Recent Insider Activity Could Benefit CuriosityStream Inc. (CURI)

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CuriosityStream Inc.’s recent filing unveils that its Director HENDRICKS JOHN S unloaded Company’s shares for reported $1400.0 on Aug 08. In the deal valued at $1.00 per share,1,400 shares were sold. As a result of this transaction, HENDRICKS JOHN S now holds 416,473 shares worth roughly $ 0.35 million.

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Then, HENDRICKS JOHN S sold 2,100 shares, generating $2,121 in total proceeds. Upon selling the shares at $1.01, the Director now owns 417,873 shares.

Before that, HENDRICKS JOHN S sold 9,200 shares. CuriosityStream Inc. shares valued at $9,200 were divested by the Director at a price of $1.00 per share. As a result of the transaction, HENDRICKS JOHN S now holds 419,973 shares, worth roughly $0.35 million.

Barrington Research downgraded its CuriosityStream Inc. [CURI] rating to a Mkt perform from a an Outperform in a research note published on Friday.

Price Performance Review of CURI

On Friday, CuriosityStream Inc. [NASDAQ:CURI] saw its stock jump 1.40% to $0.84. On the same session, the stock had its day’s lowest price of $0.82, but rose to a high of $0.86. Over the last five days, the stock has gained 3.75%. CuriosityStream Inc. shares have fallen nearly -26.24% since the year began. Nevertheless, the stocks have fallen -50.54% over the past one year. While a 52-week high of $2.00 was reached on 01/25/23, a 52-week low of $0.75 was recorded on 06/12/23. SMA at 50 days reached $0.9498, while 200 days put it at $1.2126. A total of 0.14 million shares were traded, compared to the trading of 29800.0 shares in the previous session.

Levels Of Support And Resistance For CURI Stock

The 24-hour chart illustrates a support level at 0.8206, which if violated will result in even more drops to 0.8003. On the upside, there is a resistance level at 0.8606. A further resistance level may holdings at 0.8803. The Relative Strength Index (RSI) on the 14-day chart is 42.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0081, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.64%. Stochastics %K at 18.84% indicates the stock is a buying.

How much short interest is there in CuriosityStream Inc.?

A steep rise in short interest was recorded in CuriosityStream Inc. stocks on Aug 14, 2023, dropping by 70000.0 shares to a total of 1.04 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 1.11 million shares. There was a decline of -6.73%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 3.61% of the overall stock float, the days-to-cover ratio (short ratio) fell to 12.05.

CuriosityStream Inc. [CURI] – Who Are The Largest Shareholders?

In filings from The Vanguard Group, Inc., it is revealed that the company now owns 1,417,738 shares, or roughly 2.68% of the outstanding CURI shares. Additionally, Parallax Volatility Advisers LP decreased -8.95% of its stake after which the total value it holdings stand at $815,317, while BlackRock Fund Advisors reduced -0.55% of its stake to hold $0.44 million in the firm. Over the last quarter, Geode Capital Management LLC purchased 94,854 shares of CuriosityStream Inc., while Renaissance Technologies LLC bought 26,500 shares. At present, Allianz Spravcovska Spolocnost AS is holding 98,798 shares valued at $0.11 million. Millennium Management LLC owned 95,527 shares of the company at the time of its most recent 13F filing, worth $0.11 million.

According to FactSet, CuriosityStream Inc.’s share price will average $1.67 in the next year, based on opinions of analysts polled by the firm. This is up nearly 80.72 percent from its previous closing price of $0.83. Analysts expect CuriosityStream Inc. stock to reach the higher price of $2.50, while the lowest price estimate is $1.00. However, 4 analysts have rated CURI stock as an Overweight in their predictions for 2023.

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