CuriosityStream (NASDAQ:CURI) Stock Rating Upgraded by Zacks Research

CuriosityStream (NASDAQ:CURI) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Other research analysts have also issued reports about the company. Barrington Research reaffirmed an “outperform” rating and issued a $6.00 target price on shares of CuriosityStream in a research report on Thursday, November 13th. Wall Street Zen upgraded CuriosityStream from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of CuriosityStream in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, CuriosityStream currently has an average rating of “Moderate Buy” and an average target price of $6.33.

CuriosityStream Stock Performance

Shares of CURI stock opened at $3.18 on Tuesday. CuriosityStream has a one year low of $2.06 and a one year high of $7.15. The company has a 50 day moving average price of $3.84 and a 200 day moving average price of $4.32. The firm has a market capitalization of $185.39 million, a price-to-earnings ratio of -35.33 and a beta of 1.84.

CuriosityStream (NASDAQ:CURI) last announced 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). CuriosityStream had a negative net margin of 8.19% and a negative return on equity of 10.24%. The company had revenue of $18.36 million during the quarter, compared to analyst estimates of $16.35 million. As a group, equities analysts forecast that CuriosityStream will post -0.2 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Jonathan Huberman sold 14,116 shares of the business’s stock in a transaction that occurred 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 directly owned 1,210,169 shares of the company’s stock, valued at approximately $6,050,845. The trade was a 1.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Phillip Brady Hayden sold 17,474 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $3.76, for a total value of $65,702.24. Following the completion of the transaction, the chief financial officer owned 101,667 shares of the company’s stock, valued at approximately $382,267.92. This represents a 14.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 362,885 shares of company stock worth $1,693,397 over the last three months. 52.00% of the stock is currently owned by corporate insiders.

Institutional Trading of CuriosityStream

Hedge funds have recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its position in shares of CuriosityStream by 45.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 560,184 shares of the company’s stock worth $2,129,000 after purchasing an additional 175,500 shares in the last quarter. Geode Capital Management LLC increased its stake in CuriosityStream by 15.5% during the 4th quarter. Geode Capital Management LLC now owns 865,056 shares of the company’s stock worth $3,288,000 after buying an additional 116,005 shares during the period. Legato Capital Management LLC increased its stake in CuriosityStream by 9.7% during the 4th quarter. Legato Capital Management LLC now owns 197,261 shares of the company’s stock worth $750,000 after buying an additional 17,423 shares during the period. GSA Capital Partners LLP lifted its holdings in CuriosityStream by 40.6% in the 4th quarter. GSA Capital Partners LLP now owns 260,618 shares of the company’s stock worth $990,000 after buying an additional 75,220 shares in the last quarter. Finally, ARS Investment Partners LLC purchased a new position in CuriosityStream in the 4th quarter valued at about $455,000. Hedge funds and other institutional investors 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.