Insider Selling: CuriosityStream Inc. (NASDAQ:CURI) Director Sells $32,805.52 in Stock

CuriosityStream Inc. (NASDAQ:CURI) Director Michael Nikzad sold 27,112 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $1.21, for a total transaction of $32,805.52. Following the completion of the transaction, the director now owns 159,883 shares in the company, valued at approximately $193,458.43. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Michael Nikzad also recently made the following trade(s):

• On Thursday, August 22nd, Michael Nikzad sold 32,226 shares of CuriosityStream stock. The stock was sold at an average price of $1.20, for a total value of $38,671.20.
• On Monday, August 19th, Michael Nikzad sold 58,896 shares of CuriosityStream stock. The stock was sold at an average price of $1.12, for a total value of $65,963.52.
• On Friday, August 16th, Michael Nikzad sold 17,889 shares of CuriosityStream stock. The stock was sold at an average price of $1.16, for a total value of $20,751.24.
• On Tuesday, June 4th, Michael Nikzad sold 100 shares of CuriosityStream stock. The stock was sold at an average price of $1.06, for a total value of $106.00.
• On Thursday, May 30th, Michael Nikzad sold 1,586 shares of CuriosityStream stock. The shares were sold at an average price of $1.06, for a total value of $1,681.16.

CuriosityStream Trading Up 6.2 %

Shares of CuriosityStream stock opened at $1.54 on Friday. The firm has a market capitalization of $82.54 million, a P/E ratio of -1.77 and a beta of 1.15. The business has a fifty day simple moving average of $1.16 and a two-hundred day simple moving average of $1.01. CuriosityStream Inc. has a 12 month low of $0.45 and a 12 month high of $1.60.

CuriosityStream (NASDAQ:CURI) last announced its quarterly earnings data on Tuesday, August 13th. The company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.01. CuriosityStream had a negative net margin of 69.87% and a negative return on equity of 27.47%. The company had revenue of $12.40 million during the quarter, compared to analyst estimates of $12.30 million. During the same period in the previous year, the business earned ($0.19) EPS. Analysts predict that CuriosityStream Inc. will post -0.15 earnings per share for the current year.

CuriosityStream Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Saturday, October 12th will be given a dividend of $0.025 per share. The ex-dividend date is Friday, October 11th. This represents a $0.10 annualized dividend and a dividend yield of 6.49%. CuriosityStream’s dividend payout ratio (DPR) is presently -11.49%.

Wall Street Analyst Weigh In

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

Hedge Funds Weigh In On CuriosityStream

A number of hedge funds have recently bought and sold shares of CURI. Renaissance Technologies LLC raised its holdings in shares of CuriosityStream by 28.9% during the second quarter. Renaissance Technologies LLC now owns 402,126 shares of the company’s stock valued at $458,000 after purchasing an additional 90,126 shares during the last quarter. Oldfield Partners LLP purchased a new stake in CuriosityStream in the second quarter worth approximately $417,000. Acadian Asset Management LLC bought a new stake in CuriosityStream in the 2nd quarter worth approximately $27,000. CWM LLC raised its stake in CuriosityStream by 6,399.4% during 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 during the last quarter. Finally, Virtu Financial LLC lifted its holdings in shares of CuriosityStream by 782.8% during the 1st quarter. Virtu Financial LLC now owns 151,267 shares of the company’s stock valued at $162,000 after buying an additional 134,132 shares during the period. Hedge funds and other institutional investors own 6.79% of the company’s stock.

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.