Key Points
- CuriosityStream CEO Clinton Larry Stinchcomb bought 30,000 shares at an average price of $2.55, investing $76,500 and increasing his ownership by 1.01% to 3,001,260 shares.
- The company recently beat quarterly expectations, reporting $0.15 in EPS versus the $0.04 consensus and revenue of $23.25 million versus estimates of $21.32 million.
- CuriosityStream announced a quarterly dividend of $0.085 per share, equivalent to an annualized yield of 12.7%; analysts’ average rating is “Buy,” with a $5.50 price target.
CuriosityStream Inc. (NASDAQ:CURI - Get Free Report) CEO Clinton Larry Stinchcomb acquired 30,000 shares of the company's stock in a transaction that occurred on Thursday, August 27th. The stock was purchased at an average cost of $2.55 per share, for a total transaction of $76,500.00. Following the purchase, the chief executive officer owned 3,001,260 shares of the company's stock, valued at $7,653,213. This represents a 1.01% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
CuriosityStream Trading Up 2.7%
Shares of CuriosityStream stock opened at $2.68 on Tuesday. The firm has a market cap of $159.03 million, a P/E ratio of 268.00 and a beta of 1.77. The stock's fifty day moving average price is $2.70 and its 200-day moving average price is $2.94. CuriosityStream Inc. has a 12 month low of $2.30 and a 12 month high of $5.51.
CuriosityStream (NASDAQ:CURI - Get Free Report) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.04 by $0.11. The business had revenue of $23.25 million during the quarter, compared to analyst estimates of $21.32 million. CuriosityStream had a net margin of 0.03% and a return on equity of 0.06%. Analysts forecast 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, September 18th. Shareholders of record on Friday, September 4th will be issued a $0.085 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.34 dividend on an annualized basis and a yield of 12.7%. CuriosityStream's payout ratio is currently 3,400.00%.
Analyst Upgrades and Downgrades
CURI has been the subject of a number of analyst reports. Zacks Research raised shares of CuriosityStream from a "hold" rating to a "strong-buy" rating in a research report on Thursday, August 13th. Singular Research raised shares of CuriosityStream to a "strong-buy" rating in a report on Monday, June 1st. Weiss Ratings raised CuriosityStream from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, August 14th. Barrington Research decreased their price objective on CuriosityStream from $5.50 to $5.00 and set an "outperform" rating for the company in a report on Friday, May 15th. Finally, Wall Street Zen raised CuriosityStream from a "hold" rating to a "buy" rating in a research report on Saturday, August 15th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $5.50.
Check Out Our Latest Research Report on CURI
Institutional Trading of CuriosityStream
A number of institutional investors have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio purchased a new stake in CuriosityStream during the 2nd quarter worth approximately $25,000. Mangrove Partners IM LLC purchased a new position in shares of CuriosityStream in the fourth quarter worth $42,000. Quarry LP acquired a new stake in shares of CuriosityStream during the third quarter worth $45,000. Schonfeld Strategic Advisors LLC lifted its stake in shares of CuriosityStream by 30.8% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 13,235 shares of the company's stock worth $50,000 after buying an additional 3,115 shares during the period. Finally, Diversify Wealth Management LLC purchased a new stake in shares of CuriosityStream during the first quarter valued at $53,000. 6.79% of the stock is currently owned by institutional investors and hedge funds.
CuriosityStream Company Profile
(
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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