Cineverse Corp. (NASDAQ:CNVS – Get Free Report) insider Gary Loffredo bought 30,000 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were bought at an average price of $2.00 per share, with a total value of $60,000.00. Following the completion of the purchase, the insider owned 200,337 shares in the company, valued at approximately $400,674. The trade was a 17.61% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Cineverse Stock Performance
Shares of CNVS stock traded up $0.21 on Tuesday, reaching $2.71. The stock had a trading volume of 1,641,818 shares, compared to its average volume of 286,749. Cineverse Corp. has a 1 year low of $1.77 and a 1 year high of $7.39. The stock has a market cap of $51.90 million, a P/E ratio of -19.36 and a beta of 1.66. The company has a 50 day simple moving average of $2.13 and a 200 day simple moving average of $3.05.
Cineverse (NASDAQ:CNVS – Get Free Report) last posted its quarterly earnings data on Tuesday, February 17th. The company reported ($0.05) EPS for the quarter. The firm had revenue of $16.29 million for the quarter. Cineverse had a negative net margin of 1.49% and a negative return on equity of 3.55%.
Key Headlines Impacting Cineverse
- 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
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Cineverse by 9.7% in the 3rd quarter. Vanguard Group Inc. now owns 623,297 shares of the company’s stock worth $2,094,000 after buying an additional 55,219 shares during the period. Corient Private Wealth LLC bought a new stake in Cineverse during the second quarter valued at about $2,277,000. Geode Capital Management LLC lifted its position in shares of Cineverse by 4.3% in 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 in the last quarter. Two Sigma Investments LP lifted its position in shares of Cineverse by 449.8% in the third quarter. Two Sigma Investments LP now owns 160,631 shares of the company’s stock valued at $540,000 after acquiring an additional 131,416 shares in the last quarter. Finally, T3 Companies LLC bought a new position in shares of Cineverse in the fourth quarter worth about $273,000. Hedge funds and other institutional investors own 8.19% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the stock. UBS Group set a $9.00 target price on shares of Cineverse in a research report on Friday, October 24th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Cineverse in a research note on Monday, December 29th. Wall Street Zen lowered Cineverse from a “hold” rating to a “sell” rating in a research note on Saturday, October 25th. Finally, Benchmark reaffirmed a “speculative buy” rating on shares of Cineverse in a report on Monday, November 17th. One equities research analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Cineverse has an average rating of “Hold” and an average target price of $9.00.
Read Our Latest Report on CNVS
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.
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