Cineverse (NASDAQ:CNVS) CFO Purchases $70,000.00 in Stock

Cineverse Corp. (NASDAQ:CNVS) CFO Mark Wayne Lindsey acquired 35,000 shares of the stock in a transaction dated Tuesday, February 17th. The shares were bought at an average cost of $2.00 per share, with a total value of $70,000.00. Following the transaction, the chief financial officer directly 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 legal filing with the SEC, which is available at this link.

Cineverse Stock Up 8.4%

CNVS traded up $0.21 during trading on Tuesday, hitting $2.71. The company had a trading volume of 1,641,818 shares, compared to its average volume of 286,749. The company has a market capitalization of $51.90 million, a PE ratio of -19.36 and a beta of 1.66. Cineverse Corp. has a one year low of $1.77 and a one year high of $7.39. The firm’s 50-day moving average price is $2.13 and its 200 day moving average price is $3.05.

Cineverse (NASDAQ:CNVS) last released its quarterly earnings results on Tuesday, February 17th. The company reported ($0.05) earnings per share (EPS) for the quarter. The firm had revenue of $16.29 million during the quarter. Cineverse had a negative net margin of 1.49% and a negative return on equity of 3.55%.

Analyst Ratings Changes

A number of research firms have weighed in on CNVS. Benchmark reaffirmed a “speculative buy” rating on shares of Cineverse in a research report on Monday, November 17th. Weiss Ratings restated a “sell (d-)” rating on shares of Cineverse in a report on Monday, December 29th. UBS Group set a $9.00 price target on Cineverse in a research note on Friday, October 24th. Finally, Wall Street Zen downgraded shares of Cineverse from a “hold” rating to a “sell” rating in a research report on Saturday, October 25th. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $9.00.

Institutional Trading of Cineverse

A number of institutional investors have recently bought and sold shares of the business. StoneX Group Inc. bought a new position in shares of Cineverse during the fourth quarter worth approximately $30,000. Sugar Maple Asset Management LLC bought a new stake in shares of Cineverse during the 3rd quarter valued at $42,000. Kathmere Capital Management LLC bought a new stake in shares of Cineverse during the 3rd quarter valued at $44,000. Hillsdale Investment Management Inc. acquired a new stake in shares of Cineverse during the 2nd quarter worth $48,000. Finally, Prelude Capital Management LLC increased its position in shares of Cineverse by 31.1% in the third 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 during the period. Institutional investors own 8.19% of the company’s stock.

Key Cineverse News

Here are the key news stories impacting Cineverse this week:

• Positive Sentiment: Company completed two post‑quarter acquisitions expected to add ~ $53M in annual revenue and ~ $10M in adjusted EBITDA for FY2027 and said the deals are immediately accretive; this materially boosts growth and profit outlook. Acquisitions & Results
• Positive Sentiment: Management insider buying: multiple insiders (including CFO Mark Wayne Lindsey) purchased shares at $2.00 each on Feb 17 (individual buys of 25k–37.5k shares), materially increasing their stakes — a strong signal of insider confidence. Insider Filings
• Positive Sentiment: Operational leverage: Cineverse reported a direct operating margin of 69% (vs. 48% year‑ago) and adjusted EBITDA of $2.4M for the quarter, showing margin expansion that supports the company’s higher FY2027 adjusted EBITDA guidance. Results & Margin
• Neutral Sentiment: Short‑interest data in recent feeds shows 0 shares short (and NaN changes), which appears to be a reporting anomaly — not a reliable signal for immediate pressure or squeeze risk.
• Negative Sentiment: Reported results missed some expectations: EPS was a ($0.05) loss and revenue was $16.29M; the company still shows a negative net margin (1.49%) and negative ROE (3.55%), highlighting ongoing profitability headwinds. Quarterly Release
• Neutral Sentiment: Market commentary and the earnings call transcript provide context for why the stock rose despite misses — investors focused on guidance, acquisition accretion and insider purchases. Earnings Transcript

About Cineverse

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.