CuriosityStream Inc. (NASDAQ:CURI) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of CuriosityStream Inc. (NASDAQ:CURI) have been assigned a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $6.3333.

A number of equities research analysts have weighed in on CURI shares. Needham & Company LLC lifted their target price on CuriosityStream from $5.50 to $6.00 and gave the stock a “buy” rating in a report on Thursday, September 25th. Barrington Research reiterated an “outperform” rating and issued a $6.00 price objective on shares of CuriosityStream in a research note on Thursday, November 13th. Zacks Research raised shares of CuriosityStream from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 11th. Weiss Ratings restated a “sell (d+)” rating on shares of CuriosityStream in a report on Monday, December 29th. Finally, Wall Street Zen raised shares of CuriosityStream from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th.

CuriosityStream Stock Up 3.5%

Shares of NASDAQ CURI opened at $3.54 on Friday. The company has a market capitalization of $206.38 million, a PE ratio of -39.33 and a beta of 1.78. CuriosityStream has a twelve month low of $1.53 and a twelve month high of $7.15. The firm has a fifty day simple moving average of $4.20 and a 200 day simple moving average of $4.51.

CuriosityStream (NASDAQ:CURI) last issued its quarterly earnings results on Wednesday, November 12th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.04). The business had revenue of $18.36 million for the quarter, compared to analyst estimates of $16.35 million. CuriosityStream had a negative return on equity of 10.24% and a negative net margin of 8.19%. As a group, equities analysts expect that CuriosityStream will post -0.2 earnings per share for the current fiscal year.

CuriosityStream Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Friday, December 5th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 9.0%. The ex-dividend date of this dividend was Friday, December 5th. CuriosityStream’s dividend payout ratio is -355.56%.

Insider Transactions at CuriosityStream

In other CuriosityStream news, COO Theresa Ellen Cudahy sold 10,200 shares of the business’s stock in a transaction on Thursday, November 20th. The shares were sold at an average price of $4.98, for a total transaction of $50,796.00. Following the completion of the sale, the chief operating officer owned 514,648 shares in the company, valued at approximately $2,562,947.04. The trade was a 1.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Jonathan Huberman sold 14,116 shares of the company’s stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $5.00, for a total transaction of $70,580.00. Following the transaction, the director owned 1,210,169 shares in the company, valued at approximately $6,050,845. The trade was a 1.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 377,729 shares of company stock worth $1,767,506 in the last three months. Insiders own 52.00% of the company’s stock.

Institutional Investors Weigh In On CuriosityStream

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Essex Investment Management Co. LLC bought a new position in CuriosityStream in the 3rd quarter valued at about $3,298,000. Russell Investments Group Ltd. lifted its holdings in shares of CuriosityStream by 974.5% in the third quarter. Russell Investments Group Ltd. now owns 461,527 shares of the company’s stock valued at $2,446,000 after purchasing an additional 418,576 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of CuriosityStream by 112.9% in the second quarter. Geode Capital Management LLC now owns 727,103 shares of the company’s stock valued at $4,094,000 after purchasing an additional 385,534 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in CuriosityStream by 225.2% during the second quarter. Arrowstreet Capital Limited Partnership now owns 464,691 shares of the company’s stock worth $2,616,000 after buying an additional 321,780 shares in the last quarter. Finally, UBS Group AG raised its position in CuriosityStream by 143.3% in the 3rd quarter. UBS Group AG now owns 506,170 shares of the company’s stock valued at $2,683,000 after buying an additional 298,129 shares during the last quarter. Institutional investors and hedge funds own 6.79% of the company’s stock.

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.