CuriosityStream (NASDAQ:CURI) Rating Lowered to "Hold" at Wall Street Zen

Key Points

• CuriosityStream was downgraded from a "buy" to a "hold" rating by Wall Street Zen, indicating a cautious outlook for the company's stock performance.
• The stock has experienced a 3.3% increase, opening at $5.35 with a market capitalization of $309.93 million.
• A significant insider trade saw Director John S. Hendricks sell 8,050,000 shares, representing a 39.74% decrease in their ownership stake.

CuriosityStream (NASDAQ:CURI - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued on Sunday.

CURI has been the topic of a number of other research reports. Craig Hallum started coverage on CuriosityStream in a report on Monday, August 18th. They set a "buy" rating and a $7.00 target price on the stock. Needham & Company LLC boosted their price target on CuriosityStream from $5.50 to $6.00 and gave the stock a "buy" rating in a research note on Thursday. Singular Research upgraded CuriosityStream to a "strong-buy" rating in a research report on Wednesday, August 20th. Finally, Barrington Research restated an "outperform" rating and issued a $6.00 price target on shares of CuriosityStream in a research report on Tuesday, September 23rd. One investment analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $6.33.

CuriosityStream Stock Up 3.3%

Shares of CURI opened at $5.35 on Friday. The stock has a market cap of $309.93 million, a P/E ratio of -59.44 and a beta of 1.80. The business's fifty day moving average is $4.57 and its 200 day moving average is $4.41. CuriosityStream has a 12-month low of $1.47 and a 12-month high of $7.15.

CuriosityStream (NASDAQ:CURI - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The company reported $0.01 earnings per share for the quarter, hitting the consensus estimate of $0.01. The company had revenue of $19.01 million during the quarter, compared to analyst estimates of $16.75 million. CuriosityStream had a negative return on equity of 8.37% and a negative net margin of 7.84%. CuriosityStream has set its Q3 2025 guidance at EPS. On average, analysts expect that CuriosityStream will post -0.2 EPS for the current year.

Insider Buying and Selling at CuriosityStream

In related news, Director John S. Hendricks sold 8,050,000 shares of the firm's stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $3.50, for a total value of $28,175,000.00. Following the sale, the director owned 12,206,188 shares of the company's stock, valued at $42,721,658. This trade represents a 39.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Phillip Brady Hayden sold 35,578 shares of the company's stock in a transaction on Friday, August 29th. The shares were sold at an average price of $4.41, for a total transaction of $156,898.98. Following the completion of the transaction, the chief financial officer owned 54,474 shares of the company's stock, valued at $240,230.34. This represents a 39.51% decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,328,727 shares of company stock valued at $29,438,661 over the last quarter. 52.00% of the stock is currently owned by insiders.

Institutional Investors Weigh In On CuriosityStream

Hedge funds have recently added to or reduced their stakes in the company. CW Advisors LLC purchased a new position in CuriosityStream during the first quarter worth $377,000. OMERS ADMINISTRATION Corp bought a new position in shares of CuriosityStream during the first quarter worth about $222,000. Informed Momentum Co LLC bought a new position in shares of CuriosityStream in the 1st quarter worth about $788,000. Penn Mutual Asset Management acquired a new position in shares of CuriosityStream during the first quarter worth approximately $657,000. Finally, Merit Financial Group LLC bought a new stake in shares of CuriosityStream in the 1st quarter worth $29,000. Institutional investors and hedge funds own 6.79% of the company's stock.

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.

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