Clinton Larry Stinchcomb Purchases 20,000 Shares of CuriosityStream (NASDAQ:CURI) Stock

CuriosityStream Inc. (NASDAQ:CURI) CEO Clinton Larry Stinchcomb acquired 20,000 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was bought at an average price of $2.60 per share, with a total value of $52,000.00. Following the completion of the acquisition, the chief executive officer directly owned 3,021,260 shares in the company, valued at approximately $7,855,276. This represents a 0.67% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Clinton Larry Stinchcomb also recently made the following trade(s):

• On Thursday, August 27th, Clinton Larry Stinchcomb bought 30,000 shares of CuriosityStream stock. The shares were bought at an average cost of $2.55 per share, for a total transaction of $76,500.00.

CuriosityStream Price Performance

Shares of NASDAQ CURI opened at $2.92 on Thursday. CuriosityStream Inc. has a 1 year low of $2.30 and a 1 year high of $5.51. The stock has a market capitalization of $173.27 million, a P/E ratio of 292.00 and a beta of 1.76. The company’s 50-day moving average is $2.72 and its 200 day moving average is $2.93.

CuriosityStream (NASDAQ:CURI) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.04 by $0.11. CuriosityStream had a net margin of 0.03% and a return on equity of 0.06%. The business had revenue of $23.25 million during the quarter, compared to analyst estimates of $21.32 million. Research analysts anticipate that CuriosityStream Inc. will post 0.2 earnings per share for the current year.

CuriosityStream Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Stockholders of record on Friday, September 4th will be paid a $0.085 dividend. This represents a $0.34 dividend on an annualized basis and a dividend yield of 11.6%. The ex-dividend date is Friday, September 4th. CuriosityStream’s dividend payout ratio (DPR) is presently 3,400.00%.

Institutional Investors Weigh In On CuriosityStream

Large investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio bought a new position in shares of CuriosityStream during the 2nd quarter valued at $25,000. Mangrove Partners IM LLC bought a new stake in shares of CuriosityStream in the fourth quarter worth $42,000. Quarry LP purchased a new stake in CuriosityStream during the third quarter valued at $45,000. Schonfeld Strategic Advisors LLC increased 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 acquiring an additional 3,115 shares during the last quarter. Finally, Diversify Wealth Management LLC bought a new position in CuriosityStream in the first quarter valued at about $53,000. Institutional investors own 6.79% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Wall Street Zen raised CuriosityStream from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Weiss Ratings raised CuriosityStream from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 14th. Singular Research upgraded shares of CuriosityStream to a “strong-buy” rating in a report on Monday, June 1st. Zacks Research raised shares of CuriosityStream from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 13th. Finally, Barrington Research decreased their price target on shares of CuriosityStream from $5.50 to $5.00 and set an “outperform” rating for the company in a research note on Friday, May 15th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $5.50.

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.