Gary Loffredo Buys 30,000 Shares of Cineverse (NASDAQ:CNVS) Stock

Cineverse Corp. (NASDAQ:CNVS) insider Gary Loffredo purchased 30,000 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was bought at an average price of $2.00 per share, with a total value of $60,000.00. Following the completion of the transaction, the insider owned 200,337 shares of the company’s stock, valued at $400,674. The trade was a 17.61% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Cineverse Stock Up 9.6%

CNVS stock opened at $2.97 on Thursday. Cineverse Corp. has a twelve month low of $1.77 and a twelve month high of $7.39. The stock has a market capitalization of $56.88 million, a price-to-earnings ratio of -5.60 and a beta of 1.66. The firm’s fifty day simple moving average is $2.14 and its two-hundred day simple moving average is $3.05.

Cineverse (NASDAQ:CNVS) last issued its quarterly earnings results on Tuesday, February 17th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.02). Cineverse had a negative net margin of 16.67% and a negative return on equity of 27.55%. The firm had revenue of $16.29 million for the quarter, compared to the consensus estimate of $20.00 million.

Analyst Ratings Changes

Several brokerages recently issued reports on CNVS. Alliance Global Partners reissued a “buy” rating on shares of Cineverse in a research note on Wednesday. Benchmark reissued a “speculative buy” rating on shares of Cineverse in a research report on Monday, November 17th. Weiss Ratings restated a “sell (d-)” rating on shares of Cineverse in a report on Monday, December 29th. UBS Group set a $9.00 price objective on shares of Cineverse in a research note on Friday, October 24th. Finally, Wall Street Zen downgraded shares of Cineverse from a “hold” rating to a “sell” rating in a research report on Saturday, October 25th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $9.00.

Institutional Trading of Cineverse

Hedge funds have recently modified their holdings of the company. Prelude Capital Management LLC boosted its holdings in shares of Cineverse by 31.1% in the 3rd quarter. Prelude Capital Management LLC now owns 17,037 shares of the company’s stock valued at $57,000 after acquiring an additional 4,037 shares during the last quarter. Founders Financial Securities LLC boosted its holdings in Cineverse by 38.5% in the third quarter. Founders Financial Securities LLC now owns 18,000 shares of the company’s stock valued at $60,000 after purchasing an additional 5,000 shares during the last quarter. Geode Capital Management LLC grew its position in Cineverse by 4.3% during the 4th quarter. Geode Capital Management LLC now owns 168,711 shares of the company’s stock worth $356,000 after purchasing an additional 6,952 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Cineverse by 11.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 78,936 shares of the company’s stock valued at $166,000 after buying an additional 8,155 shares during the period. Finally, Osaic Holdings Inc. boosted its stake in shares of Cineverse by 61.3% in the second quarter. Osaic Holdings Inc. now owns 22,902 shares of the company’s stock worth $109,000 after buying an additional 8,700 shares during the last quarter. 8.19% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Cineverse

Here are the key news stories impacting Cineverse this week:

• Positive Sentiment: Company completed two post‑quarter acquisitions that management says will add ~ $53M of annual revenue and ~ $10M of adjusted EBITDA for FY2027 and are expected to be immediately accretive — a material boost to growth and margins. Acquisitions & Results
• Positive Sentiment: Cineverse announced the acquisition of IndiCue to expand high‑margin streaming infrastructure, reinforcing management’s platform pivot and inorganic growth strategy. IndiCue Acquisition
• Positive Sentiment: Heavy insider buying on Feb 17: multiple executives (including the CFO and other officers) purchased shares at $2.00 each in several filings — a strong signal of management conviction and likely contributor to positive market sentiment. Insider Trades
• Positive Sentiment: Management raised forward targets: guidance for FY2027 of $115M–$120M revenue and $10M–$20M adjusted EBITDA, plus reported adjusted EBITDA of $2.4M and a large improvement in direct operating margin (69% vs. 48% prior year) — supports the growth/profitability story. Guidance & Strategy
• Neutral Sentiment: Earnings call and transcripts provide context on the platform pivot, AI integration and acquisition rationale — useful for due diligence but not new headline catalysts beyond guidance and deals. Earnings Transcript
• Neutral Sentiment: Reported short‑interest data shows “0 shares” (and NaN changes) — likely a reporting anomaly rather than a meaningful short‑squeeze signal. Investors should treat this as unreliable.
• Negative Sentiment: Q3 results missed expectations: revenue of $16.29M vs. ~$20M consensus and EPS of ($0.05) vs. ($0.03) expected; company still shows a negative net margin and negative ROE, underscoring ongoing profitability risk until acquisitions and scale materialize. Quarterly Release

Cineverse Company Profile

Cineverse (NASDAQ: CNVS), formerly known as Cinedigm, is a digital entertainment company that acquires, produces and distributes film and television content across a range of platforms. Through its streaming division, the company offers a portfolio of direct-to-consumer channels and apps—spanning genres such as horror, faith and family, documentaries and classic cinema—on both AVOD (ad-supported) and FAST (free ad-supported television) services. Cineverse also licenses its curated libraries to third-party streaming platforms, pay-TV operators and retail video-on-demand providers.

In addition to its consumer-facing streaming business, Cineverse operates a digital cinema network that supplies hardware, software and content delivery solutions to cinema exhibitors throughout North America.