CuriosityStream (NASDAQ:CURI) Raised to Hold at Zacks Research

by · The Cerbat Gem

CuriosityStream (NASDAQ:CURI – Get Free Report) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Thursday,Zacks.com reports.

Several other brokerages also recently weighed in on CURI. Singular Research upgraded CuriosityStream to a “strong-buy” rating in a research note on Wednesday, August 20th. Wall Street Zen upgraded CuriosityStream from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Weiss Ratings restated a “sell (d+)” rating on shares of CuriosityStream in a report on Monday. Barrington Research reissued an “outperform” rating and set a $6.00 target price on shares of CuriosityStream in a research report on Thursday, November 13th. Finally, Needham & Company LLC upped their price target on shares of CuriosityStream from $5.50 to $6.00 and gave the company a “buy” rating in a research note on Thursday, September 25th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, CuriosityStream currently has an average rating of “Moderate Buy” and an average target price of $6.33.

Read Our Latest Report on CuriosityStream

CuriosityStream Stock Down 4.0%

Shares of CuriosityStream stock traded down $0.19 on Thursday, reaching $4.62. The stock had a trading volume of 890,705 shares, compared to its average volume of 764,729. The stock has a market capitalization of $269.34 million, a P/E ratio of -51.33 and a beta of 1.84. The company has a 50 day moving average price of $4.54 and a 200 day moving average price of $4.78. CuriosityStream has a 1 year low of $1.47 and a 1 year high of $7.15.

CuriosityStream (NASDAQ:CURI – Get Free Report) last announced its 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). The firm had revenue of $18.36 million during the quarter, compared to analyst estimates of $16.35 million. CuriosityStream had a negative net margin of 8.19% and a negative return on equity of 10.24%. On average, analysts forecast that CuriosityStream will post -0.2 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Jonathan Huberman sold 14,116 shares of CuriosityStream stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $5.00, for a total value of $70,580.00. Following the sale, the director directly owned 1,210,169 shares in the company, valued at approximately $6,050,845. The trade was a 1.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Theresa Ellen Cudahy sold 10,200 shares of the business’s stock in a transaction that occurred 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 sale, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 358,255 shares of company stock valued at $1,692,624 in the last quarter. 52.00% of the stock is currently owned by company insiders.

Institutional Trading of CuriosityStream

A number of institutional investors have recently made changes to their positions in the company. Algert Global LLC purchased a new stake in shares of CuriosityStream during the first quarter worth approximately $39,000. Penn Mutual Asset Management acquired a new stake in CuriosityStream during the 1st quarter worth $657,000. CW Advisors LLC purchased a new stake in shares of CuriosityStream during the first quarter worth $377,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of CuriosityStream in the first quarter valued at about $222,000. Finally, Cubist Systematic Strategies LLC raised its position in shares of CuriosityStream by 101.7% in the first quarter. Cubist Systematic Strategies LLC now owns 54,712 shares of the company’s stock valued at $147,000 after buying an additional 27,582 shares during the last quarter. 6.79% of the stock is owned by institutional investors and hedge funds.

About CuriosityStream

(Get Free Report)

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.

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