CineverseCNVS
Market Cap: $12.2M
About: Cineverse Corp is a main streaming technology and entertainment company. It operates portfolios of owned and operated streaming channels, all powered by its, proprietary technology platform. Cineverse features enthusiast brands for subscription video on demand (SVOD), advertising-based video on demand (AVOD), and free, ad-supported streaming television (FAST) channels. The company earns fees for the distribution of content in the home entertainment markets via several distribution channels, including digital, video-on-demand, and physical goods (e.g., DVDs and Blu-ray Discs) (Base Distribution).
Employees: 179
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
0.77% more ownership
Funds ownership: 10.73% [Q1] → 11.49% (+0.77%) [Q2]
8% less funds holding
Funds holding: 24 [Q1] → 22 (-2) [Q2]
31% less capital invested
Capital invested by funds: $1.99M [Q1] → $1.36M (-$624K) [Q2]
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Benchmark Daniel Kurnos 52% 1-year accuracy 32 / 62 met price target | 1,059%upside $9 | Speculative Buy Reiterated | 2 Jul 2024 |
Financial journalist opinion
Based on 8 articles about CNVS published over the past 30 days