Insider Buying: CuriosityStream Inc. (NASDAQ:CURI) CEO Buys 39,600 Shares of Stock

CuriosityStream Inc. (NASDAQ:CURIGet Free Report) CEO Clinton Larry Stinchcomb acquired 39,600 shares of the stock in a transaction on Thursday, May 23rd. The shares were purchased at an average cost of $1.07 per share, with a total value of $42,372.00. Following the transaction, the chief executive officer now directly owns 246,564 shares of the company’s stock, valued at approximately $263,823.48. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

CuriosityStream Price Performance

Shares of CURI remained flat at $1.05 during trading hours on Thursday. The stock had a trading volume of 108,875 shares, compared to its average volume of 582,522. The company’s 50-day moving average is $1.04 and its two-hundred day moving average is $0.72. CuriosityStream Inc. has a 12-month low of $0.45 and a 12-month high of $1.55.

CuriosityStream (NASDAQ:CURIGet Free Report) last released its quarterly earnings data on Wednesday, March 20th. The company reported ($0.09) EPS for the quarter, topping the consensus estimate of ($0.17) by $0.08. CuriosityStream had a negative return on equity of 34.10% and a negative net margin of 81.73%. The company had revenue of $14.78 million during the quarter, compared to the consensus estimate of $16.20 million. As a group, sell-side analysts anticipate that CuriosityStream Inc. will post -0.19 EPS for the current year.

CuriosityStream Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Friday, July 12th will be issued a $0.025 dividend. The ex-dividend date of this dividend is Friday, July 12th. This represents a $0.10 annualized dividend and a yield of 9.52%. CuriosityStream’s payout ratio is -11.49%.

Analyst Ratings Changes

Separately, Needham & Company LLC reaffirmed a “buy” rating and issued a $1.35 price target on shares of CuriosityStream in a research report on Tuesday.

Check Out Our Latest Analysis on CURI

Institutional Investors Weigh In On CuriosityStream

An institutional investor recently raised its position in CuriosityStream stock. Virtu Financial LLC increased its holdings in CuriosityStream Inc. (NASDAQ:CURIFree Report) by 782.8% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 151,267 shares of the company’s stock after buying an additional 134,132 shares during the quarter. Virtu Financial LLC owned about 0.28% of CuriosityStream worth $162,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 6.79% of the company’s stock.

About CuriosityStream

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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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Insider Buying and Selling by Quarter for CuriosityStream (NASDAQ:CURI)

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