CuriosityStream (NASDAQ:CURI) CEO Clinton Larry Stinchcomb Acquires 30,000 Shares

CuriosityStream Inc. (NASDAQ:CURI) CEO Clinton Larry Stinchcomb bought 30,000 shares of CuriosityStream stock in a transaction on Thursday, August 27th. The shares were acquired at an average cost of $2.55 per share, with a total value of $76,500.00. Following the completion of the acquisition, the chief executive officer owned 3,001,260 shares of the company’s stock, valued at $7,653,213. The trade was a 1.01% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

CuriosityStream Trading Up 2.7%

CURI opened at $2.68 on Tuesday. CuriosityStream Inc. has a 1-year low of $2.30 and a 1-year high of $5.51. The company has a market capitalization of $159.03 million, a PE ratio of 268.00 and a beta of 1.77. The firm’s 50 day simple moving average is $2.70 and its two-hundred day simple moving average is $2.94.

CuriosityStream (NASDAQ:CURI) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.11. The firm had revenue of $23.25 million during the quarter, compared to the consensus estimate of $21.32 million. CuriosityStream had a net margin of 0.03% and a return on equity of 0.06%. Equities analysts forecast that CuriosityStream Inc. will post 0.2 earnings per share for the current fiscal year.

CuriosityStream Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, September 4th will be paid a $0.085 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.34 annualized dividend and a dividend yield of 12.7%. CuriosityStream’s dividend payout ratio (DPR) is 3,400.00%.

Institutional Investors Weigh In On CuriosityStream

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio purchased a new position in shares of CuriosityStream in the 2nd quarter worth approximately $25,000. Mangrove Partners IM LLC purchased a new stake in CuriosityStream during the 4th quarter valued at $42,000. Quarry LP purchased a new stake in CuriosityStream during the 3rd quarter valued at $45,000. Schonfeld Strategic Advisors LLC lifted its position in CuriosityStream by 30.8% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 13,235 shares of the company’s stock worth $50,000 after buying an additional 3,115 shares during the last quarter. Finally, Diversify Wealth Management LLC bought a new stake in CuriosityStream in the first quarter worth $53,000. 6.79% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently commented on CURI. Zacks Research raised CuriosityStream from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 13th. Barrington Research reduced their target price on CuriosityStream from $5.50 to $5.00 and set an “outperform” rating on the stock in a report on Friday, May 15th. Wall Street Zen upgraded CuriosityStream from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Weiss Ratings raised CuriosityStream from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 14th. Finally, Singular Research upgraded CuriosityStream to a “strong-buy” rating in a report on Monday, June 1st. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $5.50.

CuriosityStream Company Profile

CuriosityStream, Inc (NASDAQ: CURI) is a global streaming media company specializing in factual content across science, nature, history and technology. Founded in 2015 by John Hendricks, the founder of the Discovery Channel, CuriosityStream offers on-demand documentaries, series and short-form programming designed to inform and entertain viewers with high-quality educational content. The company’s library features both original productions and licensed titles, covering topics such as space exploration, wildlife conservation, archaeology and cutting-edge scientific research.

Since its launch, CuriosityStream has expanded its reach to subscribers in more than 175 countries, delivering content in multiple languages and via a range of platforms.