Cineverse (NASDAQ:CNVS) Insider Erick Opeka Purchases 30,000 Shares of Stock

Cineverse Corp. (NASDAQ:CNVS) insider Erick Opeka purchased 30,000 shares of Cineverse stock in a transaction that occurred on Tuesday, February 17th. The shares were bought at an average cost of $2.00 per share, for a total transaction of $60,000.00. Following the transaction, the insider directly owned 224,146 shares of the company’s stock, valued at $448,292. This represents a 15.45% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Cineverse Stock Up 8.4%

CNVS stock opened at $2.71 on Wednesday. Cineverse Corp. has a 52 week low of $1.77 and a 52 week high of $7.39. The business has a 50-day simple moving average of $2.13 and a 200 day simple moving average of $3.05. The company has a market cap of $51.90 million, a PE ratio of -19.36 and a beta of 1.66.

Cineverse (NASDAQ:CNVS) last released its earnings results on Tuesday, February 17th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.02). Cineverse had a negative net margin of 1.49% and a negative return on equity of 3.55%. The firm had revenue of $16.29 million during the quarter, compared to the consensus estimate of $20.00 million.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Cineverse in a research note on Monday, December 29th. Wall Street Zen downgraded shares of Cineverse from a “hold” rating to a “sell” rating in a research note on Saturday, October 25th. UBS Group set a $9.00 price target on shares of Cineverse in a report on Friday, October 24th. Finally, Benchmark reaffirmed a “speculative buy” rating on shares of Cineverse in a research note on Monday, November 17th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $9.00.

Key Headlines Impacting Cineverse

Here are the key news stories impacting Cineverse this week:

• 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

Institutional investors and hedge funds have recently made changes to their positions in the company. Cubist Systematic Strategies LLC purchased a new position in shares of Cineverse in the first quarter valued at about $68,000. Goldman Sachs Group Inc. boosted its holdings in shares of Cineverse by 193.2% during the first quarter. Goldman Sachs Group Inc. now owns 52,783 shares of the company’s stock worth $167,000 after purchasing an additional 34,783 shares during the period. Acadian Asset Management LLC grew its stake in shares of Cineverse by 1,575.1% in the first quarter. Acadian Asset Management LLC now owns 122,598 shares of the company’s stock worth $386,000 after purchasing an additional 115,279 shares during the last quarter. Hillsdale Investment Management Inc. purchased a new position in Cineverse during the 2nd quarter valued at about $48,000. Finally, Marshall Wace LLP raised its position in Cineverse by 551.1% during the 2nd quarter. Marshall Wace LLP now owns 102,237 shares of the company’s stock valued at $489,000 after purchasing an additional 86,534 shares during the last quarter. Institutional investors own 8.19% of the company’s stock.

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.