Insider Selling: Urban One Inc (NASDAQ:UONE) CFO Sells 15,651 Shares of Stock

Urban One Inc (NASDAQ:UONE) CFO Peter Thompson sold 15,651 shares of Urban One stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $1.99, for a total transaction of $31,145.49. Following the transaction, the chief financial officer now directly owns 593,227 shares of the company’s stock, valued at $1,180,521.73. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

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

  • On Wednesday, November 27th, Peter Thompson sold 37,929 shares of Urban One stock. The shares were sold at an average price of $1.95, for a total transaction of $73,961.55.
  • On Friday, November 22nd, Peter Thompson sold 20,553 shares of Urban One stock. The shares were sold at an average price of $2.00, for a total transaction of $41,106.00.

NASDAQ:UONE traded up $0.04 on Monday, reaching $2.12. 900 shares of the stock traded hands, compared to its average volume of 8,441. The company has a market capitalization of $95.72 million, a price-to-earnings ratio of 0.71 and a beta of 0.37. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 4.74. Urban One Inc has a 12 month low of $1.72 and a 12 month high of $3.28. The company’s fifty day simple moving average is $2.14 and its 200 day simple moving average is $2.06.

Separately, ValuEngine upgraded shares of Urban One from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd.

About Urban One

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, Reach Media, Digital, and Cable Television. The Radio Broadcasting segment includes radio broadcasting operations that primarily target African-American and urban listeners.

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