50,176 Shares in Starz Entertainment Corp. $STRZ Acquired by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Starz Entertainment Corp. (NASDAQ:STRZ) during the second quarter, HoldingsChannel.com reports. The firm bought 50,176 shares of the company’s stock, valued at approximately $806,000.

Several other institutional investors have also modified their holdings of STRZ. Congress Park Capital LLC purchased a new stake in shares of Starz Entertainment during the second quarter worth $181,000. CWM LLC purchased a new stake in Starz Entertainment during the 2nd quarter worth about $33,000. Kornitzer Capital Management Inc. KS purchased a new stake in Starz Entertainment during the 2nd quarter worth about $1,104,000. Nisa Investment Advisors LLC purchased a new position in shares of Starz Entertainment in the 2nd quarter valued at about $62,000. Finally, Y Intercept Hong Kong Ltd acquired a new position in shares of Starz Entertainment during the second quarter worth about $1,573,000.

Insider Transactions at Starz Entertainment

In related news, Director Harry Sloan acquired 8,100 shares of the firm’s stock in a transaction on Thursday, August 21st. The stock was bought at an average price of $12.98 per share, for a total transaction of $105,138.00. Following the completion of the purchase, the director directly owned 42,260 shares of the company’s stock, valued at approximately $548,534.80. The trade was a 23.71% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Starz Entertainment Stock Performance

Shares of Starz Entertainment stock opened at $11.57 on Wednesday. Starz Entertainment Corp. has a 52 week low of $8.00 and a 52 week high of $22.98. The company has a 50 day moving average of $12.38.

Starz Entertainment (NASDAQ:STRZ) last issued its earnings results on Thursday, February 3rd. The company reported $0.21 earnings per share (EPS) for the quarter. The company had revenue of $836.40 million during the quarter.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Zacks Research raised shares of Starz Entertainment to a “hold” rating in a report on Wednesday, September 17th. Morgan Stanley reduced their price objective on shares of Starz Entertainment from $14.00 to $13.00 and set an “equal weight” rating on the stock in a report on Friday, November 14th. Robert W. Baird began coverage on shares of Starz Entertainment in a research report on Friday, September 5th. They set a “neutral” rating and a $13.00 price objective for the company. JPMorgan Chase & Co. dropped their target price on Starz Entertainment from $16.00 to $13.00 and set a “neutral” rating on the stock in a report on Monday. Finally, Baird R W upgraded Starz Entertainment to a “hold” rating in a research note on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $20.00.

Starz Entertainment Company Profile

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.”