Geode Capital Management LLC Has $617,000 Holdings in CuriosityStream Inc. (NASDAQ:CURI)

Geode Capital Management LLC lifted its stake in shares of CuriosityStream Inc. (NASDAQ:CURI) by 21.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 322,946 shares of the company’s stock after buying an additional 56,402 shares during the quarter. Geode Capital Management LLC owned about 0.59% of CuriosityStream worth $617,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of CURI. Oldfield Partners LLP acquired a new stake in shares of CuriosityStream during the 2nd quarter worth approximately $417,000. CWM LLC lifted its holdings in shares of CuriosityStream by 310.7% in the 3rd 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. Renaissance Technologies LLC lifted its holdings in shares of CuriosityStream by 28.9% in the 2nd quarter. Renaissance Technologies LLC now owns 402,126 shares of the company’s stock worth $458,000 after purchasing an additional 90,126 shares in the last quarter. Acadian Asset Management LLC bought a new position in shares of CuriosityStream in the 2nd quarter worth $27,000. Finally, Delta Financial Group Inc. lifted its holdings in shares of CuriosityStream by 26.4% in the 3rd quarter. Delta Financial Group Inc. now owns 57,405 shares of the company’s stock worth $110,000 after purchasing an additional 12,000 shares in the last quarter. Institutional investors and hedge funds own 6.79% of the company’s stock.

CuriosityStream Trading Down 7.1 %

Shares of NASDAQ:CURI opened at $1.69 on Friday. The stock’s fifty day simple moving average is $1.71 and its two-hundred day simple moving average is $1.63. CuriosityStream Inc. has a 1-year low of $0.45 and a 1-year high of $3.00. The stock has a market cap of $93.76 million, a PE ratio of -6.04 and a beta of 1.09.

CuriosityStream (NASDAQ:CURI) last announced its earnings results on Wednesday, November 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $12.60 million for the quarter, compared to analysts’ expectations of $13.80 million. During the same period in the prior year, the business earned ($0.14) earnings per share. On average, sell-side analysts forecast that CuriosityStream Inc. will post -0.2 earnings per share for the current fiscal year.

CuriosityStream Dividend Announcement

The company also recently disclosed 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 5.92%. The ex-dividend date is Friday, March 14th. CuriosityStream’s dividend payout ratio (DPR) is currently -35.71%.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other news, CEO Clinton Larry Stinchcomb acquired 17,877 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The stock was bought at an average price of $1.68 per share, with a total value of $30,033.36. Following the acquisition, the chief executive officer now owns 2,155,306 shares in the company, valued at $3,620,914.08. The trade was a 0.84 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last 90 days, insiders bought 21,220 shares of company stock valued at $35,589. 49.60% of the stock is owned by insiders.

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.