John S. Hendricks Sells 150,000 Shares of CuriosityStream Inc. (NASDAQ:CURI) Stock

CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) Director John S. Hendricks sold 150,000 shares of the company's stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $5.20, for a total transaction of $780,000.00. Following the transaction, the director now directly owns 20,570,585 shares in the company, valued at approximately $106,967,042. This trade represents a 0.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

CuriosityStream Trading Down 4.7%

Shares of CURI stock traded down $0.24 during trading hours on Friday, hitting $4.76. The company's stock had a trading volume of 558,491 shares, compared to its average volume of 348,334. CuriosityStream Inc. has a twelve month low of $0.99 and a twelve month high of $7.15. The stock has a market cap of $274.01 million, a price-to-earnings ratio of -16.96 and a beta of 1.79. The business has a fifty day moving average of $4.57 and a 200-day moving average of $3.03.

CuriosityStream (NASDAQ:CURI - Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported $0.01 earnings per share for the quarter, beating 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 firm had revenue of $15.09 million during the quarter, compared to the consensus estimate of $14.95 million. On average, equities analysts expect that CuriosityStream Inc. will post -0.2 EPS for the current fiscal year.

CuriosityStream Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Friday, June 6th. This represents a $0.32 annualized dividend and a yield of 6.73%. CuriosityStream's payout ratio is currently -228.57%.

Institutional Trading of CuriosityStream

Several hedge funds and other institutional investors have recently bought and sold shares of CURI. Geode Capital Management LLC grew its position in shares of CuriosityStream by 2.4% in the fourth quarter. Geode Capital Management LLC now owns 330,615 shares of the company's stock valued at $506,000 after purchasing an additional 7,669 shares during the period. Delta Financial Group Inc. boosted its stake 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 during the last quarter. Merit Financial Group LLC acquired a new stake in CuriosityStream in the 1st quarter worth about $29,000. Cubist Systematic Strategies LLC grew its holdings in CuriosityStream by 65.3% in the 4th 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 period. Finally, Algert Global LLC acquired a new position in shares of CuriosityStream during the 1st quarter valued at about $39,000. 6.79% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on CURI shares. Needham & Company LLC upped their price target on CuriosityStream from $2.95 to $4.80 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Barrington Research upgraded CuriosityStream from a "market perform" rating to an "outperform" rating and set a $6.00 price target for the company in a research 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.