CuriosityStream (NASDAQ:CURI) Upgraded at Zacks Research

CuriosityStream (NASDAQ:CURI) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

Other research analysts also recently issued reports about the stock. Wall Street Zen raised shares of CuriosityStream from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Weiss Ratings restated a “sell (d+)” rating on shares of CuriosityStream in a research note on Monday, December 29th. Finally, Barrington Research reiterated an “outperform” rating and set a $6.00 target price on shares of CuriosityStream in a research report on Thursday, November 13th. One investment 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 given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $6.33.

CuriosityStream Stock Performance

CURI opened at $3.18 on Tuesday. CuriosityStream has a one year low of $2.06 and a one year high of $7.15. The company has a market cap of $185.39 million, a P/E ratio of -35.33 and a beta of 1.84. The business’s 50-day simple moving average is $3.84 and its 200-day simple moving average is $4.32.

CuriosityStream (NASDAQ:CURI) last announced its quarterly earnings results on Wednesday, November 12th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.04). The business 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%. As a group, analysts predict that CuriosityStream will post -0.2 earnings per share for the current fiscal year.

Insider Buying and Selling at CuriosityStream

In other CuriosityStream news, Director Jonathan Huberman sold 14,116 shares of the company’s stock in a transaction that occurred on Thursday, November 20th. The stock was 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 of the company’s stock, valued at $6,050,845. This represents a 1.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Theresa Ellen Cudahy sold 10,200 shares of the 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 directly owned 514,648 shares of the company’s stock, valued at $2,562,947.04. The trade was a 1.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 362,885 shares of company stock valued at $1,693,397 over the last ninety days. 52.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On CuriosityStream

Large investors have recently modified their holdings of the stock. State of Alaska Department of Revenue acquired a new stake in shares of CuriosityStream during the fourth quarter worth $35,000. Police & Firemen s Retirement System of New Jersey purchased a new position in CuriosityStream during the 2nd quarter worth $41,000. Quarry LP acquired a new stake in shares of CuriosityStream in the 3rd quarter worth $45,000. Schonfeld Strategic Advisors LLC purchased a new stake in shares of CuriosityStream in the third quarter valued at about $54,000. Finally, Diversified Trust Co acquired a new position in shares of CuriosityStream during the third quarter worth about $56,000. Hedge funds and other institutional investors own 6.79% of the company’s stock.

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.