Urban One, Inc. (NASDAQ:UONEK) CFO Peter Thompson Sells 100,000 Shares

Urban One, Inc. (NASDAQ:UONEK) CFO Peter Thompson sold 100,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $1.07, for a total transaction of $107,000.00. Following the sale, the chief financial officer now directly owns 220,642 shares in the company, valued at $236,086.94. This trade represents a 31.19 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Peter Thompson also recently made the following trade(s):

• On Monday, September 23rd, Peter Thompson sold 200,000 shares of Urban One stock. The shares were sold at an average price of $1.23, for a total transaction of $246,000.00.

Urban One Trading Down 1.9 %

Shares of UONEK stock opened at $1.01 on Friday. The company has a market capitalization of $48.38 million, a PE ratio of -0.59 and a beta of 0.56. Urban One, Inc. has a 52-week low of $0.92 and a 52-week high of $4.25. The business’s fifty day moving average is $1.05 and its 200 day moving average is $1.27. The company has a debt-to-equity ratio of 2.90, a quick ratio of 2.91 and a current ratio of 2.91.

Urban One (NASDAQ:UONEK) last announced its earnings results on Tuesday, November 12th. The company reported $0.31 earnings per share for the quarter. The business had revenue of $110.39 million for the quarter. Urban One had a positive return on equity of 17.29% and a negative net margin of 17.82%.

Institutional Investors Weigh In On Urban One

An institutional investor recently bought a new position in Urban One stock. Point72 Asia Singapore Pte. Ltd. purchased a new position in Urban One, Inc. (NASDAQ:UONEK) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 17,938 shares of the company’s stock, valued at approximately $27,000. 19.70% of the stock is owned by institutional investors.

Urban One Company Profile

Urban One, Inc, together with its subsidiaries, operates as an urban-oriented multi-media company in the United States. The company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and Digital. The Radio Broadcasting segment includes radio broadcasting operations that primarily target African-American and urban listeners.