Renaissance Technologies LLC Grows Stake in CuriosityStream Inc. (NASDAQ:CURI)

Renaissance Technologies LLC increased its holdings in CuriosityStream Inc. (NASDAQ:CURI) by 9.7% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 470,900 shares of the company’s stock after buying an additional 41,454 shares during the period. Renaissance Technologies LLC owned 0.85% of CuriosityStream worth $720,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in CURI. Geode Capital Management LLC increased its stake in CuriosityStream by 21.2% in the 3rd quarter. Geode Capital Management LLC now owns 322,946 shares of the company’s stock worth $617,000 after acquiring an additional 56,402 shares during the last quarter. Virtu Financial LLC increased its position in shares of CuriosityStream by 115.5% in the third quarter. Virtu Financial LLC now owns 27,812 shares of the company’s stock worth $53,000 after purchasing an additional 14,905 shares during the last quarter. Penbrook Management LLC bought a new position in shares of CuriosityStream in the fourth quarter worth approximately $247,000. Finally, Delta Financial Group Inc. raised its stake in CuriosityStream by 17.7% in the fourth quarter. Delta Financial Group Inc. now owns 67,587 shares of the company’s stock valued at $103,000 after purchasing an additional 10,182 shares in the last quarter. Institutional investors own 6.79% of the company’s stock.

Analyst Ratings Changes

Separately, Needham & Company LLC reissued a “buy” rating and issued a $3.00 price target on shares of CuriosityStream in a research note on Thursday, April 3rd.

CuriosityStream Stock Down 0.9 %

NASDAQ CURI opened at $3.25 on Friday. The company has a market capitalization of $187.28 million, a price-to-earnings ratio of -11.61 and a beta of 1.30. CuriosityStream Inc. has a twelve month low of $0.98 and a twelve month high of $3.74. The stock’s 50-day simple moving average is $2.79 and its two-hundred day simple moving average is $2.30.

CuriosityStream (NASDAQ:CURI) last issued its earnings results on Tuesday, March 11th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.03). CuriosityStream had a negative return on equity of 22.18% and a negative net margin of 28.56%. The firm had revenue of $51.13 million during the quarter, compared to analysts’ expectations of $14.51 million. On average, equities analysts expect that CuriosityStream Inc. will post -0.2 earnings per share for the current fiscal year.

CuriosityStream 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.