Michael Nikzad Sells 17,889 Shares of CuriosityStream Inc. (NASDAQ:CURI) Stock

CuriosityStream Inc. (NASDAQ:CURI) Director Michael Nikzad sold 17,889 shares of the firm’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $1.16, for a total transaction of $20,751.24. Following the completion of the transaction, the director now directly owns 431,265 shares of the company’s stock, valued at approximately $500,267.40. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• 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 transaction of $106.00.
• On Thursday, May 30th, Michael Nikzad sold 1,586 shares of CuriosityStream stock. The stock was sold at an average price of $1.06, for a total transaction 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 transaction of $56,464.08.
• On Friday, May 24th, Michael Nikzad sold 24,732 shares of CuriosityStream stock. The shares were 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 Stock Up 0.0 %

NASDAQ CURI traded up $0.00 during midday trading on Monday, hitting $1.12. The company had a trading volume of 150,826 shares, compared to its average volume of 444,200. The stock has a market cap of $60.04 million, a price-to-earnings ratio of -1.29 and a beta of 1.15. The firm has a fifty day simple moving average of $1.13 and a two-hundred day simple moving average of $0.96. CuriosityStream Inc. has a fifty-two week low of $0.45 and a fifty-two week high of $1.55.

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

CuriosityStream Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Saturday, October 12th will be given a dividend of $0.025 per share. The ex-dividend date is Friday, October 11th. This represents a $0.10 annualized dividend and a dividend yield of 8.93%. CuriosityStream’s dividend payout ratio (DPR) is currently -11.49%.

Analysts Set New Price Targets

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

Institutional Trading of CuriosityStream

Institutional investors have recently made changes to their positions in the business. Acadian Asset Management LLC acquired a new stake in shares of CuriosityStream during the 2nd quarter valued at about $27,000. CWM LLC boosted its position in shares of CuriosityStream by 6,399.4% during the 2nd quarter. CWM LLC now owns 72,468 shares of the company’s stock valued at $83,000 after acquiring an additional 71,353 shares in the last quarter. Virtu Financial LLC boosted its position in shares of CuriosityStream by 782.8% during the 1st quarter. Virtu Financial LLC now owns 151,267 shares of the company’s stock valued at $162,000 after acquiring an additional 134,132 shares in the last quarter. Oldfield Partners LLP acquired a new position in CuriosityStream in the second quarter valued at about $417,000. Finally, Renaissance Technologies LLC boosted its position in CuriosityStream by 28.9% in the second 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 in the last quarter. 6.79% of the stock is currently owned by institutional investors and hedge funds.

About CuriosityStream

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.