Urban One, Inc. (NASDAQ:UONEK) CFO Sells $107,000.00 in Stock

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 value of $107,000.00. Following the completion of the transaction, the chief financial officer now owns 220,642 shares of the company’s stock, valued at $236,086.94. The trade was a 31.19 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 Price Performance

NASDAQ UONEK traded down $0.02 during trading on Friday, hitting $1.01. 21,266 shares of the stock traded hands, compared to its average volume of 47,187. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 2.90. Urban One, Inc. has a 12-month low of $0.92 and a 12-month high of $4.25. The firm has a 50-day simple moving average of $1.05 and a 200-day simple moving average of $1.27. The company has a market capitalization of $48.38 million, a P/E ratio of -0.59 and a beta of 0.56.

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

Institutional Investors Weigh In On Urban One

An institutional investor recently bought a new position in Urban One stock. Point72 Asia Singapore Pte. Ltd. acquired a new position in shares of Urban One, Inc. (NASDAQ:UONEK) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 17,938 shares of the company’s stock, valued at approximately $27,000. Institutional investors and hedge funds own 19.70% of the company’s stock.

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.