Analysts Set CuriosityStream Inc. (NASDAQ:CURI) Price Target at $6.33

Shares of CuriosityStream Inc. (NASDAQ:CURI) have received a consensus rating of “Moderate Buy” from the six brokerages that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $6.3333.

CURI has been the topic of several research analyst reports. Wall Street Zen raised CuriosityStream from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Weiss Ratings reiterated a “sell (d+)” rating on shares of CuriosityStream in a report on Monday, December 29th. Barrington Research reissued an “outperform” rating and set a $6.00 price objective on shares of CuriosityStream in a research report on Thursday, November 13th. Finally, Zacks Research cut shares of CuriosityStream from a “hold” rating to a “strong sell” rating in a research report on Monday, January 12th.

CuriosityStream Trading Up 4.1%

CURI stock opened at $3.30 on Thursday. The stock has a market capitalization of $192.39 million, a price-to-earnings ratio of -36.66 and a beta of 1.84. The firm’s 50-day moving average price is $3.92 and its two-hundred day moving average price is $4.35. CuriosityStream has a 12-month low of $2.06 and a 12-month high of $7.15.

CuriosityStream (NASDAQ:CURI) last posted its earnings results on Wednesday, November 12th. The company reported ($0.06) earnings per share (EPS) 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 business had revenue of $18.36 million during the quarter, compared to the consensus estimate of $16.35 million. Equities analysts predict that CuriosityStream will post -0.2 EPS for the current year.

CuriosityStream Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Shareholders of record on Friday, March 6th will be issued a $0.08 dividend. The ex-dividend date is Friday, March 6th. This represents a $0.32 annualized dividend and a yield of 9.7%. CuriosityStream’s dividend payout ratio (DPR) is -355.56%.

Insider Transactions at CuriosityStream

In related news, CEO Clinton Larry Stinchcomb sold 100,000 shares of CuriosityStream stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $4.62, for a total transaction of $462,000.00. Following the sale, the chief executive officer directly owned 2,417,998 shares in the company, valued at $11,171,150.76. The trade was a 3.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Theresa Ellen Cudahy sold 10,200 shares of the stock in a transaction on Thursday, November 20th. The stock was sold at an average price of $4.98, for a total value of $50,796.00. Following the completion of the transaction, the chief operating officer owned 514,648 shares of the company’s stock, valued at approximately $2,562,947.04. This trade represents a 1.94% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 377,729 shares of company stock valued at $1,767,506. Insiders own 52.00% of the company’s stock.

Institutional Trading of CuriosityStream

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Police & Firemen s Retirement System of New Jersey purchased a new position in CuriosityStream during the 2nd quarter valued at about $41,000. Quarry LP purchased a new stake in CuriosityStream in the third quarter worth about $45,000. State of Alaska Department of Revenue bought a new position in shares of CuriosityStream during the fourth quarter valued at approximately $35,000. Schonfeld Strategic Advisors LLC purchased a new position in shares of CuriosityStream during the third quarter valued at approximately $54,000. Finally, Diversified Trust Co purchased a new position in shares of CuriosityStream during the third quarter valued at approximately $56,000. 6.79% of the stock is owned by hedge funds and other institutional investors.

About CuriosityStream

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.