Byron Allen's Allen Family Capital Exits Entire Starz Stake, Sells 1.80M Shares
STRZ has more than doubled off its 52-week low of $8.4.
Summary
Allen Family Capital and Byron Allen Folks sold all 1,803,786 Starz shares between August 7 and September 29, 2026, dropping below 5% ownership on September 17 and now holding none.
Key Events · Ownership and Investor Activity · STRZ
-
Full Exit of 1.80M Shares
In a series of open-market trades from August 7 to September 29, 2026, Allen Family Capital and Byron Allen Folks disposed of 1,803,786 Common Shares, ending with zero beneficial ownership.
-
Dropped Below 5% on Sept 17
As of September 17, 2026, the reporting persons ceased to be beneficial owners of more than five percent of Common Shares.
-
Sale Prices $21.06 to $28.20
Per-share prices in Exhibit 1 ranged from $21.0590 (Sept 29) to $28.1983 (Aug 13), and the largest single block, 363,786 shares, sold at $21.0590.
-
No Remaining Overhang
With the position fully liquidated, this 13D holder no longer represents a supply overhang or a governance voice at Starz.
Analysis · STRZ · Trade & Services
The register loses an activist-style 13D holder outright: Allen Family Capital and Byron Allen Folks sold their entire 1,803,786-share position between August 7 and September 29, 2026, and fell below 5% ownership on September 17. Disclosed prices of $21.06 to $28.20 show the stock had already slid toward today's $21.74 as the block was absorbed. No overhang remains from this holder, but neither does an insider advocate pushing for change.
How filings like this one have moved
In the 30 days to Oct 29, 2026, 30.9% of the 1649 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, STRZ was trading at $21.74 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $372.3M. The 52-week trading range was $8.40 to $32.58. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.