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

CuriosityStream Inc. (NASDAQ:CURI) has been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $6.3333.

Several equities research analysts have commented on the stock. Zacks Research downgraded shares of CuriosityStream from a “hold” rating to a “strong sell” rating in a research note on Monday, January 12th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of CuriosityStream in a research note on Monday, December 29th. Wall Street Zen upgraded CuriosityStream from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Finally, Barrington Research reiterated an “outperform” rating and issued a $6.00 price objective on shares of CuriosityStream in a research report on Thursday, November 13th.

Insider Transactions at CuriosityStream

In other CuriosityStream news, CFO Phillip Brady Hayden sold 17,474 shares of CuriosityStream stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $3.76, for a total value of $65,702.24. Following the sale, the chief financial officer directly owned 101,667 shares in the company, valued at approximately $382,267.92. The trade was a 14.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Theresa Ellen Cudahy sold 10,200 shares of the firm’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $4.98, for a total value of $50,796.00. Following the completion of the transaction, the chief operating officer owned 514,648 shares of the company’s stock, valued at $2,562,947.04. The trade was a 1.94% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 377,729 shares of company stock worth $1,767,506 in the last 90 days. 52.00% of the stock is owned by corporate insiders.

Institutional Trading of CuriosityStream

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hillsdale Investment Management Inc. grew its position in shares of CuriosityStream by 7.8% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 65,771 shares of the company’s stock valued at $349,000 after acquiring an additional 4,750 shares during the period. Wealthcare Advisory Partners LLC increased its holdings in shares of CuriosityStream by 41.5% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 17,194 shares of the company’s stock worth $65,000 after acquiring an additional 5,039 shares during the last quarter. R Squared Ltd lifted its holdings in CuriosityStream by 36.1% during the 4th quarter. R Squared Ltd now owns 20,245 shares of the company’s stock valued at $77,000 after purchasing an additional 5,365 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of CuriosityStream by 36.6% in the third quarter. Bank of America Corp DE now owns 26,920 shares of the company’s stock valued at $143,000 after purchasing an additional 7,206 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey acquired a new position in CuriosityStream in the 2nd quarter valued at about $41,000. 6.79% of the stock is owned by institutional investors.

CuriosityStream Stock Performance

Shares of CuriosityStream stock opened at $3.42 on Thursday. CuriosityStream has a 52 week low of $2.06 and a 52 week high of $7.15. The stock has a market capitalization of $199.39 million, a price-to-earnings ratio of -38.10 and a beta of 1.84. The firm has a fifty day moving average of $3.98 and a two-hundred day moving average of $4.36.

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

CuriosityStream Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 9.4%. The ex-dividend date of this dividend is Friday, March 6th. CuriosityStream’s payout ratio is currently -355.56%.

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.