CuriosityStream (NASDAQ:CURI) Stock Rating Lowered by Zacks Research

CuriosityStream (NASDAQ:CURI) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday, Zacks reports.

CURI has been the subject of a number of other reports. Weiss Ratings downgraded CuriosityStream from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. Wall Street Zen upgraded shares of CuriosityStream from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $5.00.

CuriosityStream Stock Up 7.3%

NASDAQ:CURI opened at $2.79 on Monday. CuriosityStream has a 52 week low of $2.30 and a 52 week high of $5.10. The company has a market capitalization of $165.56 million, a P/E ratio of 279.00 and a beta of 1.71. The stock’s fifty day moving average is $2.85 and its two-hundred day moving average is $2.84.

CuriosityStream (NASDAQ:CURI) last announced its quarterly earnings results on Wednesday, August 12th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.04 by $0.11. The business had revenue of $23.25 million for the quarter, compared to analyst estimates of $21.32 million. CuriosityStream had a return on equity of 0.06% and a net margin of 0.03%. Sell-side analysts anticipate that CuriosityStream will post 0.20 earnings per share for the current fiscal year.

Insider Buying and Selling at CuriosityStream

In related news, CEO Clinton Stinchcomb acquired 30,000 shares of the stock in a transaction that occurred on Thursday, August 27th. The stock was purchased at an average price of $2.55 per share, with a total value of $76,500.00. Following the transaction, the chief executive officer owned 3,001,260 shares of the company’s stock, valued at approximately $7,653,213. This trade represents a 1.01% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 31.10% of the company’s stock.

Institutional Trading of CuriosityStream

Several institutional investors have recently added to or reduced their stakes in CURI. Public Employees Retirement System of Ohio purchased a new stake in CuriosityStream in the second quarter valued at approximately $25,000. Diversify Wealth Management LLC acquired a new position in CuriosityStream during the first quarter worth $53,000. R Squared Ltd lifted its stake in CuriosityStream by 119.7% during the first quarter. R Squared Ltd now owns 44,485 shares of the company’s stock worth $132,000 after purchasing an additional 24,240 shares in the last quarter. Sei Investments Co. lifted its stake in CuriosityStream by 139.1% during the first quarter. Sei Investments Co. now owns 232,371 shares of the company’s stock worth $688,000 after purchasing an additional 135,173 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of CuriosityStream by 117.0% during the first quarter. Dimensional Fund Advisors LP now owns 233,340 shares of the company’s stock worth $690,000 after buying an additional 125,794 shares during the period. Institutional investors and hedge funds own 6.79% of the company’s stock.

CuriosityStream Company Profile

CuriosityStream Inc (NASDAQ:CURI) is a factual-media and streaming company focused on science, technology, history, nature and related educational content. Its flagship service, Curiosity Stream, offers on-demand documentaries, series and other nonfiction programming through its website, mobile applications, connected-TV platforms and distribution partners.

The company also develops and distributes educational and factual programming through digital products and branded content offerings.