CuriosityStream Inc. (NASDAQ:CURI) Director Jonathan Huberman Sells 12,936 Shares of Stock

CuriosityStream Inc. (NASDAQ:CURI) Director Jonathan Huberman sold 12,936 shares of the company’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $1.66, for a total value of $21,473.76. Following the completion of the transaction, the director now directly owns 37,064 shares in the company, valued at $61,526.24. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Jonathan Huberman also recently made the following trade(s):

• On Wednesday, August 28th, Jonathan Huberman sold 120,861 shares of CuriosityStream stock. The shares were sold at an average price of $1.47, for a total value of $177,665.67.

CuriosityStream Stock Performance

Shares of CuriosityStream stock opened at $1.64 on Friday. CuriosityStream Inc. has a fifty-two week low of $0.45 and a fifty-two week high of $1.77. The company has a market cap of $87.90 million, a P/E ratio of -1.89 and a beta of 1.18. The firm has a 50-day simple moving average of $1.21 and a two-hundred day simple moving average of $1.04.

CuriosityStream (NASDAQ:CURI) last issued its quarterly earnings results on Tuesday, August 13th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. The company had revenue of $12.40 million for the quarter, compared to the consensus estimate of $12.30 million. CuriosityStream had a negative return on equity of 27.47% and a negative net margin of 69.87%. During the same quarter in the prior year, the business posted ($0.19) earnings per share. Equities research analysts forecast that CuriosityStream Inc. will post -0.15 EPS for the current year.

CuriosityStream Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Saturday, October 12th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 6.10%. The ex-dividend date is Friday, October 11th. CuriosityStream’s payout ratio is presently -11.49%.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reiterated a “buy” rating and issued a $1.35 target price on shares of CuriosityStream in a research report on Wednesday, August 14th.

Hedge Funds Weigh In On CuriosityStream

A number of large investors have recently added to or reduced their stakes in CURI. Acadian Asset Management LLC purchased a new stake in shares of CuriosityStream during the second quarter worth about $27,000. CWM LLC lifted its stake in CuriosityStream by 6,399.4% in the 2nd quarter. CWM LLC now owns 72,468 shares of the company’s stock valued at $83,000 after buying an additional 71,353 shares in the last quarter. Virtu Financial LLC increased its stake in CuriosityStream by 782.8% during the 1st quarter. Virtu Financial LLC now owns 151,267 shares of the company’s stock worth $162,000 after buying an additional 134,132 shares in the last quarter. Oldfield Partners LLP acquired a new stake in shares of CuriosityStream in the second quarter worth approximately $417,000. Finally, Renaissance Technologies LLC increased its position in shares of CuriosityStream by 28.9% during the second quarter. Renaissance Technologies LLC now owns 402,126 shares of the company’s stock worth $458,000 after purchasing an additional 90,126 shares in the last quarter. 6.79% of the stock is currently owned by institutional investors and hedge funds.

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.