CuriosityStream Inc. (NASDAQ:CURI – Get Free Report) CEO Clinton Larry Stinchcomb bought 94,256 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were acquired at an average price of $2.74 per share, with a total value of $258,261.44. Following the transaction, the chief executive officer directly owned 2,945,516 shares of the company’s stock, valued at approximately $8,070,713.84. This trade represents a 3.31% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
CuriosityStream Stock Up 4.4%
Shares of NASDAQ:CURI opened at $2.86 on Friday. The firm has a market capitalization of $168.65 million, a PE ratio of -22.00 and a beta of 1.82. CuriosityStream Inc. has a twelve month low of $2.30 and a twelve month high of $7.15. The company has a 50-day moving average price of $3.06 and a two-hundred day moving average price of $3.54.
CuriosityStream (NASDAQ:CURI – Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported ($0.02) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.02). The firm had revenue of $15.16 million during the quarter, compared to analyst estimates of $16.79 million. CuriosityStream had a negative net margin of 11.26% and a negative return on equity of 18.46%. Analysts anticipate that CuriosityStream Inc. will post 0.08 earnings per share for the current fiscal year.
CuriosityStream Increases Dividend
Wall Street Analysts Forecast Growth
CURI has been the subject of a number of analyst reports. Zacks Research upgraded shares of CuriosityStream from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 10th. Barrington Research cut their price objective on shares of CuriosityStream from $5.50 to $5.00 and set an “outperform” rating for the company in a research report on Friday, May 15th. Finally, Weiss Ratings upgraded shares of CuriosityStream from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $6.00.
View Our Latest Report on CuriosityStream
Institutional Investors Weigh In On CuriosityStream
Institutional investors and hedge funds have recently bought and sold shares of the stock. State of Alaska Department of Revenue purchased a new stake in CuriosityStream in the fourth quarter valued at approximately $35,000. Mangrove Partners IM LLC purchased a new stake in CuriosityStream in the fourth quarter valued at approximately $42,000. Quarry LP purchased a new stake in CuriosityStream in the third quarter valued at approximately $45,000. Schonfeld Strategic Advisors LLC raised its stake in CuriosityStream by 30.8% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 13,235 shares of the company’s stock valued at $50,000 after purchasing an additional 3,115 shares in the last quarter. Finally, Diversify Wealth Management LLC purchased a new stake in CuriosityStream in the first quarter valued at approximately $53,000. 6.79% of the stock is owned by hedge funds and other institutional investors.
CuriosityStream Company Profile
CuriosityStream, Inc (NASDAQ: CURI) is a global streaming media company specializing in factual content across science, nature, history and technology. Founded in 2015 by John Hendricks, the founder of the Discovery Channel, CuriosityStream offers on-demand documentaries, series and short-form programming designed to inform and entertain viewers with high-quality educational content. The company’s library features both original productions and licensed titles, covering topics such as space exploration, wildlife conservation, archaeology and cutting-edge scientific research.
Since its launch, CuriosityStream has expanded its reach to subscribers in more than 175 countries, delivering content in multiple languages and via a range of platforms.
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