Peter Thompson Sells 100,000 Shares of Urban One, Inc. (NASDAQ:UONEK) Stock

Urban One, Inc. (NASDAQ:UONEK) CFO Peter Thompson sold 100,000 shares of the business’s 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 directly owns 220,642 shares in the company, valued at $236,086.94. The trade was a 31.19 % decrease in their position. The transaction was disclosed in a filing 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 Stock Down 1.9 %

UONEK stock 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 debt-to-equity ratio of 2.90, a current ratio of 2.91 and a quick ratio of 2.91. The stock has a market cap of $48.38 million, a price-to-earnings ratio of -0.59 and a beta of 0.56. Urban One, Inc. has a 1 year low of $0.92 and a 1 year high of $4.25. The firm’s 50 day moving average is $1.05 and its two-hundred day moving average is $1.27.

Urban One (NASDAQ:UONEK) last issued its earnings results on Tuesday, November 12th. The company reported $0.31 EPS for the quarter. The business 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. acquired a new position in Urban One, Inc. (NASDAQ:UONEK) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 17,938 shares of the company’s stock, valued at approximately $27,000. 19.70% of the stock is owned by institutional investors and hedge funds.

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.