CuriosityStream (NASDAQ:CURI) CFO Phillip Brady Hayden Sells 17,474 Shares

CuriosityStream Inc. (NASDAQ:CURI) CFO Phillip Brady Hayden sold 17,474 shares of the stock in a transaction that occurred 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 completion of the sale, the chief financial officer directly owned 101,667 shares of the company’s stock, valued at approximately $382,267.92. The trade was a 14.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Phillip Brady Hayden also recently made the following trade(s):

• On Monday, December 15th, Phillip Brady Hayden sold 2,000 shares of CuriosityStream stock. The stock was sold at an average price of $4.59, for a total transaction of $9,180.00.
• On Monday, November 17th, Phillip Brady Hayden sold 1,343 shares of CuriosityStream stock. The shares were sold at an average price of $4.50, for a total transaction of $6,043.50.

CuriosityStream Trading Down 1.1%

Shares of CURI traded down $0.04 during midday trading on Friday, reaching $3.76. The stock had a trading volume of 358,550 shares, compared to its average volume of 619,444. The firm has a market cap of $219.21 million, a PE ratio of -41.77 and a beta of 1.78. The firm has a 50 day simple moving average of $4.31 and a 200-day simple moving average of $4.58. CuriosityStream Inc. has a one year low of $1.51 and a one year high of $7.15.

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

CuriosityStream Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 8.5%. The ex-dividend date was Friday, December 5th. CuriosityStream’s payout ratio is currently -355.56%.

Analyst Upgrades and Downgrades

CURI has been the subject of several research reports. Zacks Research raised CuriosityStream from a “strong sell” rating to a “hold” rating in a report on Thursday, December 11th. Barrington Research restated an “outperform” rating and set a $6.00 target price on shares of CuriosityStream in a research note on Thursday, November 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of CuriosityStream in a report on Monday. Needham & Company LLC upped their price target on shares of CuriosityStream from $5.50 to $6.00 and gave the company a “buy” rating in a research note on Thursday, September 25th. Finally, Wall Street Zen upgraded shares of CuriosityStream from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, CuriosityStream has an average rating of “Moderate Buy” and an average price target of $6.33.

Hedge Funds Weigh In On CuriosityStream

A number of hedge funds have recently bought and sold shares of CURI. Essex Investment Management Co. LLC acquired a new stake in CuriosityStream in the 3rd quarter worth about $3,298,000. Russell Investments Group Ltd. increased its stake in 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 acquiring an additional 418,576 shares during the period. Geode Capital Management LLC increased its stake in 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 acquiring an additional 385,534 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in 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 acquiring an additional 321,780 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of CuriosityStream by 143.3% during the 3rd quarter. UBS Group AG now owns 506,170 shares of the company’s stock valued at $2,683,000 after acquiring an additional 298,129 shares during the period. 6.79% of the stock is owned by institutional investors.

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.