CuriosityStream Inc. (NASDAQ:CURI) Given Average Rating of “Buy” by Brokerages

Shares of CuriosityStream Inc. (NASDAQ:CURI) have received an average rating of “Buy” from the five analysts that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $6.3333.

CURI has been the subject of a number of research reports. Barrington Research set a $6.00 price target on CuriosityStream in a research note on Tuesday, October 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of CuriosityStream in a research note on Wednesday, October 8th. Needham & Company LLC raised their price objective on CuriosityStream from $5.50 to $6.00 and gave the company a “buy” rating in a research note on Thursday, September 25th. Singular Research raised CuriosityStream to a “strong-buy” rating in a research note on Wednesday, August 20th. Finally, Wall Street Zen lowered CuriosityStream from a “buy” rating to a “hold” rating in a research note on Sunday, September 28th.

Insider Activity at CuriosityStream

In other news, CFO Phillip Brady Hayden sold 16,149 shares of the firm’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $4.56, for a total value of $73,639.44. Following the completion of the sale, the chief financial officer directly owned 38,325 shares of the company’s stock, valued at $174,762. This trade represents a 29.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Jonathan Huberman sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $4.75, for a total value of $237,500.00. Following the completion of the sale, the director directly owned 1,233,576 shares of the company’s stock, valued at $5,859,486. The trade was a 3.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 8,328,727 shares of company stock valued at $29,438,661 over the last ninety days. Corporate insiders own 52.00% of the company’s stock.

Institutional Investors Weigh In On CuriosityStream

Institutional investors and hedge funds have recently modified their holdings of the business. Algert Global LLC bought a new stake in shares of CuriosityStream during the 1st quarter worth approximately $39,000. Police & Firemen s Retirement System of New Jersey bought a new stake in shares of CuriosityStream during the 2nd quarter worth approximately $41,000. Diversified Trust Co bought a new stake in shares of CuriosityStream during the 3rd quarter worth approximately $56,000. The Manufacturers Life Insurance Company bought a new stake in shares of CuriosityStream during the 2nd quarter worth approximately $64,000. Finally, Vanguard Personalized Indexing Management LLC bought a new stake in shares of CuriosityStream during the 2nd quarter worth approximately $74,000. 6.79% of the stock is owned by institutional investors.

CuriosityStream Trading Down 3.2%

Shares of CuriosityStream stock opened at $4.20 on Tuesday. The stock has a 50 day moving average of $4.75 and a 200 day moving average of $4.80. CuriosityStream has a 12 month low of $1.47 and a 12 month high of $7.15. The firm has a market cap of $243.31 million, a PE ratio of -46.66 and a beta of 1.85.

CuriosityStream (NASDAQ:CURI) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01. CuriosityStream had a negative return on equity of 8.37% and a negative net margin of 7.84%.The company had revenue of $19.01 million during the quarter, compared to analyst estimates of $16.75 million. As a group, equities research analysts forecast that CuriosityStream will post -0.2 earnings per share for the current fiscal year.

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.