Starz (STRZA): Jeffrey Sagansky , director of Starz sold 3,500 shares on May 9, 2016. The Insider selling transaction was reported by the company on May 11, 2016 to the Securities and Exchange Commission. The shares were sold at $27.43 per share for a total value of $96,005.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jan 8, 2016, Christopher Albrecht (Chief Executive Officer) sold 45,941 shares at $32.21 per share price.On Dec 4, 2015, Michael Thornton (EVP/CRO StrzMedia/Entertainm’t) sold 4,696 shares at $35.31 per share price.Also, On Nov 10, 2015, Daniel E. Sanchez (director) sold 1,006 shares at $34.54 per share price.On Sep 10, 2015, Charles Y Tanabe (director) sold 10,000 shares at $38.38 per share price.
Starz: On Tuesday, May 10, 2016 heightened volatility was witnessed in Starz which led to swings in the share price. The shares opened for trading at $27.39 and hit $27.95 on the upside , eventually ending the session at $27.64, with a gain of 0.91% or 0.25 points. The heightened volatility saw the trading volume jump to 7,92,132 shares. The 52-week high of the share price is $46.59 and the company has a market cap of $2,721 M . The 52-week low of the share price is at $20.33.
Company has been under the radar of several Street Analysts.Starz is Reiterated by Deutsche Bank to Buy and the brokerage firm has raised the Price Target to $ 47 from a previous price target of $44 .The Rating was issued on May 2, 2016.Starz is Upgraded by Credit Agricole to Outperform. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on May 2, 2016.Starz is Upgraded by Pivotal Research Group to Buy and the brokerage firm has raised the Price Target to $ 32 from a previous price target of $29 .Earlier the firm had a rating of Hold on the company shares. The Rating was issued on Apr 29, 2016.Starz is Initiated by Gabelli & Co to Buy and the brokerage firm has set the Price Target at $37. The Rating was issued on Mar 14, 2016.Starz is Reiterated by Pivotal Research Group to Hold while Lowering the Price Target of the company shares to $ 29 from a previous price target of $35 . The Rating was issued on Mar 1, 2016.
Starz is an integrated media and entertainment company. Starz is engaged in video programming and development production acquisition and distribution of entertainment content. The Company has three segments: Starz Networks Starz Distribution and Starz Animation. Starz Networks provides premium subscription video programming to multichannel video programming distributors (MVPDs) in the United States including cable operators satellite television providers and telecommunications companies. The Starz Distribution segment includes its Anchor Bay Entertainment Starz Digital and Starz Worldwide Distribution businesses. Starz Animation through Film Roman LLC develops and produces two-dimensional animated content for third party entertainment companies. The Company conducts its operations under the STARZ ENCORE MOVIEPLEX Anchor Bay Entertainment Starz Digital Starz Worldwide and Film Roman brand names.