Key Points
- CFO Phillip Brady Hayden sold 17,474 shares on January 2 at an average price of $3.76 for $65,702, reducing his stake by 14.67% to 101,667 shares; the transaction was disclosed on an SEC Form 4.
- CuriosityStream shares opened at $3.76 with a market cap of about $219.2M, trade below their 50- and 200-day averages, and the company reported negative EPS (‑$0.06) and margins, with analysts forecasting about ‑0.2 EPS for the year.
- The company recently paid a $0.08 quarterly dividend (annualized yield ~8.5%) despite a negative DPR (‑355.56%), and analysts hold a consensus rating of Moderate Buy with an average price target of $6.33.
CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) CFO Phillip Brady Hayden sold 17,474 shares of the firm's stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $3.76, for a total value of $65,702.24. Following the completion of the sale, the chief financial officer directly owned 101,667 shares of the company's stock, valued at approximately $382,267.92. This represents a 14.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.
Phillip Brady Hayden also recently made the following trade(s):
- On Monday, December 15th, Phillip Brady Hayden sold 2,000 shares of CuriosityStream stock. The shares were sold at an average price of $4.59, for a total transaction of $9,180.00.
- On Monday, November 17th, Phillip Brady Hayden sold 1,343 shares of CuriosityStream stock. The stock was sold at an average price of $4.50, for a total transaction of $6,043.50.
CuriosityStream Trading Down 1.1%
NASDAQ CURI opened at $3.76 on Friday. The company has a fifty day simple moving average of $4.29 and a two-hundred day simple moving average of $4.57. CuriosityStream Inc. has a 12-month low of $1.51 and a 12-month high of $7.15. The stock has a market cap of $219.21 million, a P/E ratio of -41.77 and a beta of 1.78.
CuriosityStream (NASDAQ:CURI - Get Free Report) last posted its earnings results on Wednesday, November 12th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.04). The business had revenue of $18.36 million for the quarter, compared to analyst estimates of $16.35 million. CuriosityStream had a negative net margin of 8.19% and a negative return on equity of 10.24%. As a group, sell-side analysts forecast that CuriosityStream Inc. will post -0.2 earnings per share for the current year.
CuriosityStream Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were paid a $0.08 dividend. The ex-dividend date of this dividend was Friday, December 5th. This represents a $0.32 dividend on an annualized basis and a yield of 8.5%. CuriosityStream's dividend payout ratio (DPR) is currently -355.56%.
Hedge Funds Weigh In On CuriosityStream
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. OMERS ADMINISTRATION Corp acquired a new position in CuriosityStream during the first quarter worth approximately $222,000. Acadian Asset Management LLC raised its position in CuriosityStream by 124.5% in the 2nd quarter. Acadian Asset Management LLC now owns 445,082 shares of the company's stock valued at $2,504,000 after purchasing an additional 246,804 shares during the last quarter. Burney Co. acquired a new stake in CuriosityStream during the 2nd quarter worth $617,000. Goldman Sachs Group Inc. grew its position in CuriosityStream by 657.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 125,743 shares of the company's stock worth $337,000 after purchasing an additional 109,138 shares during the last quarter. Finally, Los Angeles Capital Management LLC acquired a new position in CuriosityStream in the second quarter valued at $504,000. 6.79% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
CURI has been the subject of several analyst reports. Zacks Research upgraded CuriosityStream from a "strong sell" rating to a "hold" rating in a report on Thursday, December 11th. Wall Street Zen upgraded shares of CuriosityStream from a "hold" rating to a "buy" rating in a report on Saturday, November 8th. Needham & Company LLC lifted their price target on shares of CuriosityStream from $5.50 to $6.00 and gave the company a "buy" rating in a research report on Thursday, September 25th. Barrington Research restated an "outperform" rating and issued a $6.00 price objective on shares of CuriosityStream in a report on Thursday, November 13th. Finally, Weiss Ratings reiterated a "sell (d+)" rating on shares of CuriosityStream in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $6.33.
View Our Latest Stock Report on CuriosityStream
About CuriosityStream
(
Get Free Report)
CuriosityStream, Inc (NASDAQ: CURI) is a global streaming media company specializing in factual content across science, nature, history and technology. Founded in 2015 by John Hendricks, the founder of the Discovery Channel, CuriosityStream offers on-demand documentaries, series and short-form programming designed to inform and entertain viewers with high-quality educational content. The company's library features both original productions and licensed titles, covering topics such as space exploration, wildlife conservation, archaeology and cutting-edge scientific research.
Since its launch, CuriosityStream has expanded its reach to subscribers in more than 175 countries, delivering content in multiple languages and via a range of platforms.
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