CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) Director John S. Hendricks sold 25,000 shares of CuriosityStream stock in a transaction on Monday, June 9th. The shares were 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 in the company, valued at approximately $119,197,155.70. This trade represents a 0.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
CuriosityStream Stock Performance
Shares of CURI stock traded up $0.17 on Monday, reaching $5.82. 639,113 shares of the company's stock traded hands, compared to its average volume of 360,265. The business's 50 day moving average price is $4.35 and its two-hundred day moving average price is $2.94. The company has a market capitalization of $335.38 million, a P/E ratio of -20.78 and a beta of 1.79. CuriosityStream Inc. has a 12-month low of $0.98 and a 12-month high of $7.15.
CuriosityStream (NASDAQ:CURI - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.02. The business 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%. Research analysts predict that CuriosityStream Inc. will post -0.2 earnings per share for the current 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 paid a $0.08 dividend. The ex-dividend date is Friday, June 6th. This represents a $0.32 annualized dividend and a dividend yield of 5.50%. CuriosityStream's payout ratio is -228.57%.
Hedge Funds Weigh In On CuriosityStream
A number of hedge funds have recently added to or reduced their stakes in the company. Cubist Systematic Strategies LLC grew its position in CuriosityStream by 65.3% in the fourth quarter. Cubist Systematic Strategies LLC now owns 27,130 shares of the company's stock worth $42,000 after acquiring an additional 10,722 shares in the last quarter. Geode Capital Management LLC boosted its holdings in CuriosityStream by 2.4% in 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 in the last quarter. Renaissance Technologies LLC increased its position 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 buying an additional 41,454 shares during the last quarter. Focus Partners Wealth acquired a new position in CuriosityStream during the fourth quarter worth $28,000. Finally, Manatuck Hill Partners LLC raised its holdings in CuriosityStream by 14.4% during the fourth quarter. Manatuck Hill Partners LLC now owns 550,000 shares of the company's stock valued at $842,000 after buying an additional 69,100 shares in the last quarter. Institutional investors and hedge funds own 6.79% of the company's stock.
Analyst Ratings Changes
Several brokerages have commented on CURI. Needham & Company LLC boosted their price target on shares of CuriosityStream from $2.95 to $4.80 and gave the stock a "buy" rating in a research report on Wednesday, May 7th. Barrington Research upgraded shares of CuriosityStream from a "market perform" rating to an "outperform" rating and set a $6.00 price target on the stock in a research report on Wednesday, May 7th.
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About CuriosityStream
(
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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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