Cineverse Corp. (CNVS) reported first-quarter 2027 revenue of $30.6 million, up 175.16% from a year earlier and ahead of the $26.2 million analyst estimate. Gross profit rose to $10.7 million, reflecting stronger top-line growth in the period.
The company remained unprofitable, posting an operating loss of $5.1 million and net income attributable to common shareholders of $5.8 million in the red. Diluted earnings per share came in at $(0.28), compared with expectations for a smaller loss of $(0.14).
Key balance sheet and cash flow items showed a mixed picture:
Cost of sales climbed to $19.9 million, while the shares rose 1.21% after the market close following the release.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Cineverse Corp. Insider Trading Activity
Cineverse Corp. insiders have traded $CNVS stock on the open market 7 times in the past 6 months. Of those trades, 7 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $CNVS stock by insiders over the last 6 months:
- CHRISTOPHER J MCGURK (CEO and Chairman) purchased 75,000 shares for an estimated $150,000
- MARK ANTONIO HUIDOR (Pres Tech/Chief Product Off) purchased 37,500 shares for an estimated $75,000
- MARK WAYNE LINDSEY (CFO) purchased 35,000 shares for an estimated $70,000
- GARY S LOFFREDO (CLO, Secretary and Sr Advisor) purchased 30,000 shares for an estimated $60,000
- ERICK OPEKA (CSO and President) purchased 30,000 shares for an estimated $60,000
- YOLANDA MACIAS (Chief Motion Pictures Officer) purchased 30,000 shares for an estimated $60,000
- MARK TORRES (Chief People Officer) purchased 25,000 shares for an estimated $50,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Cineverse Corp. Hedge Fund Activity
We have seen 21 institutional investors add shares of Cineverse Corp. stock to their portfolio, and 18 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CORSAIR CAPITAL MANAGEMENT, L.P. added 351,000 shares (+45.7%) to their portfolio in Q1 2026, for an estimated $842,400
- MARSHALL WACE, LLP added 99,025 shares (+inf%) to their portfolio in Q2 2026, for an estimated $294,104
- ACADIAN ASSET MANAGEMENT LLC removed 60,138 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $144,331
- BYRNE ASSET MANAGEMENT LLC removed 44,200 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $106,080
- TWO SIGMA INVESTMENTS, LP removed 29,245 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $70,188
- CREWE ADVISORS LLC added 29,000 shares (+138.1%) to their portfolio in Q2 2026, for an estimated $86,130
- DIMENSIONAL FUND ADVISORS LP added 27,481 shares (+45.3%) to their portfolio in Q2 2026, for an estimated $81,618
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
