CuriosityStream Inc. (NASDAQ:CURI) Director Jonathan Huberman Sells 120,861 Shares

CuriosityStream Inc. (NASDAQ:CURI) Director Jonathan Huberman sold 120,861 shares of the stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $1.47, for a total transaction of $177,665.67. Following the transaction, the director now owns 1,433,576 shares in the company, valued at approximately $2,107,356.72. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

CuriosityStream Price Performance

CURI stock remained flat at $1.45 during midday trading on Thursday. The company’s stock had a trading volume of 504,316 shares, compared to its average volume of 439,902. CuriosityStream Inc. has a one year low of $0.45 and a one year high of $1.60. The company has a market cap of $77.72 million, a PE ratio of -1.67 and a beta of 1.15. The firm’s fifty day simple moving average is $1.15 and its 200 day simple moving average is $0.99.

CuriosityStream (NASDAQ:CURI) last posted its earnings results on Tuesday, August 13th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.01. The business had revenue of $12.40 million for the quarter, compared to analyst estimates of $12.30 million. CuriosityStream had a negative net margin of 69.87% and a negative return on equity of 27.47%. During the same period last year, the business posted ($0.19) EPS. Research analysts anticipate that CuriosityStream Inc. will post -0.15 earnings per share for the current fiscal year.

CuriosityStream Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Saturday, October 12th will be given a dividend of $0.025 per share. The ex-dividend date of this dividend is Friday, October 11th. This represents a $0.10 annualized dividend and a dividend yield of 6.90%. CuriosityStream’s dividend payout ratio is presently -11.49%.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC restated a “buy” rating and set a $1.35 target price on shares of CuriosityStream in a report on Wednesday, August 14th.

Institutional Trading of CuriosityStream

Hedge funds have recently added to or reduced their stakes in the business. Acadian Asset Management LLC acquired a new position in shares of CuriosityStream during the second quarter worth approximately $27,000. CWM LLC grew its stake in shares of CuriosityStream by 6,399.4% in the second quarter. CWM LLC now owns 72,468 shares of the company’s stock worth $83,000 after acquiring an additional 71,353 shares during the last quarter. Virtu Financial LLC increased its position in CuriosityStream by 782.8% during the first quarter. Virtu Financial LLC now owns 151,267 shares of the company’s stock worth $162,000 after acquiring an additional 134,132 shares during the period. Oldfield Partners LLP acquired a new position in CuriosityStream during the 2nd quarter valued at $417,000. Finally, Renaissance Technologies LLC boosted 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 purchasing an additional 90,126 shares during the period. Institutional investors own 6.79% 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.