CuriosityStream Inc. (NASDAQ:CURI) Given Average Rating of “Moderate Buy” by Brokerages

CuriosityStream Inc. (NASDAQ:CURI) has earned a consensus rating of “Moderate Buy” from the six brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $6.3333.

CURI has been the topic of a number of research reports. Zacks Research raised shares of CuriosityStream from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 10th. Weiss Ratings reiterated a “sell (d+)” rating on shares of CuriosityStream in a report on Monday, December 29th. Finally, Barrington Research reissued an “outperform” rating and issued a $6.00 price objective on shares of CuriosityStream in a research report on Thursday, November 13th.

Insider Activity

In other news, CFO Phillip Brady Hayden sold 17,474 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $3.76, for a total transaction of $65,702.24. Following the transaction, the chief financial officer directly owned 101,667 shares of the company’s stock, valued at approximately $382,267.92. The trade was a 14.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 52.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CURI. State of Alaska Department of Revenue bought a new position in CuriosityStream during the 4th quarter worth approximately $35,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in shares of CuriosityStream during the 2nd quarter valued at approximately $41,000. Mangrove Partners IM LLC acquired a new stake in shares of CuriosityStream during the 4th quarter valued at approximately $42,000. Quarry LP bought a new position in CuriosityStream during the third quarter worth $45,000. Finally, Schonfeld Strategic Advisors LLC boosted its holdings in CuriosityStream by 30.8% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 13,235 shares of the company’s stock worth $50,000 after purchasing an additional 3,115 shares during the period. 6.79% of the stock is owned by institutional investors and hedge funds.

CuriosityStream Stock Performance

NASDAQ CURI opened at $3.32 on Monday. The firm has a market capitalization of $193.55 million, a price-to-earnings ratio of -36.88 and a beta of 1.85. CuriosityStream has a one year low of $2.06 and a one year high of $7.15. The company’s 50 day moving average price is $3.49 and its 200 day moving average price is $4.18.

CuriosityStream Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 20th. Investors of record on Friday, March 6th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 9.6%. The ex-dividend date is Friday, March 6th. CuriosityStream’s dividend payout ratio (DPR) is presently -355.56%.

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.