Barrington Research Lowers CuriosityStream (NASDAQ:CURI) Price Target to $5.50

CuriosityStream (NASDAQ:CURI) had its price objective dropped by investment analysts at Barrington Research from $6.00 to $5.50 in a research note issued on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Barrington Research’s target price would suggest a potential upside of 66.16% from the company’s current price.

A number of other analysts have also issued reports on the company. Zacks Research upgraded CuriosityStream from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 10th. Weiss Ratings restated a “sell (d+)” rating on shares of CuriosityStream in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $6.17.

CuriosityStream Price Performance

Shares of CURI opened at $3.31 on Thursday. CuriosityStream has a 1-year low of $2.30 and a 1-year high of $7.15. The company has a 50-day moving average of $3.43 and a 200 day moving average of $4.15. The firm has a market capitalization of $192.97 million, a price-to-earnings ratio of -33.10 and a beta of 1.85.

CuriosityStream (NASDAQ:CURI) last issued its earnings results on Wednesday, March 11th. The company reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02). The company had revenue of $19.20 million during the quarter, compared to the consensus estimate of $18.91 million. CuriosityStream had a negative return on equity of 12.43% and a negative net margin of 8.97%. On average, equities analysts anticipate that CuriosityStream will post -0.2 earnings per share for the current fiscal year.

Insider Buying and Selling at CuriosityStream

In related news, CFO Phillip Brady Hayden sold 17,474 shares of CuriosityStream stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $3.76, for a total transaction of $65,702.24. Following the transaction, the chief financial officer directly owned 101,667 shares of the company’s stock, valued at $382,267.92. This trade represents a 14.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 52.00% of the company’s stock.

Institutional Trading of CuriosityStream

A number of hedge funds have recently bought and sold shares of CURI. State of Alaska Department of Revenue bought a new stake in CuriosityStream during the 4th quarter valued at $35,000. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of CuriosityStream during the 2nd quarter worth $41,000. Mangrove Partners IM LLC purchased a new stake in shares of CuriosityStream during the 4th quarter worth $42,000. Quarry LP bought a new stake in CuriosityStream during the third quarter valued at about $45,000. Finally, Schonfeld Strategic Advisors LLC boosted its position in CuriosityStream by 30.8% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 13,235 shares of the company’s stock valued at $50,000 after purchasing an additional 3,115 shares in the last quarter. Hedge funds and other institutional investors own 6.79% of the company’s stock.

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.