CuriosityStream (NASDAQ:CURI – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, Zacks reports.
A number of other brokerages have also commented on CURI. Weiss Ratings lowered CuriosityStream from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. Wall Street Zen raised CuriosityStream from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, CuriosityStream has an average rating of “Moderate Buy” and an average price target of $5.00.
View Our Latest Analysis on CuriosityStream
CuriosityStream Stock Up 7.3%
Shares of CuriosityStream stock opened at $2.79 on Monday. The firm has a market cap of $165.56 million, a price-to-earnings ratio of 279.00 and a beta of 1.71. The business has a 50-day moving average price of $2.85 and a 200-day moving average price of $2.84. CuriosityStream has a twelve month low of $2.30 and a twelve month high of $5.10.
CuriosityStream (NASDAQ:CURI – Get Free Report) last issued its earnings results on Wednesday, August 12th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.11. The firm had revenue of $23.25 million for the quarter, compared to analysts’ expectations of $21.32 million. CuriosityStream had a return on equity of 0.06% and a net margin of 0.03%. On average, equities analysts expect that CuriosityStream will post 0.20 EPS for the current fiscal year.
Insider Transactions at CuriosityStream
In other CuriosityStream news, CEO Clinton Stinchcomb purchased 20,000 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The shares were bought at an average price of $2.60 per share, with a total value of $52,000.00. Following the completion of the purchase, the chief executive officer directly owned 3,021,260 shares in the company, valued at $7,855,276. This trade represents a 0.67% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 31.10% of the stock is currently owned by insiders.
Hedge Funds Weigh In On CuriosityStream
Institutional investors and hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC grew 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 worth $5,236,000 after buying an additional 408,900 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of CuriosityStream in the 2nd quarter worth about $1,184,000. Penbrook Management LLC raised its position in shares of 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 in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of CuriosityStream during the 2nd quarter valued at about $25,000. Finally, Diversify Wealth Management LLC purchased a new stake in shares of CuriosityStream during the 1st quarter valued at about $53,000. 6.79% of the stock is owned by hedge funds and other institutional investors.
About CuriosityStream
CuriosityStream Inc (NASDAQ:CURI) is a factual-media and streaming company focused on science, technology, history, nature and related educational content. Its flagship service, Curiosity Stream, offers on-demand documentaries, series and other nonfiction programming through its website, mobile applications, connected-TV platforms and distribution partners.
The company also develops and distributes educational and factual programming through digital products and branded content offerings.
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