CuriosityStream Inc. (NASDAQ:CURI) Shares Sold by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. cut its stake in CuriosityStream Inc. (NASDAQ:CURI) by 9.8% in the fourth quarter, Holdings Channel reports. The fund owned 112,771 shares of the company’s stock after selling 12,300 shares during the period. Hillsdale Investment Management Inc.’s holdings in CuriosityStream were worth $173,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the stock. Geode Capital Management LLC grew its holdings in shares of CuriosityStream by 21.2% in the third quarter. Geode Capital Management LLC now owns 322,946 shares of the company’s stock valued at $617,000 after purchasing an additional 56,402 shares during the period. Penbrook Management LLC purchased a new stake in shares of CuriosityStream in the 4th quarter valued at approximately $247,000. Delta Financial Group Inc. increased its holdings in shares of CuriosityStream by 17.7% during the 4th quarter. Delta Financial Group Inc. now owns 67,587 shares of the company’s stock worth $103,000 after buying an additional 10,182 shares during the last quarter. Finally, Virtu Financial LLC raised its position in shares of CuriosityStream by 115.5% during the 3rd quarter. Virtu Financial LLC now owns 27,812 shares of the company’s stock valued at $53,000 after buying an additional 14,905 shares during the period. Hedge funds and other institutional investors own 6.79% of the company’s stock.

Analysts Set New Price Targets

Separately, Needham & Company LLC reiterated a “buy” rating and issued a $3.00 price objective on shares of CuriosityStream in a research report on Wednesday, March 12th.

CuriosityStream Trading Down 3.3 %

Shares of CURI opened at $2.90 on Tuesday. The company’s 50-day moving average price is $2.50 and its 200 day moving average price is $2.09. CuriosityStream Inc. has a 12-month low of $0.85 and a 12-month high of $3.22. The firm has a market cap of $160.89 million, a P/E ratio of -10.36 and a beta of 1.22.

CuriosityStream (NASDAQ:CURI) last released its quarterly earnings results on Tuesday, March 11th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03). The company had revenue of $51.13 million during the quarter, compared to analysts’ expectations of $14.51 million. CuriosityStream had a negative net margin of 28.56% and a negative return on equity of 22.18%. Equities research analysts forecast that CuriosityStream Inc. will post -0.2 earnings per share for the current year.

CuriosityStream Profile

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.