CuriosityStream Inc. (NASDAQ:CURI) Shares Purchased by Geode Capital Management LLC

Geode Capital Management LLC lifted its position in CuriosityStream Inc. (NASDAQ:CURI) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 330,615 shares of the company’s stock after purchasing an additional 7,669 shares during the quarter. Geode Capital Management LLC owned about 0.60% of CuriosityStream worth $506,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Virtu Financial LLC grew its stake in shares of CuriosityStream by 115.5% in the 3rd quarter. Virtu Financial LLC now owns 27,812 shares of the company’s stock valued at $53,000 after buying an additional 14,905 shares during the period. Delta Financial Group Inc. lifted its holdings 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 acquiring an additional 10,182 shares during the last quarter. Finally, Penbrook Management LLC acquired a new position in CuriosityStream in the fourth quarter valued at approximately $247,000. 6.79% of the stock is currently owned by institutional investors and hedge funds.

CuriosityStream Stock Up 4.9 %

CuriosityStream stock opened at $3.41 on Friday. CuriosityStream Inc. has a 52-week low of $0.98 and a 52-week high of $3.74. The firm has a market cap of $196.50 million, a PE ratio of -12.18 and a beta of 1.30. The company’s 50 day moving average is $2.80 and its two-hundred day moving average is $2.31.

CuriosityStream (NASDAQ:CURI) last posted 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). The business had revenue of $51.13 million during the quarter, compared to analysts’ expectations of $14.51 million. CuriosityStream had a negative net margin of 28.56% and a negative return on equity of 22.18%. On average, equities research analysts anticipate that CuriosityStream Inc. will post -0.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

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.