Radio One, Inc. (NASDAQ:UONE – Get Free Report) insider Lemuel Deon Levingston sold 2,891 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $5.40, for a total transaction of $15,611.40. Following the completion of the transaction, the insider directly owned 7,246 shares in the company, valued at $39,128.40. This trade represents a 28.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Lemuel Deon Levingston also recently made the following trade(s):
- On Monday, August 10th, Lemuel Deon Levingston sold 88 shares of Radio One stock. The shares were sold at an average price of $5.40, for a total value of $475.20.
- On Friday, August 7th, Lemuel Deon Levingston sold 1,677 shares of Radio One stock. The shares were sold at an average price of $5.40, for a total value of $9,055.80.
- On Thursday, August 6th, Lemuel Deon Levingston sold 160 shares of Radio One stock. The stock was sold at an average price of $5.40, for a total value of $864.00.
Radio One Stock Down 0.1%
Shares of Radio One stock traded down $0.01 during trading on Friday, hitting $5.08. 3,129 shares of the stock traded hands, compared to its average volume of 64,518. The stock has a market cap of $22.98 million, a P/E ratio of -0.34 and a beta of 0.84. The company has a fifty day moving average price of $5.30 and a two-hundred day moving average price of $7.20. Radio One, Inc. has a twelve month low of $4.63 and a twelve month high of $18.50. The company has a debt-to-equity ratio of 20.77, a quick ratio of 1.84 and a current ratio of 1.84.
Hedge Funds Weigh In On Radio One
A hedge fund recently raised its stake in Radio One stock. Barclays PLC lifted its position in Radio One, Inc. (NASDAQ:UONE – Free Report) by 11.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 78,410 shares of the company’s stock after buying an additional 8,098 shares during the quarter. Barclays PLC owned about 1.74% of Radio One worth $81,000 as of its most recent filing with the Securities and Exchange Commission. 8.23% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Radio One in a research report on Thursday, June 11th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, Radio One has a consensus rating of “Sell”.
Check Out Our Latest Research Report on Radio One
Radio One Company Profile
Urban One, Inc, formerly known as Radio One, Inc, is a media company primarily serving African-American and urban audiences across the United States. The company’s core business activities center on radio broadcasting, operating a portfolio of urban-format radio stations that deliver music, news, and community-focused programming. Urban One’s radio network spans key metropolitan markets including Washington, DC, Atlanta, Philadelphia, and Minneapolis, among others.
In addition to its terrestrial radio operations, Urban One has expanded into digital media to engage listeners online.
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