CuriosityStream Inc. (NASDAQ:CURI) Director Sells $143,500.00 in Stock

CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) Director John S. Hendricks sold 25,000 shares of the business's stock in a transaction dated Monday, June 9th. The stock was sold at an average price of $5.74, for a total value of $143,500.00. Following the transaction, the director now owns 20,766,055 shares of the company's stock, valued at $119,197,155.70. The trade was a 0.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

CuriosityStream Stock Down 3.8%

Shares of CURI traded down $0.20 during trading hours on Thursday, reaching $5.09. The stock had a trading volume of 740,598 shares, compared to its average volume of 347,384. The firm has a 50-day moving average of $4.52 and a 200 day moving average of $3.00. The company has a market cap of $293.32 million, a P/E ratio of -18.18 and a beta of 1.79. CuriosityStream Inc. has a 52 week low of $0.99 and a 52 week high of $7.15.

CuriosityStream (NASDAQ:CURI - Get Free Report) last released its quarterly 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. CuriosityStream had a negative return on equity of 22.18% and a negative net margin of 28.56%. The company had revenue of $15.09 million for the quarter, compared to analyst estimates of $14.95 million. As a group, equities analysts expect that CuriosityStream Inc. will post -0.2 earnings per share for the current year.

CuriosityStream Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 20th. Shareholders of record on Friday, June 6th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, June 6th. This represents a $0.32 annualized dividend and a yield of 6.29%. CuriosityStream's dividend payout ratio (DPR) is currently -228.57%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of CURI. Delta Financial Group Inc. grew its stake in shares of CuriosityStream by 17.7% during the 4th quarter. Delta Financial Group Inc. now owns 67,587 shares of the company's stock worth $103,000 after acquiring an additional 10,182 shares in the last quarter. Geode Capital Management LLC boosted its holdings in 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. Renaissance Technologies LLC boosted its holdings in 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. Manatuck Hill Partners LLC grew its holdings in shares of CuriosityStream by 14.4% in the 4th quarter. Manatuck Hill Partners LLC now owns 550,000 shares of the company's stock valued at $842,000 after acquiring an additional 69,100 shares in the last quarter. Finally, Cubist Systematic Strategies LLC grew its stake in CuriosityStream by 65.3% in the fourth quarter. Cubist Systematic Strategies LLC now owns 27,130 shares of the company's stock valued at $42,000 after purchasing an additional 10,722 shares in the last quarter. Institutional investors own 6.79% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on CURI. Barrington Research raised shares of CuriosityStream from a "market perform" rating to an "outperform" rating and set a $6.00 price objective on the stock in a research note on Wednesday, May 7th. 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 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.