CuriosityStream Inc. (NASDAQ:CURI – Get Free Report) has received an average rating of “Buy” from the four analysts that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation, one has given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $5.00.
Several research firms have recently weighed in on CURI. Singular Research upgraded shares of CuriosityStream to a “strong-buy” rating in a research report on Monday, June 1st. Zacks Research raised CuriosityStream from a “hold” rating to a “strong-buy” rating in a research note on Thursday, August 13th. Wall Street Zen upgraded CuriosityStream from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Finally, Weiss Ratings raised CuriosityStream from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 14th.
Check Out Our Latest Research Report on CURI
CuriosityStream Trading Up 8.3%
CuriosityStream (NASDAQ:CURI – Get Free Report) last announced its earnings results on Wednesday, August 12th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.11. CuriosityStream had a net margin of 0.03% and a return on equity of 0.06%. The business had revenue of $23.25 million during the quarter, compared to analyst estimates of $21.32 million. As a group, sell-side analysts forecast that CuriosityStream will post 0.2 EPS for the current fiscal year.
CuriosityStream Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Friday, September 4th were issued a dividend of $0.0850 per share. This represents a $0.34 dividend on an annualized basis and a dividend yield of 10.9%. The ex-dividend date of this dividend was Friday, September 4th. CuriosityStream’s dividend payout ratio (DPR) is currently 3,400.00%.
Insiders Place Their Bets
In other news, CEO Clinton Stinchcomb bought 20,000 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The stock was bought at an average price of $2.60 per share, for a total transaction of $52,000.00. Following the transaction, the chief executive officer directly owned 3,021,260 shares of the company’s stock, valued at $7,855,276. This represents a 0.67% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 31.10% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of CURI. Renaissance Technologies LLC grew its holdings in shares of CuriosityStream by 30.1% in the first quarter. Renaissance Technologies LLC now owns 1,768,800 shares of the company’s stock worth $5,236,000 after purchasing an additional 408,900 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in shares of CuriosityStream in the second quarter worth $1,184,000. Penbrook Management LLC raised its holdings in CuriosityStream by 94.4% during the 1st quarter. Penbrook Management LLC now owns 675,150 shares of the company’s stock valued at $1,998,000 after buying an additional 327,850 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in CuriosityStream during the 2nd quarter valued at $25,000. Finally, Sei Investments Co. boosted its position in CuriosityStream by 139.1% during the 1st quarter. Sei Investments Co. now owns 232,371 shares of the company’s stock valued at $688,000 after buying an additional 135,173 shares during the period. Hedge funds and other institutional investors own 6.79% of the company’s stock.
CuriosityStream Company Profile
CuriosityStream, Inc is a factual-media and streaming company that provides on-demand programming focused on science, technology, history, nature, society and related subjects. Its service features documentary films, series, short-form videos and educational content, including original productions and licensed programming from third-party creators.
The company distributes its content through its direct-to-consumer streaming platform and digital applications, as well as through partnerships and bundled offerings with other media and technology providers.
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