CuriosityStream Inc. (NASDAQ:CURI) Director Sells $236,444.00 in Stock

CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) Director John S. Hendricks sold 45,470 shares of the stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $5.20, for a total value of $236,444.00. Following the completion of the sale, the director now directly owns 20,720,585 shares of the company's stock, valued at approximately $107,747,042. This represents a 0.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

CuriosityStream Stock Performance

NASDAQ CURI traded down $0.50 during trading on Friday, reaching $4.59. 1,260,847 shares of the company's stock were exchanged, compared to its average volume of 351,905. The stock has a market cap of $264.50 million, a P/E ratio of -16.39 and a beta of 1.79. The company has a 50 day moving average price of $4.62 and a two-hundred day moving average price of $3.05. CuriosityStream Inc. has a 1 year low of $0.99 and a 1 year high of $7.15.

CuriosityStream (NASDAQ:CURI - Get Free Report) last posted 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 return on equity of 22.18% and a negative net margin of 28.56%. The business had revenue of $15.09 million during the quarter, compared to the consensus estimate of $14.95 million. Research analysts forecast that CuriosityStream Inc. will post -0.2 EPS for the current fiscal year.

CuriosityStream Announces Dividend

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 issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.97%. The ex-dividend date of this dividend is Friday, June 6th. CuriosityStream's dividend payout ratio is currently -228.57%.

Institutional Investors Weigh In On CuriosityStream

Large investors have recently bought and sold shares of the stock. Cubist Systematic Strategies LLC grew its holdings in CuriosityStream by 65.3% during 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 last quarter. Geode Capital Management LLC boosted its holdings in shares of CuriosityStream by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 330,615 shares of the company's stock worth $506,000 after purchasing an additional 7,669 shares during the last quarter. Merit Financial Group LLC acquired a new stake in shares of CuriosityStream during the first quarter worth $29,000. Renaissance Technologies LLC boosted its holdings in shares of 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 purchasing an additional 41,454 shares during the last quarter. Finally, Focus Partners Wealth acquired a new stake in shares of CuriosityStream during the fourth quarter worth $28,000. Institutional investors and hedge funds own 6.79% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently commented on CURI. Barrington Research raised CuriosityStream from a "market perform" rating to an "outperform" rating and set a $6.00 price target on the stock in a research note on Wednesday, May 7th. Needham & Company LLC upped their price target on CuriosityStream from $2.95 to $4.80 and gave the company a "buy" rating in a research note on Wednesday, May 7th.

CuriosityStream Company Profile

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.