CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) CEO Clinton Larry Stinchcomb bought 17,877 shares of the stock in a transaction on Thursday, December 12th. The shares were bought at an average price of $1.68 per share, for a total transaction of $30,033.36. Following the completion of the transaction, the chief executive officer now directly owns 2,155,306 shares of the company's stock, valued at $3,620,914.08. This trade represents a 0.84 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
CuriosityStream Price Performance
CuriosityStream stock traded down $0.06 during mid-day trading on Monday, hitting $1.62. 150,696 shares of the company were exchanged, compared to its average volume of 387,657. CuriosityStream Inc. has a 12-month low of $0.45 and a 12-month high of $3.00. The company has a market capitalization of $89.88 million, a P/E ratio of -5.79 and a beta of 1.07. The business's 50 day simple moving average is $2.00 and its two-hundred day simple moving average is $1.57.
CuriosityStream (NASDAQ:CURI - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The company reported ($0.06) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.05). The company had revenue of $12.60 million for the quarter, compared to analysts' expectations 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 in the prior year, the business posted ($0.14) EPS. Equities research analysts predict that CuriosityStream Inc. will post -0.2 earnings per share for the current year.
CuriosityStream Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be given a dividend of $0.025 per share. The ex-dividend date is Friday, March 14th. This represents a $0.10 dividend on an annualized basis and a yield of 6.17%. CuriosityStream's dividend payout ratio (DPR) is currently -35.71%.
Institutional Trading of CuriosityStream
Hedge funds and other institutional investors have recently bought and sold shares of the company. Virtu Financial LLC boosted its holdings in shares of CuriosityStream by 115.5% during the third quarter. Virtu Financial LLC now owns 27,812 shares of the company's stock worth $53,000 after purchasing an additional 14,905 shares during the last quarter. Geode Capital Management LLC lifted its position in CuriosityStream by 21.2% during the third quarter. Geode Capital Management LLC now owns 322,946 shares of the company's stock worth $617,000 after buying an additional 56,402 shares during the period. CWM LLC boosted its stake in CuriosityStream by 310.7% in the 3rd quarter. CWM LLC now owns 297,656 shares of the company's stock worth $569,000 after buying an additional 225,188 shares during the last quarter. Delta Financial Group Inc. grew its holdings in CuriosityStream by 26.4% in the 3rd quarter. Delta Financial Group Inc. now owns 57,405 shares of the company's stock valued at $110,000 after buying an additional 12,000 shares during the period. Finally, Renaissance Technologies LLC grew its holdings in 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 during the period. 6.79% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Separately, Needham & Company LLC raised their price target on CuriosityStream from $1.35 to $3.00 and gave the company a "buy" rating in a research report on Thursday, November 7th.
Check Out Our Latest Stock Analysis on CuriosityStream
CuriosityStream Company Profile
(
Get Free Report)
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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