Jane Street Group LLC Has $36,000 Stock Position in CuriosityStream Inc. (NASDAQ:CURI)

Jane Street Group LLC reduced its position in shares of CuriosityStream Inc. (NASDAQ:CURI) by 59.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 18,642 shares of the company’s stock after selling 27,297 shares during the period. Jane Street Group LLC’s holdings in CuriosityStream were worth $36,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Acadian Asset Management LLC bought a new position in shares of CuriosityStream in the second quarter valued at approximately $27,000. Delta Financial Group Inc. increased its holdings in CuriosityStream by 26.4% during the 3rd quarter. Delta Financial Group Inc. now owns 57,405 shares of the company’s stock valued at $110,000 after purchasing an additional 12,000 shares in the last quarter. Renaissance Technologies LLC raised its position in CuriosityStream by 28.9% in the 2nd quarter. Renaissance Technologies LLC now owns 402,126 shares of the company’s stock valued at $458,000 after purchasing an additional 90,126 shares during the last quarter. Finally, CWM LLC boosted its stake in CuriosityStream by 310.7% in the third quarter. CWM LLC now owns 297,656 shares of the company’s stock worth $569,000 after purchasing an additional 225,188 shares in the last quarter. 6.79% of the stock is currently owned by institutional investors and hedge funds.

CuriosityStream Trading Up 11.6 %

Shares of NASDAQ CURI opened at $2.02 on Friday. CuriosityStream Inc. has a 1-year low of $0.45 and a 1-year high of $3.00. The company has a 50-day moving average of $1.66 and a two-hundred day moving average of $1.64. The company has a market cap of $112.07 million, a PE ratio of -7.21 and a beta of 1.09.

CuriosityStream (NASDAQ:CURI) last issued its quarterly earnings results on Wednesday, November 6th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.05). CuriosityStream had a negative net margin of 28.56% and a negative return on equity of 22.18%. The company had revenue of $12.60 million during the quarter, compared to analyst estimates of $13.80 million. During the same period in the prior year, the business earned ($0.14) EPS. As a group, equities research analysts forecast that CuriosityStream Inc. will post -0.2 earnings per share for the current year.

CuriosityStream Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 4.95%. The ex-dividend date of this dividend is Friday, March 14th. CuriosityStream’s dividend payout ratio is -35.71%.

Wall Street Analyst Weigh In

Separately, Needham & Company LLC raised their target price on CuriosityStream from $1.35 to $3.00 and gave the company a “buy” rating in a research note on Thursday, November 7th.

Insider Buying and Selling

In other CuriosityStream news, CEO Clinton Larry Stinchcomb acquired 17,877 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were acquired at an average cost of $1.68 per share, for a total transaction of $30,033.36. Following the completion of the acquisition, the chief executive officer now directly owns 2,155,306 shares of the company’s stock, valued at approximately $3,620,914.08. This represents a 0.84 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders bought a total of 21,220 shares of company stock worth $35,589 over the last three months. 49.60% of the stock is currently owned by company insiders.

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.