Brokerages Set CuriosityStream Inc. (NASDAQ:CURI) Target Price at $6.33

Shares of CuriosityStream Inc. (NASDAQ:CURI) have been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $6.3333.

CURI has been the subject of a number of research reports. Wall Street Zen raised CuriosityStream from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Barrington Research restated an “outperform” rating and issued a $6.00 price objective on shares of CuriosityStream in a report on Thursday, November 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of CuriosityStream in a research note on Monday, December 29th. Finally, Zacks Research cut shares of CuriosityStream from a “hold” rating to a “strong sell” rating in a research report on Monday, January 12th.

Insider Buying and Selling at CuriosityStream

In other news, COO Theresa Ellen Cudahy sold 10,200 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $4.98, for a total transaction of $50,796.00. Following the completion of the sale, the chief operating officer owned 514,648 shares in the company, valued at approximately $2,562,947.04. This represents a 1.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Phillip Brady Hayden sold 17,474 shares of the firm’s stock in a transaction 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 sale, the chief financial officer directly owned 101,667 shares of the company’s stock, valued at approximately $382,267.92. This represents a 14.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 377,729 shares of company stock valued at $1,767,506 in the last ninety days. Company insiders own 52.00% of the company’s stock.

Institutional Investors Weigh In On CuriosityStream

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

CuriosityStream Stock Performance

NASDAQ:CURI opened at $3.29 on Thursday. CuriosityStream has a 1 year low of $2.06 and a 1 year high of $7.15. The business has a fifty day moving average of $3.89 and a 200-day moving average of $4.34. The stock has a market cap of $191.81 million, a price-to-earnings ratio of -36.55 and a beta of 1.84.

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

CuriosityStream Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 9.7%. The ex-dividend date is Friday, March 6th. CuriosityStream’s payout ratio is presently -355.56%.

About CuriosityStream

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.