Virtu Financial LLC Boosts Holdings in CuriosityStream Inc. (NASDAQ:CURI)

Virtu Financial LLC increased its holdings in shares of CuriosityStream Inc. (NASDAQ:CURI) by 115.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 27,812 shares of the company’s stock after purchasing an additional 14,905 shares during the period. Virtu Financial LLC’s holdings in CuriosityStream were worth $53,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in CURI. Acadian Asset Management LLC purchased a new stake in shares of CuriosityStream during the second quarter worth $27,000. Oldfield Partners LLP acquired a new position in CuriosityStream during the 2nd quarter worth $417,000. Renaissance Technologies LLC increased its holdings in CuriosityStream by 28.9% during the 2nd quarter. Renaissance Technologies LLC now owns 402,126 shares of the company’s stock worth $458,000 after purchasing an additional 90,126 shares during the period. Delta Financial Group Inc. raised its position 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 purchasing an additional 12,000 shares in the last quarter. Finally, CWM LLC boosted its stake in shares of CuriosityStream by 310.7% in the 3rd quarter. CWM LLC now owns 297,656 shares of the company’s stock valued at $569,000 after buying an additional 225,188 shares during the period. 6.79% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at CuriosityStream

In related news, CEO Clinton Larry Stinchcomb purchased 17,877 shares of CuriosityStream stock in a transaction that occurred on Thursday, December 12th. The stock was purchased at an average cost of $1.68 per share, with a total value of $30,033.36. Following the completion of the transaction, the chief executive officer now directly owns 2,155,306 shares in the company, valued at approximately $3,620,914.08. The trade was a 0.84 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have purchased 21,220 shares of company stock worth $35,589 over the last three months. Insiders own 49.60% of the company’s stock.

CuriosityStream Trading Up 2.0 %

Shares of CURI opened at $1.54 on Friday. The firm has a market capitalization of $85.44 million, a price-to-earnings ratio of -5.50 and a beta of 1.07. The firm’s fifty day simple moving average is $1.97 and its 200-day simple moving average is $1.58. CuriosityStream Inc. has a twelve month low of $0.45 and a twelve month high of $3.00.

CuriosityStream (NASDAQ:CURI) last posted its quarterly earnings results on Wednesday, November 6th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.05). The business had revenue of $12.60 million during the quarter, compared to analyst estimates of $13.80 million. CuriosityStream had a negative net margin of 28.56% and a negative return on equity of 22.18%. During the same quarter in the prior year, the business earned ($0.14) earnings per share. On average, analysts predict that CuriosityStream Inc. will post -0.2 earnings per share for the current fiscal year.

CuriosityStream Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 6.49%. The ex-dividend date of this dividend is Friday, March 14th. CuriosityStream’s dividend payout ratio (DPR) is -35.71%.

Analyst Upgrades and Downgrades

Separately, Needham & Company LLC upped their target price on shares of CuriosityStream from $1.35 to $3.00 and gave the stock a “buy” rating in a research note on Thursday, November 7th.

About CuriosityStream

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.