161,750 Shares in CuriosityStream Inc. (NASDAQ:CURI) Purchased by Penbrook Management LLC

Penbrook Management LLC bought a new stake in shares of CuriosityStream Inc. (NASDAQ:CURI - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 161,750 shares of the company's stock, valued at approximately $247,000. Penbrook Management LLC owned 0.29% of CuriosityStream at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Virtu Financial LLC increased its holdings in CuriosityStream by 115.5% in the third quarter. Virtu Financial LLC now owns 27,812 shares of the company's stock valued at $53,000 after purchasing an additional 14,905 shares during the last quarter. Delta Financial Group Inc. grew its holdings in CuriosityStream by 26.4% during the third quarter. Delta Financial Group Inc. now owns 57,405 shares of the company's stock valued at $110,000 after purchasing an additional 12,000 shares during the period. CWM LLC increased its stake in CuriosityStream by 310.7% in the third quarter. CWM LLC now owns 297,656 shares of the company's stock valued at $569,000 after purchasing an additional 225,188 shares in the last quarter. Geode Capital Management LLC raised its holdings in CuriosityStream by 21.2% in the third quarter. Geode Capital Management LLC now owns 322,946 shares of the company's stock worth $617,000 after purchasing an additional 56,402 shares during the period. Finally, Renaissance Technologies LLC increased its position in shares of CuriosityStream by 28.9% in the 2nd quarter. Renaissance Technologies LLC now owns 402,126 shares of the company's stock valued at $458,000 after buying an additional 90,126 shares in the last quarter. Institutional investors own 6.79% of the company's stock.

Analysts Set New Price Targets

Separately, Needham & Company LLC raised their price target on CuriosityStream from $1.35 to $3.00 and gave the stock a "buy" rating in a research report on Thursday, November 7th.

CuriosityStream Trading Down 1.4 %

CuriosityStream stock opened at $2.14 on Thursday. CuriosityStream Inc. has a twelve month low of $0.45 and a twelve month high of $3.00. The company has a 50 day moving average of $1.76 and a 200-day moving average of $1.71.

CuriosityStream (NASDAQ:CURI - Get Free Report) last released its earnings results on Wednesday, November 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.05). The firm had revenue of $12.60 million for the quarter, compared to the consensus estimate of $13.80 million. CuriosityStream had a negative return on equity of 22.18% and a negative net margin of 28.56%. During the same quarter last year, the company posted ($0.14) EPS. As a group, analysts anticipate that CuriosityStream Inc. will post -0.2 EPS for the current fiscal year.

CuriosityStream Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Friday, March 14th will be paid a dividend of $0.025 per share. The ex-dividend date is Friday, March 14th. This represents a $0.10 annualized dividend and a dividend yield of 4.67%. CuriosityStream's dividend payout ratio is currently -35.71%.

Insider Activity

In related news, CEO Clinton Larry Stinchcomb acquired 17,877 shares of the business's stock in a transaction dated Thursday, December 12th. The stock was bought at an average price of $1.68 per share, with a total value of $30,033.36. Following the acquisition, the chief executive officer now owns 2,155,306 shares in the company, valued at $3,620,914.08. This represents a 0.84 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have acquired 21,220 shares of company stock worth $35,589 over the last ninety days. Insiders own 49.60% of the company's stock.

CuriosityStream Company Profile

CuriosityStream Inc operates as a factual content streaming service and media company. The company provides premium video and audio programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly via distribution partners who deliver CuriosityStream content via distributor's platform or system, as well as through bundled content licenses for SVoD and linear offerings, talks and courses, and partner bulk sales.

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