Cineverse (NASDAQ:CNVS) Insider Purchases $60,000.00 in Stock

Cineverse Corp. (NASDAQ:CNVS) insider Gary Loffredo purchased 30,000 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was acquired at an average cost of $2.00 per share, for a total transaction of $60,000.00. Following the completion of the acquisition, the insider owned 200,337 shares in the company, valued at $400,674. This represents a 17.61% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Cineverse Stock Performance

CNVS traded up $0.21 during trading on Tuesday, reaching $2.71. 1,641,818 shares of the company traded hands, compared to its average volume of 286,749. The company has a market cap of $51.90 million, a P/E ratio of -19.36 and a beta of 1.66. Cineverse Corp. has a 12-month low of $1.77 and a 12-month high of $7.39. The firm has a fifty day simple moving average of $2.13 and a 200 day simple moving average of $3.05.

Cineverse (NASDAQ:CNVS) last released its earnings results on Tuesday, February 17th. The company reported ($0.05) EPS for the quarter. The company had revenue of $16.29 million during the quarter. Cineverse had a negative return on equity of 3.55% and a negative net margin of 1.49%.

Hedge Funds Weigh In On Cineverse

Large investors have recently modified their holdings of the stock. Prelude Capital Management LLC raised its holdings in Cineverse by 31.1% during the 3rd quarter. Prelude Capital Management LLC now owns 17,037 shares of the company’s stock valued at $57,000 after buying an additional 4,037 shares during the period. Founders Financial Securities LLC boosted its stake in Cineverse by 38.5% during the third quarter. Founders Financial Securities LLC now owns 18,000 shares of the company’s stock worth $60,000 after buying an additional 5,000 shares during the period. Geode Capital Management LLC increased its position in Cineverse by 4.3% during the fourth quarter. Geode Capital Management LLC now owns 168,711 shares of the company’s stock valued at $356,000 after acquiring an additional 6,952 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Cineverse by 11.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 78,936 shares of the company’s stock valued at $166,000 after acquiring an additional 8,155 shares during the period. Finally, Osaic Holdings Inc. lifted its holdings in shares of Cineverse by 61.3% in the 2nd quarter. Osaic Holdings Inc. now owns 22,902 shares of the company’s stock worth $109,000 after acquiring an additional 8,700 shares during the last quarter. Institutional investors own 8.19% of the company’s stock.

Cineverse News Summary

Here are the key news stories impacting Cineverse this week:

• Positive Sentiment: Company completed two post‑quarter acquisitions expected to add ~ $53M in annual revenue and ~ $10M in adjusted EBITDA for FY2027 and said the deals are immediately accretive; this materially boosts growth and profit outlook. Acquisitions & Results
• Positive Sentiment: Management insider buying: multiple insiders (including CFO Mark Wayne Lindsey) purchased shares at $2.00 each on Feb 17 (individual buys of 25k–37.5k shares), materially increasing their stakes — a strong signal of insider confidence. Insider Filings
• Positive Sentiment: Operational leverage: Cineverse reported a direct operating margin of 69% (vs. 48% year‑ago) and adjusted EBITDA of $2.4M for the quarter, showing margin expansion that supports the company’s higher FY2027 adjusted EBITDA guidance. Results & Margin
• Neutral Sentiment: Short‑interest data in recent feeds shows 0 shares short (and NaN changes), which appears to be a reporting anomaly — not a reliable signal for immediate pressure or squeeze risk.
• Negative Sentiment: Reported results missed some expectations: EPS was a ($0.05) loss and revenue was $16.29M; the company still shows a negative net margin (1.49%) and negative ROE (3.55%), highlighting ongoing profitability headwinds. Quarterly Release
• Neutral Sentiment: Market commentary and the earnings call transcript provide context for why the stock rose despite misses — investors focused on guidance, acquisition accretion and insider purchases. Earnings Transcript

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cineverse in a report on Monday, December 29th. Benchmark restated a “speculative buy” rating on shares of Cineverse in a report on Monday, November 17th. UBS Group set a $9.00 price objective on Cineverse in a report on Friday, October 24th. Finally, Wall Street Zen lowered shares of Cineverse from a “hold” rating to a “sell” rating in a report on Saturday, October 25th. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $9.00.

About Cineverse

Cineverse (NASDAQ: CNVS), formerly known as Cinedigm, is a digital entertainment company that acquires, produces and distributes film and television content across a range of platforms. Through its streaming division, the company offers a portfolio of direct-to-consumer channels and apps—spanning genres such as horror, faith and family, documentaries and classic cinema—on both AVOD (ad-supported) and FAST (free ad-supported television) services. Cineverse also licenses its curated libraries to third-party streaming platforms, pay-TV operators and retail video-on-demand providers.

In addition to its consumer-facing streaming business, Cineverse operates a digital cinema network that supplies hardware, software and content delivery solutions to cinema exhibitors throughout North America.