Erick Opeka Purchases 30,000 Shares of Cineverse (NASDAQ:CNVS) Stock

Cineverse Corp. (NASDAQ:CNVS) insider Erick Opeka acquired 30,000 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were bought at an average cost of $2.00 per share, with a total value of $60,000.00. Following the completion of the transaction, the insider directly owned 224,146 shares in the company, valued at $448,292. This trade represents a 15.45% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Cineverse Price Performance

Cineverse stock opened at $2.97 on Thursday. The business has a 50 day simple moving average of $2.14 and a 200-day simple moving average of $3.05. Cineverse Corp. has a 12 month low of $1.77 and a 12 month high of $7.39. The stock has a market capitalization of $56.88 million, a PE ratio of -5.60 and a beta of 1.66.

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

Key Stories Impacting Cineverse

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

Analyst Upgrades and Downgrades

CNVS has been the topic of several research analyst reports. Benchmark restated a “speculative buy” rating on shares of Cineverse in a research report on Monday, November 17th. Wall Street Zen downgraded shares of Cineverse from a “hold” rating to a “sell” rating in a report on Saturday, October 25th. Alliance Global Partners reiterated a “buy” rating on shares of Cineverse in a research report on Wednesday. Weiss Ratings reissued a “sell (d-)” rating on shares of Cineverse in a research note on Monday, December 29th. Finally, UBS Group set a $9.00 price objective on Cineverse in a research note on Friday, October 24th. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $9.00.

Institutional Trading of Cineverse

Large investors have recently made changes to their positions in the stock. Prelude Capital Management LLC increased its position in Cineverse by 31.1% during 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. Founders Financial Securities LLC lifted its holdings in Cineverse by 38.5% in the 3rd quarter. Founders Financial Securities LLC now owns 18,000 shares of the company’s stock valued at $60,000 after purchasing an additional 5,000 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Cineverse by 4.3% during the 4th quarter. Geode Capital Management LLC now owns 168,711 shares of the company’s stock worth $356,000 after purchasing an additional 6,952 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Cineverse by 11.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 78,936 shares of the company’s stock worth $166,000 after buying an additional 8,155 shares in the last quarter. Finally, Osaic Holdings Inc. raised its position in shares of Cineverse by 61.3% in the second quarter. Osaic Holdings Inc. now owns 22,902 shares of the company’s stock valued at $109,000 after buying an additional 8,700 shares during 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.