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Starz (NASDAQ:STRZA) VP J. Steven Beabout unloaded 29,085 shares of the stock on the open market in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $30.95, for a total transaction of $900,180.75. Following the transaction, the vice president now directly owns 31,742 shares in the company, valued at approximately $982,415. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at Goldman Sachs initiated coverage on shares of Starz in a research note on Monday, June 2nd. They set a “neutral” rating and a $33.00 price target on the stock. Separately, analysts at National Alliance Securities initiated coverage on shares of Starz in a research note on Friday, May 30th. They set a “buy” rating and a $36.66 price target on the stock. Finally, analysts at TheStreet downgraded shares of Starz from a “hold” rating to a “sell” rating in a research note on Tuesday, May 6th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company’s stock. Starz presently has a consensus rating of “Hold” and an average price target of $30.83.

Starz (NASDAQ:STRZA) traded down 0.39% on Monday, hitting $30.31. 753,805 shares of the company’s stock traded hands. Starz has a 52-week low of $21.11 and a 52-week high of $34.20. The stock’s 50-day moving average is $30.54 and its 200-day moving average is $30.08. The company has a market cap of $3.307 billion and a P/E ratio of 14.29.

Starz (NASDAQ:STRZA) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.56 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.53 by $0.03. The company had revenue of $420.00 million for the quarter, compared to the consensus estimate of $421.24 million. During the same quarter last year, the company posted $0.47 earnings per share. Starz’s revenue was up 5.2% compared to the same quarter last year. Analysts expect that Starz will post $2.15 EPS for the current fiscal year.

Starz, formerly Liberty Media Corporation, is an integrated global media and entertainment company with operating units that provide subscription video programming on domestic United States pay television channels (NASDAQ:STRZA), global content distribution (Starz Distribution) and animated television and movie production (Starz Animation).

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