LGF.B LIONS GATE ENTERTAINMENT CORP /CN/ Insider Trading

Scott D Macdonald bought 5,000 shares at $20.59 on 2026-05-12, then sold 12,185 shares at $0.00 the next day at STRZ.

Scott D Macdonald executed a buy of 5,000 shares at $20.59, paying $102,950.00, followed by an unusual sale of 12,185 shares at $0.00 the next day. The zero-dollar sale suggests this was a non-cash transaction (likely stock swap, merger-related exchange, or similar corporate action) rather than an open-market disposition. The company faces significant headwinds: revenue declined -65.9% year-over-year, net income was $-164.9M, and the stock is -14.5% from its 52-week high despite a +24.7% bounce over the past 30 days. The insider's post-transaction holding of 65.7K shares declined 1,621 shares net since August 2025, a modest reduction from a base of 67.3K shares. The sharp revenue contraction and sustained unprofitability warrant monitoring of whether insiders maintain conviction in the turnaround or if further selling accelerates.

Hirsch (CEO) buys 10,000 shares; 4th open-market purchase in 7 months despite stock trading below 52-week high and company's unprofitable trajectory.

Jeffrey Hirsch, President and CEO, purchased shares in what is now his fourth open-market buy at STARZ Entertainment in less than a year, acquiring 10,000 shares as the stock trades notably below its 52-week high. His prior three purchases at this company were all well-timed at the 30-day mark, though the stock subsequently declined over the following 90 days in each case, highlighting conflicting outcomes depending on timeframe. The company is unprofitable with significant recent revenue declines and ongoing quarterly losses, meaning Hirsch is buying shares in a struggling entertainment business, not one posting turnarounds or margin expansion. Despite these fundamentals and the mixed long-term results from his previous purchases, his consistent return to the market suggests he remains interested in accumulating shares, though the pattern of short-term gains followed by longer-term deterioration in the stock warrants close attention to what catalysts (if any) might reverse the downward trajectory.

10% Owner Liberty 77 Capital sells entire 1,803,786 share stake (100%) for $25.0M at $13.86, while company trails 52-week high by 27.0%

Liberty 77 Capital's complete liquidation of its 1,803,786 shares represents the elimination of a major shareholder position in an economically distressed company. The sale at $13.86 occurred while the stock trades 27.0% below its 52-week high, and STARZ faces significant operational headwinds: annual revenue contracted 65.9%, the company posted a net loss of $52,600,000 in the latest quarter, and its market cap of $256,752,926.10 now sits only modestly above the $25.0M value of this single exit. This complete stake liquidation by a 10% holder, rather than a partial position trim, suggests fundamental reassessment of conviction rather than a routine rebalancing adjustment. The insider's cross-ticker track record shows a 62.50% 90-day win rate with an average 90-day return of +10.4%, yet this sale occurs in a company facing structural revenue decline and persistent unprofitability, raising questions about near-term capital preservation priorities within the broader portfolio context.

Director Burns sold 94,166 shares ($1.1M) across 3 transactions at $10.68–$11.76 vs. $12.54 current price amid -65.9% annual revenue decline.

Michael Raymond Burns, a director of STRZ, executed 3 separate sales totaling 94,166 shares for $1,051,516.52, reducing his holdings by -54.8% from 171,935 shares to 77,769 shares. The sales occurred at $10.68–$11.76, below the current market price of $12.54, and coincided with a period of significant financial deterioration: the company reported annual revenue growth of -65.9%, posted a full-year net income of $-52,600,000.00, and trades at -40.2% from its 52-week high. The near-complete liquidation of a director's position during a period of material revenue contraction and unprofitability raises questions about near-term confidence in the business trajectory and warrant deeper examination of underlying operational trends.

CEO Hirsch Jeffrey purchased 30,000 shares across 2 transactions for $336,442.12, raising stake 17.8% to 198.7K shares at STRZ.

Jeffrey Hirsch, President and CEO of STARZ ENTERTAINMENT, executed two separate open-market purchases totaling 30,000 shares (30.0K shares) for $336,442.12 ($336.4K) on 2025-11-18, with a blended average price of $11.21. This increased his holdings by 17.8% from 168.7K shares to 198.7K shares. The purchase occurs in a notably challenged environment: the company reported annual revenue decline of -65.9%, current quarterly revenue of $320.9M, and is unprofitable with net income of $-52.6M. The stock is currently trading at $11.04, down 47.3% from its 52-week high of $20.96 and down 16.2% over the prior 90 days. Hirsch's prior purchase at this ticker on 2025-08-19 yielded a 90-day return of -18.7%, indicating his previous accumulation was poorly timed relative to subsequent price action, though this current filing is a new transaction and merits separate evaluation.

Director Harry Sloan buys 15,796 shares across 3 purchases (avg $12.78) while STRZ down -21.9% in 90 days amid -65.9% revenue decline.

Harry Sloan, a Director of STARZ, executed 3 separate purchases totaling 15,796 shares for $201,895.92 over August 19–21, raising his holdings by 59.7% from 26,464 to 42,260 shares. This occurs while the stock trades -37.2% below its 52-week high of $20.96 and has fallen -21.9% over both the 30-day and 90-day periods. The company is unprofitable, posting a net loss of $-42,500,000.00 in its latest quarter and annual revenue has contracted -65.9% year-over-year. A cluster pattern is present: 2 other insiders also bought within the past 14 days. The blended purchase price of $12.78 sits 3% below the current price of $13.17, indicating the purchases occurred near recent lows but ahead of modest recovery, though whether this reflects conviction or other motivations cannot be determined from price action alone.

Director Mann Bruce buys 5,000 STRZ shares at $12.67; cluster activity amid -65.9% revenue collapse and -$42.5M net loss

Mann Bruce (Director) purchased 5,000 shares at $12.67 on 2025-08-19, increasing his holdings by 81.8% from 6,112 to 11,112 shares. The purchase occurs within a cluster pattern: 2 other insiders also bought within the past 14 days. However, this buying activity takes place against a deteriorating fundamental backdrop—annual revenue declined 65.9%, the company is unprofitable with net income of -$42.5M on quarterly revenue of $319.7M, and the stock has declined 35.6% from its 52-week high and 19.4% over the past 30 days. Bruce's prior two buys at this ticker showed mixed near-term results (30-day returns of -2.1% and +1.2%), and his cross-ticker track record shows an average 30-day return of -0.4% on 2 prior buys, with no instances of well-timed 90-day outcomes.

STRZ insider Hirsch Jeffrey buys 15,000 shares at $12.78; cluster buy pattern with 2 others in 14 days; stock -37.7% YTD, firm unprofitable.

Hirsch Jeffrey purchased 15,000 shares of STARZ at $12.78 on 2025-08-19, increasing his holdings to 168,690 shares. This transaction is part of a cluster buy pattern with 2 other insiders purchasing within the past 14 days, suggesting coordinated accumulation during a period of significant stock weakness. STRZ stock trades at -37.7% from its 52-week high of $20.96 and has declined -17.8% over the past 30 days. The company faces fundamental headwinds: annual revenue growth contracted -65.9% year-over-year and the firm posted a net loss of $-42,500,000.00 in its most recent full fiscal year. The cluster buying pattern warrants investor attention as a potential signal of insider positioning, though the company's deteriorating financial performance and continued downward price momentum present material risk factors.

STRZ Director Mann Bruce purchases 5,000 shares for $83,850 across 2 transactions; part of coordinated cluster buy by 3+ insiders in 14-day window

Director Mann Bruce purchased 5,000 shares (5.0K shares) at a blended average price of $16.77, below the current price of $17.14, in 2 separate transactions on 2025-06-13. The purchase occurs within a 14-day cluster window in which 3 other insiders also bought, suggesting coordinated director-level confidence in valuation at a recently public company (27 trading days post-listing). The company generated revenue of $970,500,000.00 in its latest quarter but posted a net loss of $-21,900,000.00, with full-year net income negative. This insider accumulation during a period of negative profitability and recent market entry warrants attention to whether management views the current post-IPO valuation as attractive despite the unprofitable operating profile.

Director Simmons Hardwick buys 8,501 shares of STRZ at $16.35; cluster pattern with 2 other insiders buying in past 14 days.

Director Simmons Hardwick purchased 8,501 shares at $16.35 on 2025-06-05, increasing his holdings by 33.6% to 33,832 shares post-transaction. This buy is part of a cluster pattern: 2 other insiders also bought within the past 14 days. The company reported revenue of $970,500,000.00 in the latest quarter with net income of -$21,900,000.00, reflecting ongoing unprofitability despite 4.2% annual revenue growth. The coincident purchases by multiple insiders within a compressed timeframe warrant attention, particularly given the company's recent IPO status (23 trading days) and current unprofitable operations.