STRZ STARZ 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.