CuriosityStream Inc. (NASDAQ:CURI) Major Shareholder Sells $100,394.00 in Stock

CuriosityStream Inc. (NASDAQ:CURI) major shareholder Hendricks Factual Media Llc sold 99,400 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $1.01, for a total value of $100,394.00. Following the transaction, the insider now directly owns 21,256,788 shares in the company, valued at $21,469,355.88. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Large shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

CuriosityStream Price Performance

CuriosityStream stock opened at $0.96 on Thursday. The stock’s 50 day moving average price is $0.56 and its 200 day moving average price is $0.59. CuriosityStream Inc. has a one year low of $0.45 and a one year high of $1.64.

CuriosityStream Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Friday, April 12th will be given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 10.42%. The ex-dividend date of this dividend is Thursday, April 11th.

Analysts Set New Price Targets

Separately, Needham & Company LLC reduced their price target on CuriosityStream from $1.50 to $1.25 and set a “buy” rating on the stock in a research report on Thursday, March 21st.

Hedge Funds Weigh In On CuriosityStream

A number of institutional investors have recently made changes to their positions in the business. UBS Group AG raised its position in shares of CuriosityStream by 70.2% in the 1st quarter. UBS Group AG now owns 34,412 shares of the company’s stock valued at $46,000 after purchasing an additional 14,189 shares in the last quarter. FMR LLC raised its position in shares of CuriosityStream by 960.0% in the 2nd quarter. FMR LLC now owns 19,832 shares of the company’s stock valued at $33,000 after purchasing an additional 17,961 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in shares of CuriosityStream during the 1st quarter valued at approximately $30,000. Charles Schwab Investment Management Inc. acquired a new stake in shares of CuriosityStream during the 1st quarter valued at approximately $31,000. Finally, Virtu Financial LLC acquired a new stake in shares of CuriosityStream during the 1st quarter valued at approximately $67,000. 6.79% of the stock is owned by institutional investors and hedge funds.

About CuriosityStream

CuriosityStream Inc operates as a factual content streaming service and media company. The company provides premium video 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, content licensing, brand sponsorship and advertising, talks and courses, and partner bulk sales.