CuriosityStream Inc. (NASDAQ:CURI – Get Free Report) CEO Clinton Larry Stinchcomb sold 100,000 shares of the stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $4.62, for a total transaction of $462,000.00. Following the completion of the sale, the chief executive officer directly owned 2,417,998 shares in the company, valued at approximately $11,171,150.76. This trade represents a 3.97% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Clinton Larry Stinchcomb also recently made the following trade(s):
- On Monday, November 24th, Clinton Larry Stinchcomb sold 141,206 shares of CuriosityStream stock. The shares were sold at an average price of $4.65, for a total value of $656,607.90.
- On Friday, November 21st, Clinton Larry Stinchcomb sold 12,872 shares of CuriosityStream stock. The shares were sold at an average price of $4.60, for a total transaction of $59,211.20.
- On Thursday, November 20th, Clinton Larry Stinchcomb sold 63,674 shares of CuriosityStream stock. The stock was sold at an average price of $4.92, for a total transaction of $313,276.08.
CuriosityStream Stock Up 0.2%
NASDAQ CURI traded up $0.01 on Tuesday, reaching $4.71. 726,677 shares of the stock traded hands, compared to its average volume of 619,812. CuriosityStream Inc. has a 12 month low of $1.47 and a 12 month high of $7.15. The company has a market cap of $274.59 million, a price-to-earnings ratio of -52.33 and a beta of 1.80. The firm’s fifty day simple moving average is $4.66 and its 200 day simple moving average is $4.87.
CuriosityStream Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 5th will be given a $0.08 dividend. The ex-dividend date is Friday, December 5th. This represents a $0.32 dividend on an annualized basis and a yield of 6.8%. CuriosityStream’s dividend payout ratio is presently -355.56%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in CURI. CW Advisors LLC bought a new stake in shares of CuriosityStream in the 1st quarter worth approximately $377,000. OMERS ADMINISTRATION Corp acquired a new position in shares of CuriosityStream in the first quarter valued at $222,000. Informed Momentum Co LLC acquired a new position in shares of CuriosityStream in the first quarter valued at $788,000. Penn Mutual Asset Management bought a new position in CuriosityStream in the first quarter worth $657,000. Finally, Burney Co. acquired a new stake in CuriosityStream during the second quarter worth $617,000. Institutional investors own 6.79% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on CURI. Barrington Research reiterated an “outperform” rating and set a $6.00 price target on shares of CuriosityStream in a report on Thursday, November 13th. Needham & Company LLC raised their price objective on shares of CuriosityStream from $5.50 to $6.00 and gave the company a “buy” rating in a research report on Thursday, September 25th. Singular Research upgraded shares of CuriosityStream to a “strong-buy” rating in a research note on Wednesday, August 20th. Weiss Ratings restated a “sell (d+)” rating on shares of CuriosityStream in a research note on Thursday. Finally, Zacks Research lowered shares of CuriosityStream from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 12th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, CuriosityStream presently has a consensus rating of “Moderate Buy” and a consensus target price of $6.33.
Read Our Latest Research Report on CuriosityStream
About CuriosityStream
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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