CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) major shareholder Hendricks Factual Media Llc sold 49,200 shares of the firm's stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $1.04, for a total transaction of $51,168.00. Following the completion of the sale, the insider now owns 20,972,338 shares in the company, valued at approximately $21,811,231.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own 10% or more of a company's shares are required to disclose their transactions with the SEC.
Hendricks Factual Media Llc also recently made the following trade(s):
- On Thursday, March 28th, Hendricks Factual Media Llc sold 139,176 shares of CuriosityStream stock. The shares were sold at an average price of $1.03, for a total transaction of $143,351.28.
- On Tuesday, March 26th, Hendricks Factual Media Llc sold 28,006 shares of CuriosityStream stock. The shares were sold at an average price of $1.00, for a total transaction of $28,006.00.
- On Thursday, March 21st, Hendricks Factual Media Llc sold 99,400 shares of CuriosityStream stock. The shares were sold at an average price of $1.01, for a total transaction of $100,394.00.
CuriosityStream Trading Up 1.0 %
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NASDAQ CURI opened at $1.04 on Thursday. CuriosityStream Inc. has a 12 month low of $0.45 and a 12 month high of $1.39. The company's 50 day simple moving average is $0.61 and its 200 day simple moving average is $0.60.
CuriosityStream Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Friday, April 12th will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, April 11th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 9.62%.
Analyst Upgrades and Downgrades
Separately, Needham & Company LLC lowered their price objective on shares of CuriosityStream from $1.50 to $1.25 and set a "buy" rating on the stock in a research note on Thursday, March 21st.
Get Our Latest Stock Analysis on CURI
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Renaissance Technologies LLC increased its stake in shares of CuriosityStream by 11.3% during the second quarter. Renaissance Technologies LLC now owns 260,800 shares of the company's stock valued at $243,000 after acquiring an additional 26,500 shares during the period. Geode Capital Management LLC boosted its holdings in CuriosityStream by 43.1% during the second quarter. Geode Capital Management LLC now owns 314,853 shares of the company's stock worth $294,000 after buying an additional 94,854 shares in the last quarter. Squarepoint Ops LLC bought a new stake in CuriosityStream during the first quarter worth approximately $30,000. UBS Group AG boosted its holdings in CuriosityStream by 70.2% during the first quarter. UBS Group AG now owns 34,412 shares of the company's stock worth $46,000 after buying an additional 14,189 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. bought a new stake in CuriosityStream during the first quarter worth approximately $31,000. Institutional investors and hedge funds own 6.79% of the company's stock.
About CuriosityStream
(
Get Free Report)
CuriosityStream Inc operates as a factual content streaming service and media company. The company provides premium video 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, content licensing, brand sponsorship and advertising, talks and courses, and partner bulk sales.
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