John S. Hendricks Sells 80,000 Shares of CuriosityStream Inc. (NASDAQ:CURI) Stock

CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) Director John S. Hendricks sold 80,000 shares of the stock in a transaction on Friday, June 13th. The stock was sold at an average price of $4.62, for a total value of $369,600.00. Following the completion of the sale, the director now owns 20,365,585 shares of the company's stock, valued at $94,089,002.70. The trade was a 0.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

CuriosityStream Trading Up 2.3%

Shares of CURI stock traded up $0.11 on Friday, reaching $4.92. The company's stock had a trading volume of 536,984 shares, compared to its average volume of 357,070. The stock's fifty day simple moving average is $4.80 and its 200-day simple moving average is $3.13. 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 $283.54 million, a price-to-earnings ratio of -35.14 and a beta of 1.79.

CuriosityStream (NASDAQ:CURI - Get Free Report) last issued its quarterly earnings data 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 net margin of 13.99% and a negative return on equity of 12.49%. The business had revenue of $15.09 million during the quarter, compared to analysts' expectations of $14.95 million. Equities research analysts forecast that CuriosityStream Inc. will post -0.2 earnings per share for the current year.

CuriosityStream Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Investors of record on Friday, June 6th will be given 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 6.50%. CuriosityStream's dividend payout ratio is currently -228.57%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on CURI shares. 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 note on Wednesday, May 7th. Needham & Company LLC boosted 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.

Institutional Investors Weigh In On CuriosityStream

Several large investors have recently added to or reduced their stakes in CURI. Focus Partners Wealth bought a new stake in shares of CuriosityStream in the 4th quarter valued at approximately $28,000. Merit Financial Group LLC bought a new position in shares of CuriosityStream during the 1st quarter valued at approximately $29,000. Algert Global LLC purchased a new stake in CuriosityStream during the 1st quarter valued at $39,000. Cubist Systematic Strategies LLC lifted 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 buying an additional 10,722 shares during the last quarter. Finally, Delta Financial Group Inc. boosted its stake in CuriosityStream by 17.7% during the fourth 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 period. 6.79% of the stock is owned by institutional investors.

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.