Investors who take an interest in Starz Entertainment Corp. (NASDAQ:STRZ) should definitely note that the President, Jeffrey Hirsch, recently paid US$24.80 per share to buy US$248k worth of the stock. Although the purchase only increased their holding by 6.4%, it is still a solid purchase in our view.
This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.
Starz Entertainment Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the Non-Executive Chair, Michael Burns, sold US$2.1m worth of shares at a price of US$11.76 per share. That means that an insider was selling shares at slightly below the current price (US$25.01). As a general rule we consider it to be discouraging when insiders are selling below the current price, because it suggests they were happy with a lower valuation. Please do note, however, that sellers may have a variety of reasons for selling, so we don’t know for sure what they think of the stock price. We note that the biggest single sale was 71% of Michael Burns’s holding. Michael Burns was the only individual insider to sell shares in the last twelve months.
Over the last year, we can see that insiders have bought 91.80k shares worth US$1.4m. On the other hand they divested 282.50k shares, for US$3.1m. Michael Burns divested 282.50k shares over the last 12 months at an average price of US$11.01. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!
View our latest analysis for Starz Entertainment
If you like to buy stocks that insiders are buying, rather than selling, then you might just love this freelist of companies. (Hint: Most of them are flying under the radar).
Does Starz Entertainment Boast High Insider Ownership?
Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Insiders own 3.0% of Starz Entertainment shares, worth about US$12m. While this is a strong but not outstanding level of insider ownership, it’s enough to indicate some alignment between management and smaller shareholders.
What Might The Insider Transactions At Starz Entertainment Tell Us?
The recent insider purchases are heartening. But we can’t say the same for the transactions over the last 12 months. The more recent transactions are a positive, but Starz Entertainment insiders haven’t shown the sustained enthusiasm that we look for, although they do own a decent number of shares, overall. In short they are likely aligned with shareholders. So these insider transactions can help us build a thesis about the stock, but it’s also worthwhile knowing the risks facing this company. Case in point: We’ve spotted 1 warning sign for Starz Entertainment you should be aware of.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this freelist of interesting companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
New:Manage All Your Stock Portfolios in One Place
We’ve created the ultimate portfolio companion for stock investors, and it’s free.
• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks
Have feedback on this article? Concerned about the content?Get in touchwith us directly.Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
People are still arguing about whether Nvidia’s chips are the fastest. What if Jensen just built a moat that has nothing to do with the chips?
About NasdaqGS:STRZ
Starz Entertainment
Provides subscription video programming services to consumers in the United States and Canada.
Undervalued with imperfect balance sheet.
Similar Companies
-
NasdaqGS:WBD
Warner Bros. Discovery
Market Insights
What Korea’s market says about your index fundMitchell Lawler
What does frontier-beating open sector might be its most misreadMitchell Lawler
Advertisement
Weekly Picks
davidlsanderon Optimi Health·9 days ago
OPTH: A licensed manufacturer already selling MDMA while peers still wait on trials
Fair Value:US$1260.4% undervalued
18followersusers have followed this narrative
·0commentsusers have commented on this narrative
·2likesusers have liked this narrative
FU
FundamentalFlowon Vertiv Holdings Co·10 days ago
The Short and Long Term Compounder of Liquid Cooling industry.
Fair Value:US$45035.9% undervalued
42followersusers have followed this narrative
·0commentsusers have commented on this narrative
·12likesusers have liked this narrative
JO
John_Ericon SPX Technologies·5 days ago
I Fell in Love With a Data-Center Cooling Stock. Then I Opened the Filings.
Fair Value:US$2037.5% overvalued
18followersusers have followed this narrative
·1commentusers have commented on this narrative
·4likesusers have liked this narrative
TR
tripledubon GQG Partners·about 9 hours ago
The Cheap Genius Problem
Fair Value:AU$3.2155.5% undervalued
29followersusers have followed this narrative
·0commentsusers have commented on this narrative
·20likesusers have liked this narrative
RecentlyUpdated Narratives
Ontologicalon JAG Berhad·about 1 hour ago
JAG Berhad’s Strategic Inflection and Path Ahead
Fair Value:RM 0.2929.3% overvalued
1followerusers have followed this narrative
·0commentsusers have commented on this narrative
·0likesusers have liked this narrative
ON
Ontologicalon Ryde Group·about 2 hours ago
Ryde Group Ltd (NYSE American: RYDE): A High-Growth Challenger in Asia’s Digital Mobility and Quick Commerce
Fair Value:US$8.1790.4% undervalued
1followerusers have followed this narrative
·0commentsusers have commented on this narrative
·0likesusers have liked this narrative
AN
andrei9868on eToro Group·about 3 hours ago
eToro ($ETOR): Looking Beyond the Trading App Label
Fair Value:US$4536.7% undervalued
1followerusers have followed this narrative
·0commentsusers have commented on this narrative
·0likesusers have liked this narrative
Popular Narratives
oscargarciaon NVIDIA·2 months ago
The company that went from selling GPUs to gamers to becoming the AI arms dealer of the 21st century.
Fair Value:US$28020.0% undervalued
303followersusers have followed this narrative
·9commentsusers have commented on this narrative
·16likesusers have liked this narrative
CU
CubanEroson Microsoft·about 1 month ago
A wonderful business at reasonable price.
Fair Value:US$419.9117.3% overvalued
163followersusers have followed this narrative
·0commentsusers have commented on this narrative
·8likesusers have liked this narrative
KI
KiwiInveston Amazon.com·3 months ago
Amazon’s high growth, high tech segments propel its profits, while traditional segments plod along
Fair Value:US$475.0943.7% undervalued
184followersusers have followed this narrative
·1commentusers have commented on this narrative
·8likesusers have liked this narrative
