CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) Director John S. Hendricks sold 71,720 shares of the firm's stock in a transaction that occurred on Thursday, June 5th. The shares were sold at an average price of $6.07, for a total transaction of $435,340.40. Following the completion of the transaction, the director now owns 20,791,055 shares of the company's stock, valued at $126,201,703.85. This trade represents a 0.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
CuriosityStream Price Performance
Shares of NASDAQ:CURI traded down $0.20 on Thursday, hitting $5.09. The company's stock had a trading volume of 740,598 shares, compared to its average volume of 347,384. The company has a 50-day simple moving average of $4.52 and a 200 day simple moving average of $3.00. CuriosityStream Inc. has a 1 year low of $0.99 and a 1 year high of $7.15. The company has a market capitalization of $293.32 million, a PE ratio of -18.18 and a beta of 1.79.
CuriosityStream (NASDAQ:CURI - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.01) by $0.02. The company had revenue of $15.09 million for the quarter, compared to analysts' expectations of $14.95 million. CuriosityStream had a negative net margin of 28.56% and a negative return on equity of 22.18%. On average, equities research analysts expect that CuriosityStream Inc. will post -0.2 earnings per share for the current fiscal year.
CuriosityStream Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Friday, June 6th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.29%. The ex-dividend date is Friday, June 6th. CuriosityStream's dividend payout ratio is currently -228.57%.
Wall Street Analyst Weigh In
Several analysts have issued reports on CURI shares. Needham & Company LLC increased their target price on shares of CuriosityStream from $2.95 to $4.80 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. Barrington Research raised shares of CuriosityStream from a "market perform" rating to an "outperform" rating and set a $6.00 price target on the stock in a report on Wednesday, May 7th.
Read Our Latest Report on CURI
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cubist Systematic Strategies LLC lifted its stake in CuriosityStream by 65.3% during the fourth quarter. Cubist Systematic Strategies LLC now owns 27,130 shares of the company's stock worth $42,000 after purchasing an additional 10,722 shares during the last quarter. Geode Capital Management LLC increased its position in shares of CuriosityStream by 2.4% during the 4th 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 last quarter. Renaissance Technologies LLC raised its holdings in shares of CuriosityStream by 9.7% during the 4th quarter. Renaissance Technologies LLC now owns 470,900 shares of the company's stock valued at $720,000 after buying an additional 41,454 shares in the last quarter. Focus Partners Wealth bought a new stake in CuriosityStream in the 4th quarter worth approximately $28,000. Finally, Manatuck Hill Partners LLC boosted its stake in CuriosityStream by 14.4% in the fourth quarter. Manatuck Hill Partners LLC now owns 550,000 shares of the company's stock worth $842,000 after buying an additional 69,100 shares in the last quarter. 6.79% of the stock is currently owned by hedge funds and other institutional investors.
CuriosityStream Company Profile
(
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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