Cwm LLC Has $569,000 Stock Holdings in CuriosityStream Inc. (NASDAQ:CURI)

Cwm LLC grew its holdings in CuriosityStream Inc. (NASDAQ:CURI) by 310.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 297,656 shares of the company’s stock after purchasing an additional 225,188 shares during the period. Cwm LLC owned about 0.56% of CuriosityStream worth $569,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Oldfield Partners LLP bought a new position in CuriosityStream during the second quarter worth $417,000. Virtu Financial LLC grew its holdings in shares of CuriosityStream by 782.8% during the first quarter. Virtu Financial LLC now owns 151,267 shares of the company’s stock worth $162,000 after purchasing an additional 134,132 shares during the last quarter. Renaissance Technologies LLC boosted its holdings 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 acquiring an additional 90,126 shares during the last quarter. Acadian Asset Management LLC bought a new stake in CuriosityStream in the second quarter valued at approximately $27,000. Finally, Delta Financial Group Inc. boosted its holdings in CuriosityStream by 26.4% in the third quarter. Delta Financial Group Inc. now owns 57,405 shares of the company’s stock valued at $110,000 after acquiring an additional 12,000 shares during the last quarter. 6.79% of the stock is currently owned by institutional investors and hedge funds.

CuriosityStream Price Performance

Shares of CuriosityStream stock opened at $2.59 on Friday. CuriosityStream Inc. has a 1 year low of $0.45 and a 1 year high of $3.00. The firm has a market cap of $138.82 million, a PE ratio of -2.98 and a beta of 1.19. The stock has a fifty day moving average price of $1.72 and a 200-day moving average price of $1.33.

CuriosityStream (NASDAQ:CURI) last posted its quarterly earnings results on Tuesday, August 13th. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.01. The company had revenue of $12.40 million during the quarter, compared to the consensus estimate of $12.30 million. CuriosityStream had a negative return on equity of 27.47% and a negative net margin of 69.87%. During the same quarter in the prior year, the company earned ($0.19) EPS. As a group, equities analysts anticipate that CuriosityStream Inc. will post -0.15 EPS for the current fiscal year.

CuriosityStream Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Saturday, October 12th will be given a $0.025 dividend. The ex-dividend date is Friday, October 11th. This represents a $0.10 dividend on an annualized basis and a yield of 3.86%. CuriosityStream’s payout ratio is -11.49%.

Insider Buying and Selling

In related news, Director Jonathan Huberman sold 120,861 shares of the business’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $1.47, for a total value of $177,665.67. Following the completion of the sale, the director now owns 1,433,576 shares in the company, valued at $2,107,356.72. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In related news, Director Jonathan Huberman sold 120,861 shares of the business’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $1.47, for a total value of $177,665.67. Following the completion of the sale, the director now owns 1,433,576 shares in the company, valued at $2,107,356.72. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Michael Nikzad sold 32,226 shares of the business’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $1.20, for a total value of $38,671.20. Following the completion of the sale, the director now owns 217,774 shares of the company’s stock, valued at $261,328.80. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 283,673 shares of company stock worth $379,977 in the last quarter. 49.60% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

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

CuriosityStream Company 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.