Cineverse (NASDAQ:CNVS) Insider Gary Loffredo Acquires 30,000 Shares of Stock

Cineverse Corp. (NASDAQ:CNVS) insider Gary Loffredo purchased 30,000 shares of the company’s stock in a transaction dated Tuesday, February 17th. The stock was acquired at an average price of $2.00 per share, with a total value of $60,000.00. Following the completion of the transaction, the insider owned 200,337 shares of the company’s stock, valued at $400,674. This represents a 17.61% increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website.

Cineverse Price Performance

Shares of NASDAQ:CNVS opened at $2.71 on Wednesday. The business’s 50 day simple moving average is $2.13 and its 200 day simple moving average is $3.05. Cineverse Corp. has a 1 year low of $1.77 and a 1 year high of $7.39. The company has a market capitalization of $51.90 million, a P/E ratio of -19.36 and a beta of 1.66.

Cineverse (NASDAQ:CNVS) last announced its quarterly earnings data on Tuesday, February 17th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.02). The company had revenue of $16.29 million during the quarter, compared to analyst estimates of $20.00 million. Cineverse had a negative net margin of 1.49% and a negative return on equity of 3.55%.

Cineverse News Roundup

Here are the key news stories impacting Cineverse this week:

• Positive Sentiment: Company completed two post‑quarter acquisitions expected to add ~ $53M in annual revenue and ~ $10M in adjusted EBITDA for FY2027 and said the deals are immediately accretive; this materially boosts growth and profit outlook. Acquisitions & Results
• Positive Sentiment: Management insider buying: multiple insiders (including CFO Mark Wayne Lindsey) purchased shares at $2.00 each on Feb 17 (individual buys of 25k–37.5k shares), materially increasing their stakes — a strong signal of insider confidence. Insider Filings
• Positive Sentiment: Operational leverage: Cineverse reported a direct operating margin of 69% (vs. 48% year‑ago) and adjusted EBITDA of $2.4M for the quarter, showing margin expansion that supports the company’s higher FY2027 adjusted EBITDA guidance. Results & Margin
• Neutral Sentiment: Short‑interest data in recent feeds shows 0 shares short (and NaN changes), which appears to be a reporting anomaly — not a reliable signal for immediate pressure or squeeze risk.
• Negative Sentiment: Reported results missed some expectations: EPS was a ($0.05) loss and revenue was $16.29M; the company still shows a negative net margin (1.49%) and negative ROE (3.55%), highlighting ongoing profitability headwinds. Quarterly Release
• Neutral Sentiment: Market commentary and the earnings call transcript provide context for why the stock rose despite misses — investors focused on guidance, acquisition accretion and insider purchases. Earnings Transcript

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. UBS Group set a $9.00 price objective on shares of Cineverse in a research note on Friday, October 24th. Benchmark reaffirmed a “speculative buy” rating on shares of Cineverse in a report on Monday, November 17th. Weiss Ratings reissued a “sell (d-)” rating on shares of Cineverse in a research note on Monday, December 29th. Finally, Wall Street Zen downgraded shares of Cineverse from a “hold” rating to a “sell” rating in a research report on Saturday, October 25th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Cineverse has an average rating of “Hold” and a consensus target price of $9.00.

Institutional Trading of Cineverse

A number of hedge funds have recently added to or reduced their stakes in CNVS. StoneX Group Inc. bought a new stake in shares of Cineverse during the fourth quarter worth $30,000. Sugar Maple Asset Management LLC bought a new position in shares of Cineverse in the 3rd quarter valued at $42,000. Kathmere Capital Management LLC acquired a new stake in shares of Cineverse during the 3rd quarter valued at $44,000. Hillsdale Investment Management Inc. bought a new stake in Cineverse during the 2nd quarter worth $48,000. Finally, Prelude Capital Management LLC increased its holdings in Cineverse by 31.1% in the 3rd quarter. Prelude Capital Management LLC now owns 17,037 shares of the company’s stock worth $57,000 after purchasing an additional 4,037 shares in the last quarter. Institutional investors and hedge funds own 8.19% of the company’s stock.

Cineverse Company Profile

Cineverse (NASDAQ: CNVS), formerly known as Cinedigm, is a digital entertainment company that acquires, produces and distributes film and television content across a range of platforms. Through its streaming division, the company offers a portfolio of direct-to-consumer channels and apps—spanning genres such as horror, faith and family, documentaries and classic cinema—on both AVOD (ad-supported) and FAST (free ad-supported television) services. Cineverse also licenses its curated libraries to third-party streaming platforms, pay-TV operators and retail video-on-demand providers.

In addition to its consumer-facing streaming business, Cineverse operates a digital cinema network that supplies hardware, software and content delivery solutions to cinema exhibitors throughout North America.