CuriosityStream Inc. (NASDAQ:CURI – Get Free Report) Director Patrick Keeley sold 31,559 shares of the stock in a transaction on Friday, June 12th. The stock was sold at an average price of $2.70, for a total transaction of $85,209.30. Following the transaction, the director owned 188,450 shares in the company, valued at approximately $508,815. This trade represents a 14.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
CuriosityStream Price Performance
Shares of NASDAQ CURI traded up $0.01 during trading hours on Tuesday, hitting $2.56. 322,713 shares of the stock were exchanged, compared to its average volume of 478,258. The company’s 50 day moving average is $3.02 and its 200 day moving average is $3.42. The firm has a market capitalization of $150.96 million, a P/E ratio of -19.69 and a beta of 1.76. CuriosityStream Inc. has a one year low of $2.30 and a one year high of $5.88.
CuriosityStream (NASDAQ:CURI – Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.02). The business had revenue of $15.16 million during the quarter, compared to the consensus estimate of $16.79 million. CuriosityStream had a negative net margin of 11.26% and a negative return on equity of 18.46%. Research analysts anticipate that CuriosityStream Inc. will post 0.07 earnings per share for the current fiscal year.
CuriosityStream Increases Dividend
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC boosted its stake in shares of CuriosityStream by 30.1% in the 1st quarter. Renaissance Technologies LLC now owns 1,768,800 shares of the company’s stock valued at $5,236,000 after purchasing an additional 408,900 shares during the last quarter. Sei Investments Co. boosted its stake in shares of CuriosityStream by 139.1% in the 1st quarter. Sei Investments Co. now owns 232,371 shares of the company’s stock valued at $688,000 after purchasing an additional 135,173 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in CuriosityStream by 117.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 233,340 shares of the company’s stock worth $690,000 after acquiring an additional 125,794 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in CuriosityStream by 6.0% during the 1st quarter. Bank of New York Mellon Corp now owns 446,617 shares of the company’s stock worth $1,322,000 after acquiring an additional 25,366 shares during the last quarter. Finally, Diversify Wealth Management LLC bought a new position in CuriosityStream during the 1st quarter worth approximately $53,000. Institutional investors own 6.79% of the company’s stock.
Wall Street Analyst Weigh In
CURI has been the subject of a number of research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of CuriosityStream in a report on Tuesday, June 9th. Singular Research upgraded shares of CuriosityStream to a “strong-buy” rating in a research note on Monday, June 1st. Finally, Barrington Research dropped their price objective on shares of CuriosityStream from $5.50 to $5.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $6.00.
Get Our Latest Stock Analysis on CURI
About CuriosityStream
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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