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John Hendricks, a director and significant shareholder of CuriosityStream Inc. (NASDAQ:CURI), has recently sold shares of the company’s common stock. The sale comes as the stock has shown remarkable strength, posting a 532% return over the past year and trading near its 52-week high of $7.15. According to a Form 4 filing with the Securities and Exchange Commission, Hendricks sold a total of 96,720 shares over two transactions.
The first transaction occurred on June 5, 2025, where Hendricks sold 71,720 shares at a price of $6.0668 each. The second transaction took place on June 9, 2025, involving the sale of 25,000 shares at a weighted average price of $5.7388, with individual transaction prices ranging from $5.655 to $5.84. The total value of these sales amounts to $578,580. Based on InvestingPro analysis, CuriosityStream currently appears overvalued, with multiple valuation metrics including EV/EBITDA showing premium levels.
The sales were executed through Hendricks Factual Media LLC, and the shares sold represent less than 1% of Hendricks’ total holdings in CuriosityStream. The transactions were part of estate planning purposes, as noted in the filing. Following these sales, Hendricks continues to hold a substantial number of shares, totaling 20,766,055. While the company maintains strong liquidity with a current ratio of 1.87 and more cash than debt on its balance sheet, InvestingPro analysis reveals 12 additional key insights about the company’s financial health and market position.
In other recent news, CuriosityStream Inc. has reported its first positive net income in the first quarter of 2025, achieving earnings per share of $0.01, which surpassed analyst expectations of a $0.02 loss. The company also reported revenue of $15.1 million, exceeding forecasts of $14.95 million and marking a 26% increase year-over-year. CuriosityStream declared a special, one-time cash dividend of $0.10 per share, to be paid to shareholders in June 2025, alongside its regular quarterly dividends. CEO Clint Stinchcomb highlighted the company’s commitment to shareholder value, citing sustainable improvements in cash flow and positive net income and EBITDA. The company ended the quarter with $39.1 million in cash and securities and no debt, providing significant operating flexibility. For the second quarter of 2025, CuriosityStream forecasts revenue between $16 million and $17 million and expects adjusted free cash flow to range from $2 million to $3 million. In addition, the company has increased its annual dividend rate from $0.10 to $0.32 per share. The company continues to focus on content licensing and operational efficiencies as key growth strategies.
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