CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) CEO Clinton Larry Stinchcomb sold 80,000 shares of the company's stock in a transaction on Monday, June 16th. The shares were sold at an average price of $4.70, for a total transaction of $376,000.00. Following the completion of the sale, the chief executive officer now owns 2,005,827 shares of the company's stock, valued at approximately $9,427,386.90. This trade represents a 3.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Clinton Larry Stinchcomb also recently made the following trade(s):
- On Friday, June 13th, Clinton Larry Stinchcomb sold 252,486 shares of CuriosityStream stock. The stock was sold at an average price of $4.68, for a total transaction of $1,181,634.48.
CuriosityStream Price Performance
Shares of CURI stock traded up $0.05 during trading hours on Tuesday, reaching $4.86. The company had a trading volume of 278,609 shares, compared to its average volume of 353,436. CuriosityStream Inc. has a 1-year low of $0.99 and a 1-year high of $7.15. The firm has a market cap of $280.24 million, a price-to-earnings ratio of -17.41 and a beta of 1.79. The company has a 50 day moving average of $4.67 and a 200 day moving average of $3.08.
CuriosityStream (NASDAQ:CURI - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.02. CuriosityStream had a negative net margin of 28.56% and a negative return on equity of 22.18%. The business had revenue of $15.09 million during the quarter, compared to the consensus estimate of $14.95 million. As a group, sell-side analysts forecast that CuriosityStream Inc. will post -0.2 EPS for the current fiscal year.
CuriosityStream Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 6.58%. The ex-dividend date of this dividend is Friday, June 6th. CuriosityStream's dividend payout ratio (DPR) is currently -228.57%.
Institutional Trading of CuriosityStream
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Manatuck Hill Partners LLC increased its position in shares of CuriosityStream by 14.4% in the fourth quarter. Manatuck Hill Partners LLC now owns 550,000 shares of the company's stock worth $842,000 after purchasing an additional 69,100 shares during the last quarter. Renaissance Technologies LLC boosted its stake in CuriosityStream by 9.7% during the fourth quarter. Renaissance Technologies LLC now owns 470,900 shares of the company's stock worth $720,000 after acquiring an additional 41,454 shares in the last quarter. Geode Capital Management LLC raised its holdings in CuriosityStream by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 330,615 shares of the company's stock worth $506,000 after buying an additional 7,669 shares during the last quarter. Informed Momentum Co LLC purchased a new stake in shares of CuriosityStream during the first quarter valued at $788,000. Finally, Penn Mutual Asset Management bought a new position in shares of CuriosityStream during the 1st quarter valued at $657,000. 6.79% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on CURI shares. Barrington Research raised shares of CuriosityStream from a "market perform" rating to an "outperform" rating and set a $6.00 target price on the stock in a research report on Wednesday, May 7th. Needham & Company LLC lifted their target price on CuriosityStream from $2.95 to $4.80 and gave the stock a "buy" rating in a report on Wednesday, May 7th.
Get Our Latest Analysis on CURI
About CuriosityStream
(
Get Free Report)
CuriosityStream Inc operates as a factual content streaming service and media company. The company provides premium video and audio programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly via distribution partners who deliver CuriosityStream content via distributor's platform or system, as well as through bundled content licenses for SVoD and linear offerings, talks and courses, and partner bulk sales.
Further Reading
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