Insider Selling: MediaCo Holding Inc. (NASDAQ:MDIA) Director Sells 40,298 Shares of Stock

MediaCo Holding Inc. (NASDAQ:MDIA) Director Corp Emmis sold 40,298 shares of the business’s stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $1.25, for a total transaction of $50,372.50. Following the transaction, the director now owns 317,254 shares in the company, valued at approximately $396,567.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Corp Emmis also recently made the following trade(s):

• On Friday, May 17th, Corp Emmis sold 4,547 shares of MediaCo stock. The stock was sold at an average price of $1.46, for a total transaction of $6,638.62.

MediaCo Trading Down 6.7 %

NASDAQ MDIA opened at $1.11 on Friday. The company’s 50-day moving average price is $1.72 and its 200-day moving average price is $0.95. The stock has a market cap of $28.87 million, a PE ratio of -0.61 and a beta of -0.25. MediaCo Holding Inc. has a 12 month low of $0.40 and a 12 month high of $6.86.

About MediaCo

MediaCo Holding Inc owns and operates radio stations in the United States. The company engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. It also offers digital advertising, and events, which includes sponsorships, ticket sales, licensing, and syndication services.