CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) Director John S. Hendricks sold 125,000 shares of the firm's stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $5.11, for a total value of $638,750.00. Following the sale, the director now directly owns 20,445,585 shares of the company's stock, valued at approximately $104,476,939.35. This represents a 0.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
CuriosityStream Stock Performance
Shares of NASDAQ CURI traded down $0.50 during mid-day trading on Friday, hitting $4.59. 1,260,847 shares of the stock traded hands, compared to its average volume of 351,905. CuriosityStream Inc. has a 52 week low of $0.99 and a 52 week high of $7.15. The company has a market cap of $264.50 million, a price-to-earnings ratio of -16.39 and a beta of 1.79. The stock has a fifty day moving average price of $4.62 and a 200-day moving average price of $3.05.
CuriosityStream (NASDAQ:CURI - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.01) by $0.02. The firm had revenue of $15.09 million for the quarter, compared to analysts' expectations of $14.95 million. CuriosityStream had a negative return on equity of 22.18% and a negative net margin of 28.56%. As a group, sell-side analysts predict that CuriosityStream Inc. will post -0.2 EPS for the current fiscal year.
CuriosityStream Dividend Announcement
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 given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 6.97%. The ex-dividend date is Friday, June 6th. CuriosityStream's payout ratio is -228.57%.
Analysts Set New Price Targets
Several equities analysts 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 price objective for the company in a research note on Wednesday, May 7th. Needham & Company LLC boosted their target price on CuriosityStream from $2.95 to $4.80 and gave the stock a "buy" rating in a research report on Wednesday, May 7th.
View Our Latest Stock Analysis on CURI
Institutional Trading of CuriosityStream
A number of hedge funds and other institutional investors have recently bought and sold shares of CURI. Acadian Asset Management LLC grew its position in shares of CuriosityStream by 121.8% during the first quarter. Acadian Asset Management LLC now owns 198,278 shares of the company's stock worth $529,000 after purchasing an additional 108,891 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of CuriosityStream during the first quarter worth about $486,000. Goldman Sachs Group Inc. grew its holdings in CuriosityStream by 657.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 125,743 shares of the company's stock valued at $337,000 after buying an additional 109,138 shares in the last quarter. Cubist Systematic Strategies LLC grew its holdings in CuriosityStream by 101.7% during the 1st quarter. Cubist Systematic Strategies LLC now owns 54,712 shares of the company's stock valued at $147,000 after buying an additional 27,582 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp purchased a new position in CuriosityStream during the 1st quarter valued at approximately $222,000. Hedge funds and other institutional investors own 6.79% of the company's stock.
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.
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