Insider Buying: CuriosityStream (NASDAQ:CURI) CEO Purchases $52,000.00 in Stock

CuriosityStream Inc. (NASDAQ:CURIGet Free Report) CEO Clinton Larry Stinchcomb acquired 20,000 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The stock was purchased at an average cost of $2.60 per share, for a total transaction of $52,000.00. Following the purchase, the chief executive officer owned 3,021,260 shares of the company’s stock, valued at $7,855,276. This represents a 0.67% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Clinton Larry Stinchcomb also recently made the following trade(s):

  • On Thursday, August 27th, Clinton Larry Stinchcomb bought 30,000 shares of CuriosityStream stock. The shares were purchased at an average cost of $2.55 per share, with a total value of $76,500.00.

CuriosityStream Price Performance

Shares of CURI stock traded up $0.04 during mid-day trading on Tuesday, hitting $2.73. The stock had a trading volume of 563,157 shares, compared to its average volume of 663,963. CuriosityStream Inc. has a 12-month low of $2.30 and a 12-month high of $5.51. The firm’s 50-day moving average is $2.70 and its two-hundred day moving average is $2.94. The firm has a market capitalization of $161.70 million, a P/E ratio of 272.50 and a beta of 1.77.

CuriosityStream (NASDAQ:CURIGet Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.11. CuriosityStream had a return on equity of 0.06% and a net margin of 0.03%.The firm had revenue of $23.25 million during the quarter, compared to the consensus estimate of $21.32 million. Analysts expect that CuriosityStream Inc. will post 0.2 EPS for the current year.

CuriosityStream Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, September 4th will be given a $0.085 dividend. This represents a $0.34 annualized dividend and a dividend yield of 12.5%. The ex-dividend date of this dividend is Friday, September 4th. CuriosityStream’s dividend payout ratio is presently 3,400.00%.

Analyst Ratings Changes

CURI has been the subject of a number of recent research reports. Barrington Research reduced 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. Singular Research raised CuriosityStream to a “strong-buy” rating in a research report on Monday, June 1st. Zacks Research upgraded CuriosityStream from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 13th. Weiss Ratings raised CuriosityStream from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 14th. Finally, Wall Street Zen upgraded CuriosityStream from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, CuriosityStream presently has a consensus rating of “Buy” and an average price target of $5.50.

View Our Latest Stock Report on CuriosityStream

Institutional Investors Weigh In On CuriosityStream

Large investors have recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of CuriosityStream by 16.1% during the third quarter. Vanguard Group Inc. now owns 1,978,190 shares of the company’s stock worth $10,484,000 after acquiring an additional 274,233 shares during the last quarter. Renaissance Technologies LLC raised its position 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. Geode Capital Management LLC boosted its stake in CuriosityStream by 15.5% in the 4th quarter. Geode Capital Management LLC now owns 865,056 shares of the company’s stock worth $3,288,000 after purchasing an additional 116,005 shares in the last quarter. State Street Corp boosted its stake in CuriosityStream by 8.0% in the 4th quarter. State Street Corp now owns 714,082 shares of the company’s stock worth $2,714,000 after purchasing an additional 52,923 shares in the last quarter. Finally, Millennium Management LLC grew its position in CuriosityStream by 234.5% during the 4th quarter. Millennium Management LLC now owns 688,041 shares of the company’s stock worth $2,615,000 after purchasing an additional 482,360 shares during the last quarter. Hedge funds and other institutional investors own 6.79% of the company’s stock.

CuriosityStream Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for CuriosityStream (NASDAQ:CURI)

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