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

Urban One, Inc. (NASDAQ:UONE) CFO Peter Thompson sold 100,000 shares of the stock in a transaction dated 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 owns 220,642 shares in the company, valued at approximately $236,086.94. This trade represents a 31.19 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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 value of $246,000.00.

Urban One Trading Down 1.2 %

Shares of NASDAQ UONE opened at $1.66 on Monday. Urban One, Inc. has a 12-month low of $1.23 and a 12-month high of $4.35. The company has a market cap of $79.52 million, a price-to-earnings ratio of -0.98 and a beta of 0.95. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 2.90. The stock’s 50 day simple moving average is $1.50 and its 200 day simple moving average is $1.83.

Urban One (NASDAQ:UONE) last posted its earnings results on Tuesday, November 12th. The company reported $0.31 earnings per share (EPS) for the quarter. The company 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 Inflows and Outflows

An institutional investor recently bought a new position in Urban One stock. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Urban One, Inc. (NASDAQ:UONE) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 13,801 shares of the company’s stock, valued at approximately $27,000. 8.23% 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.