Shares of Starz (NASDAQ:STRZA) Sees Large Outflow of Money

Starz (NASDAQ:STRZA) : The total money flow in Starz (NASDAQ:STRZA) was negative ($2.52 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $4.84 million. In comparison, the inflow of money into the stock on upticks was $2.32 million. The uptick to downtick ratio was 0.48. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $2.95 million. The value of transactions on uptick was $0.27 million. The negative money flow of ($2.68 million) confirms the selling in Starz (NASDAQ:STRZA) on strength. The uptick to downtick ratio of block trades was 0.09. Starz (NASDAQ:STRZA) gained $0.27 at $27.79, a gain of 0.98% over the previous days close. However, the stock registered -3.2% in the week.


In an insider trading activity, Sagansky Jeffrey, director of Starz, unloaded 3,500 shares at an average price of $27.43 on May 9, 2016. The total amount of the transaction was worth $96,005, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. Currently the company Insiders own 7.1% of Starz shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -27.15% . Institutional Investors own 82.47% of Starz shares. During last six month period, the net percent change held by insiders has seen a change of -27.15%.

The company shares have dropped -39.09% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $46.59 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $26.99 and the 200 Day Moving Average price is recorded at $27.59. Starz (NASDAQ:STRZA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.83 and $26.94 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $28.36. The buying momentum continued till the end and the stock did not give up its gains. It closed at $28.25, notching a gain of 2.65% for the day. The total traded volume was 1,239,668 . The stock had closed at $27.52 on the previous day.

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.

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