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 Urban One stock in a transaction 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 owns 220,642 shares in the company, valued at $236,086.94. This represents a 31.19 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 stock was sold at an average price of $1.23, for a total transaction of $246,000.00.

Urban One Stock Performance

NASDAQ UONE opened at $1.66 on Friday. Urban One, Inc. has a twelve month low of $1.23 and a twelve month high of $4.35. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 2.90. The stock has a market cap of $79.51 million, a P/E ratio of -0.98 and a beta of 0.95. The company’s 50-day simple moving average is $1.50 and its 200 day simple moving average is $1.84.

Urban One (NASDAQ:UONE) last released its quarterly earnings data on Tuesday, November 12th. The company reported $0.31 earnings per share 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 Trading of Urban One

An institutional investor recently bought a new position in Urban One stock. Point72 Asia Singapore Pte. Ltd. bought a new stake in Urban One, Inc. (NASDAQ:UONE) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 13,801 shares of the company’s stock, valued at approximately $27,000. 8.23% of the stock is owned by hedge funds and other institutional investors.

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