CuriosityStream Inc. (NASDAQ:CURI) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of CuriosityStream Inc. (NASDAQ:CURI) have been given a consensus rating of “Moderate Buy” by the six analysts that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $6.00.

Several brokerages recently issued reports on CURI. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of CuriosityStream in a research note on Tuesday, June 9th. Singular Research raised shares of CuriosityStream to a “strong-buy” rating in a research note on Monday, June 1st. Finally, Barrington Research dropped their price target on CuriosityStream from $5.50 to $5.00 and set an “outperform” rating for the company in a research report on Friday, May 15th.

Insider Buying and Selling at CuriosityStream

In other CuriosityStream news, Director Patrick J. Keeley sold 31,559 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $2.70, for a total value of $85,209.30. Following the transaction, the director directly owned 188,450 shares in the company, valued at $508,815. The trade was a 14.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Phillip Brady Hayden sold 30,400 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $2.56, for a total value of $77,824.00. Following the completion of the transaction, the chief financial officer owned 71,267 shares of the company’s stock, valued at $182,443.52. The trade was a 29.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 31.10% of the stock is currently owned by company insiders.

Institutional Trading of CuriosityStream

Institutional investors have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue purchased a new stake in CuriosityStream in the fourth quarter valued at approximately $35,000. Mangrove Partners IM LLC purchased a new position in shares of CuriosityStream during the fourth quarter worth $42,000. Quarry LP purchased a new position in shares of CuriosityStream during the third quarter worth $45,000. Schonfeld Strategic Advisors LLC grew its stake in shares of CuriosityStream by 30.8% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 13,235 shares of the company’s stock valued at $50,000 after buying an additional 3,115 shares in the last quarter. Finally, Diversify Wealth Management LLC acquired a new stake in shares of CuriosityStream in the first quarter valued at $53,000. Institutional investors and hedge funds own 6.79% of the company’s stock.

CuriosityStream Price Performance

Shares of NASDAQ:CURI opened at $2.68 on Friday. CuriosityStream has a 1 year low of $2.30 and a 1 year high of $5.51. The firm has a market capitalization of $158.04 million, a PE ratio of -20.62 and a beta of 1.74. The business’s 50 day moving average price is $2.78 and its 200-day moving average price is $3.18.

CuriosityStream (NASDAQ:CURI) last issued its earnings results on Thursday, May 14th. The company reported ($0.02) EPS for the quarter, meeting analysts’ consensus estimates of ($0.02). The business had revenue of $15.16 million during the quarter, compared to analysts’ expectations of $16.79 million. CuriosityStream had a negative net margin of 11.26% and a negative return on equity of 18.46%. As a group, analysts expect that CuriosityStream will post 0.07 earnings per share for the current year.

CuriosityStream Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 19th. Stockholders of record on Friday, June 5th were issued a dividend of $0.085 per share. The ex-dividend date was Friday, June 5th. This represents a $0.34 annualized dividend and a dividend yield of 12.7%. This is a boost from CuriosityStream’s previous quarterly dividend of $0.08. CuriosityStream’s payout ratio is presently -261.54%.

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.