Michael Nikzad Sells 58,896 Shares of CuriosityStream Inc. (NASDAQ:CURI) Stock

CuriosityStream Inc. (NASDAQ:CURI) Director Michael Nikzad sold 58,896 shares of the firm’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $1.12, for a total transaction of $65,963.52. Following the completion of the transaction, the director now directly owns 372,369 shares in the company, valued at $417,053.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Michael Nikzad also recently made the following trade(s):

• On Friday, August 16th, Michael Nikzad sold 17,889 shares of CuriosityStream stock. The shares were sold at an average price of $1.16, for a total transaction of $20,751.24.
• On Tuesday, June 4th, Michael Nikzad sold 100 shares of CuriosityStream stock. The stock was sold at an average price of $1.06, for a total value of $106.00.
• On Thursday, May 30th, Michael Nikzad sold 1,586 shares of CuriosityStream stock. The shares were sold at an average price of $1.06, for a total value of $1,681.16.
• On Tuesday, May 28th, Michael Nikzad sold 53,268 shares of CuriosityStream stock. The stock was sold at an average price of $1.06, for a total value of $56,464.08.
• On Friday, May 24th, Michael Nikzad sold 24,732 shares of CuriosityStream stock. The stock was sold at an average price of $1.06, for a total transaction of $26,215.92.
• On Wednesday, May 22nd, Michael Nikzad sold 463 shares of CuriosityStream stock. The stock was sold at an average price of $1.06, for a total transaction of $490.78.

CuriosityStream Trading Up 3.1 %

Shares of CURI stock traded up $0.03 during trading on Tuesday, hitting $1.16. The company’s stock had a trading volume of 244,919 shares, compared to its average volume of 443,115. The company has a market cap of $62.17 million, a PE ratio of -1.32 and a beta of 1.15. The business has a fifty day moving average of $1.14 and a 200-day moving average of $0.96. CuriosityStream Inc. has a 52 week low of $0.45 and a 52 week high of $1.55.

CuriosityStream (NASDAQ:CURI) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.01. The business had revenue of $12.40 million for the quarter, compared to analysts’ expectations of $12.30 million. CuriosityStream had a negative return on equity of 26.77% and a negative net margin of 69.87%. During the same quarter in the previous year, the firm earned ($0.19) earnings per share. As a group, research analysts predict that CuriosityStream Inc. will post -0.19 EPS for the current year.

CuriosityStream Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Saturday, October 12th will be issued a dividend of $0.025 per share. The ex-dividend date of this dividend is Friday, October 11th. This represents a $0.10 dividend on an annualized basis and a yield of 8.62%. CuriosityStream’s dividend payout ratio (DPR) is presently -11.49%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CURI. Virtu Financial LLC increased its stake in shares of CuriosityStream by 782.8% during the 1st quarter. Virtu Financial LLC now owns 151,267 shares of the company’s stock worth $162,000 after purchasing an additional 134,132 shares during the last quarter. CWM LLC grew its holdings in CuriosityStream by 6,399.4% during the second quarter. CWM LLC now owns 72,468 shares of the company’s stock valued at $83,000 after purchasing an additional 71,353 shares during the period. Acadian Asset Management LLC purchased a new stake in CuriosityStream in the second quarter worth $27,000. Oldfield Partners LLP bought a new stake in shares of CuriosityStream in the second quarter valued at $417,000. Finally, Renaissance Technologies LLC lifted its position in shares of CuriosityStream by 28.9% during the 2nd quarter. Renaissance Technologies LLC now owns 402,126 shares of the company’s stock valued at $458,000 after buying an additional 90,126 shares during the last quarter. 6.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Needham & Company LLC restated a “buy” rating and set a $1.35 price target on shares of CuriosityStream in a report on Wednesday, August 14th.

CuriosityStream Company Profile

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.