CuriosityStream Inc. (NASDAQ:CURI) Director Sells $484,235.10 in Stock

CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) Director John S. Hendricks sold 102,810 shares of CuriosityStream stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $4.71, for a total transaction of $484,235.10. Following the completion of the transaction, the director now owns 20,262,775 shares of the company's stock, valued at $95,437,670.25. This represents a 0.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

CuriosityStream Stock Performance

Shares of CuriosityStream stock traded up $0.11 during trading on Friday, hitting $4.92. The company's stock had a trading volume of 536,984 shares, compared to its average volume of 357,070. CuriosityStream Inc. has a 52 week low of $0.99 and a 52 week high of $7.15. The company has a fifty day simple moving average of $4.80 and a two-hundred day simple moving average of $3.13. The company has a market capitalization of $283.54 million, a PE ratio of -35.14 and a beta of 1.79.

CuriosityStream (NASDAQ:CURI - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.02. The firm had revenue of $15.09 million during the quarter, compared to analyst estimates of $14.95 million. CuriosityStream had a negative net margin of 13.99% and a negative return on equity of 12.49%. As a group, analysts predict that CuriosityStream Inc. will post -0.2 EPS for the current year.

CuriosityStream Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 6th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 6.50%. The ex-dividend date of this dividend is Friday, June 6th. CuriosityStream's payout ratio is -228.57%.

Institutional Investors Weigh In On CuriosityStream

Several institutional investors and hedge funds have recently made changes to their positions in the company. Focus Partners Wealth purchased a new stake in CuriosityStream during the 4th quarter valued at $28,000. Merit Financial Group LLC purchased a new position in shares of CuriosityStream in the first quarter worth $29,000. Algert Global LLC bought a new position in shares of CuriosityStream during the first quarter valued at $39,000. Cubist Systematic Strategies LLC boosted its position in shares of CuriosityStream by 65.3% during the fourth quarter. Cubist Systematic Strategies LLC now owns 27,130 shares of the company's stock valued at $42,000 after buying an additional 10,722 shares during the last quarter. Finally, Delta Financial Group Inc. increased its holdings in CuriosityStream by 17.7% in the 4th quarter. Delta Financial Group Inc. now owns 67,587 shares of the company's stock worth $103,000 after buying an additional 10,182 shares in the last quarter. Institutional investors own 6.79% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on CURI shares. Needham & Company LLC upped their target price on shares of CuriosityStream from $2.95 to $4.80 and gave the stock a "buy" rating in a report on Wednesday, May 7th. 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 report on Wednesday, May 7th.

About CuriosityStream

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.