Calamos Advisors LLC Invests $806,000 in CuriosityStream Inc. $CURI

Calamos Advisors LLC bought a new position in CuriosityStream Inc. (NASDAQ:CURI) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 152,089 shares of the company’s stock, valued at approximately $806,000. Calamos Advisors LLC owned about 0.26% of CuriosityStream at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CURI. Geode Capital Management LLC lifted its holdings in CuriosityStream by 112.9% in the 2nd quarter. Geode Capital Management LLC now owns 727,103 shares of the company’s stock worth $4,094,000 after buying an additional 385,534 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of CuriosityStream by 225.2% during the second quarter. Arrowstreet Capital Limited Partnership now owns 464,691 shares of the company’s stock valued at $2,616,000 after buying an additional 321,780 shares during the period. Lazard Asset Management LLC bought a new position in shares of CuriosityStream during the second quarter valued at approximately $1,537,000. Acadian Asset Management LLC lifted its stake in CuriosityStream by 124.5% in the second quarter. Acadian Asset Management LLC now owns 445,082 shares of the company’s stock worth $2,504,000 after acquiring an additional 246,804 shares during the period. Finally, Jane Street Group LLC purchased a new stake in CuriosityStream in the first quarter worth $486,000. Hedge funds and other institutional investors own 6.79% of the company’s stock.

Insider Activity

In other CuriosityStream news, Director Jonathan Huberman sold 14,116 shares of the firm’s stock in a transaction dated Thursday, November 20th. The shares were sold at an average price of $5.00, for a total transaction of $70,580.00. Following the completion of the sale, the director directly owned 1,210,169 shares in the company, valued at approximately $6,050,845. This trade represents a 1.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Clinton Larry Stinchcomb sold 141,206 shares of the company’s stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $4.65, for a total transaction of $656,607.90. Following the completion of the transaction, the chief executive officer owned 2,517,998 shares in the company, valued at approximately $11,708,690.70. This represents a 5.31% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 360,255 shares of company stock worth $1,701,804 over the last three months. 52.00% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

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

CuriosityStream Stock Performance

CURI stock opened at $3.80 on Friday. The firm has a 50 day moving average price of $4.31 and a 200-day moving average price of $4.58. CuriosityStream Inc. has a 52-week low of $1.48 and a 52-week high of $7.15. The firm has a market capitalization of $221.54 million, a price-to-earnings ratio of -42.22 and a beta of 1.78.

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

CuriosityStream Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Friday, December 5th were issued a dividend of $0.08 per share. The ex-dividend date was Friday, December 5th. This represents a $0.32 annualized dividend and a dividend yield of 8.4%. CuriosityStream’s dividend payout ratio (DPR) is presently -355.56%.

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.