Byron Allen acquired roughly a 10.7–11% stake in Starz for about $25M, signaling a high‑profile media investor taking a significant position — the market is treating this as a vote of confidence and potential for strategic support. Deadline: Byron Allen Acquires 11% Stake In Starz For $25M Variety: Byron Allen Acquires 10.7% Stake
• Positive Sentiment: Company/market notices multiple confirmations and coverage of the transaction (press reports and a corporate filing), which reduces uncertainty about the buyer and supports the positive reaction. Investing.com: Starz stock gains after Byron Allen stake
• Neutral Sentiment: Content catalyst: the Outlander Season 8 premiere and related promotional coverage could boost subscriptions/engagement for Starz, but impact on near‑term revenue and subscriber metrics is uncertain. This is supportive longer‑term but not a guaranteed immediate earnings driver. Forbes: ‘Outlander’ Season 8: Start Time
• Negative Sentiment: Large shareholder Liberty 77 Capital L.P. (associated with Steve Mnuchin’s investment activity) sold 1,803,786 shares at an average $13.86 (≈$25M total) — a block sale that increases supply and could be viewed as profit‑taking or a lack of continued support from the prior major holder. SEC filing provided. SEC Filing: Liberty 77 Capital sale

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.