CuriosityStream (NASDAQ:CURI) Upgraded at Zacks Research

Zacks Research upgraded shares of CuriosityStream (NASDAQ:CURI) from a strong sell rating to a hold rating in a research report report published on Thursday morning,Zacks.com reports.

A number of other equities research analysts have also commented on CURI. Needham & Company LLC raised their price target on CuriosityStream from $5.50 to $6.00 and gave the stock a “buy” rating in a research report on Thursday, September 25th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of CuriosityStream in a research note on Monday, December 8th. Wall Street Zen upgraded shares of CuriosityStream from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Barrington Research restated an “outperform” rating and set a $6.00 price objective on shares of CuriosityStream in a report on Thursday, November 13th. Finally, Singular Research raised shares of CuriosityStream to a “strong-buy” rating in a research note on Wednesday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $6.33.

CuriosityStream Stock Down 4.0%

Shares of NASDAQ CURI opened at $4.62 on Thursday. CuriosityStream has a twelve month low of $1.47 and a twelve month high of $7.15. The stock has a market cap of $269.35 million, a price-to-earnings ratio of -51.33 and a beta of 1.84. The company’s fifty day moving average is $4.54 and its 200-day moving average is $4.76.

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 firm 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%. On average, research analysts anticipate that CuriosityStream will post -0.2 EPS for the current fiscal year.

CuriosityStream Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Stockholders of record on Friday, December 5th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend is Friday, December 5th. CuriosityStream’s payout ratio is currently -355.56%.

Insider Buying and Selling

In related news, CEO Clinton Larry Stinchcomb sold 141,206 shares of the firm’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $4.65, for a total value of $656,607.90. Following the completion of the transaction, the chief executive officer owned 2,517,998 shares of the company’s stock, valued at approximately $11,708,690.70. This trade represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Theresa Ellen Cudahy sold 10,200 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $4.98, for a total transaction of $50,796.00. Following the sale, the chief operating officer directly owned 514,648 shares in the company, valued at $2,562,947.04. This trade represents a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 358,255 shares of company stock worth $1,692,624. 52.00% of the stock is owned by insiders.

Institutional Trading of CuriosityStream

Institutional investors and hedge funds have recently bought and sold shares of the stock. Essex Investment Management Co. LLC acquired a new position in CuriosityStream during the third quarter valued at approximately $3,298,000. Russell Investments Group Ltd. raised its stake in shares of CuriosityStream by 974.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 461,527 shares of the company’s stock worth $2,446,000 after purchasing an additional 418,576 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of CuriosityStream by 112.9% during the 2nd quarter. Geode Capital Management LLC now owns 727,103 shares of the company’s stock worth $4,094,000 after purchasing an additional 385,534 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of CuriosityStream by 225.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 464,691 shares of the company’s stock valued at $2,616,000 after buying an additional 321,780 shares during the last quarter. Finally, UBS Group AG grew its stake in shares of CuriosityStream by 143.3% in the third 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 in the last quarter. Institutional investors own 6.79% of the company’s stock.

CuriosityStream Company Profile

CuriosityStream Inc operates as a factual content streaming service and media company. The company provides premium video and audio programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly via distribution partners who deliver CuriosityStream content via distributor's platform or system, as well as through bundled content licenses for SVoD and linear offerings, talks and courses, and partner bulk sales.