Mark Wayne Lindsey Buys 35,000 Shares of Cineverse (NASDAQ:CNVS) Stock

Cineverse Corp. (NASDAQ:CNVS) CFO Mark Wayne Lindsey purchased 35,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The stock was bought at an average cost of $2.00 per share, with a total value of $70,000.00. Following the completion of the purchase, the chief financial officer owned 154,168 shares of the company’s stock, valued at $308,336. This represents a 29.37% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Cineverse Price Performance

Shares of CNVS opened at $2.97 on Thursday. The company has a 50-day simple moving average of $2.14 and a two-hundred day simple moving average of $3.05. The firm has a market capitalization of $56.88 million, a PE ratio of -5.60 and a beta of 1.66. Cineverse Corp. has a one year low of $1.77 and a one year high of $7.39.

Cineverse (NASDAQ:CNVS) last announced its earnings results on Tuesday, February 17th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.02). The firm had revenue of $16.29 million during the quarter, compared to the consensus estimate of $20.00 million. Cineverse had a negative return on equity of 27.55% and a negative net margin of 16.67%.

Institutional Investors Weigh In On Cineverse

Several institutional investors and hedge funds have recently made changes to their positions in CNVS. XTX Topco Ltd raised its holdings in Cineverse by 57.4% in the 4th quarter. XTX Topco Ltd now owns 29,126 shares of the company’s stock worth $61,000 after acquiring an additional 10,621 shares during the last quarter. StoneX Group Inc. bought a new stake in shares of Cineverse in the 4th quarter worth $30,000. Dimensional Fund Advisors LP raised its stake in shares of Cineverse by 11.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 78,936 shares of the company’s stock worth $166,000 after purchasing an additional 8,155 shares during the last quarter. T3 Companies LLC bought a new position in shares of Cineverse during the fourth quarter valued at $273,000. Finally, Geode Capital Management LLC boosted its position in shares of Cineverse by 4.3% during the fourth quarter. Geode Capital Management LLC now owns 168,711 shares of the company’s stock valued at $356,000 after buying an additional 6,952 shares during the last quarter. Institutional investors own 8.19% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on CNVS shares. UBS Group set a $9.00 target price on shares of Cineverse in a research report on Friday, October 24th. Wall Street Zen cut shares of Cineverse from a “hold” rating to a “sell” rating in a report on Saturday, October 25th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Cineverse in a report on Monday, December 29th. Benchmark reissued a “speculative buy” rating on shares of Cineverse in a research report on Monday, November 17th. Finally, Alliance Global Partners reaffirmed a “buy” rating on shares of Cineverse in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $9.00.

Cineverse News Roundup

Here are the key news stories impacting Cineverse this week:

• Positive Sentiment: Company completed two post‑quarter acquisitions that management says will add ~ $53M of annual revenue and ~ $10M of adjusted EBITDA for FY2027 and are expected to be immediately accretive — a material boost to growth and margins. Acquisitions & Results
• Positive Sentiment: Cineverse announced the acquisition of IndiCue to expand high‑margin streaming infrastructure, reinforcing management’s platform pivot and inorganic growth strategy. IndiCue Acquisition
• Positive Sentiment: Heavy insider buying on Feb 17: multiple executives (including the CFO and other officers) purchased shares at $2.00 each in several filings — a strong signal of management conviction and likely contributor to positive market sentiment. Insider Trades
• Positive Sentiment: Management raised forward targets: guidance for FY2027 of $115M–$120M revenue and $10M–$20M adjusted EBITDA, plus reported adjusted EBITDA of $2.4M and a large improvement in direct operating margin (69% vs. 48% prior year) — supports the growth/profitability story. Guidance & Strategy
• Neutral Sentiment: Earnings call and transcripts provide context on the platform pivot, AI integration and acquisition rationale — useful for due diligence but not new headline catalysts beyond guidance and deals. Earnings Transcript
• Neutral Sentiment: Reported short‑interest data shows “0 shares” (and NaN changes) — likely a reporting anomaly rather than a meaningful short‑squeeze signal. Investors should treat this as unreliable.
• Negative Sentiment: Q3 results missed expectations: revenue of $16.29M vs. ~$20M consensus and EPS of ($0.05) vs. ($0.03) expected; company still shows a negative net margin and negative ROE, underscoring ongoing profitability risk until acquisitions and scale materialize. Quarterly Release

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.