Radio One, Inc. (NASDAQ:UONE – Get Free Report) insider Lemuel Deon Levingston sold 5,646 shares of the company’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $4.15, for a total transaction of $23,430.90. Following the transaction, the insider owned 1,600 shares of the company’s stock, valued at $6,640. This trade represents a 77.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Lemuel Deon Levingston also recently made the following trade(s):
- On Tuesday, August 11th, Lemuel Deon Levingston sold 2,891 shares of Radio One stock. The shares were sold at an average price of $5.40, for a total value of $15,611.40.
- 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 stock was 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 Price Performance
Radio One stock opened at $4.83 on Friday. The stock has a 50-day moving average price of $5.04 and a two-hundred day moving average price of $6.39. Radio One, Inc. has a 12 month low of $4.63 and a 12 month high of $17.50. The company has a market capitalization of $22.29 million, a PE ratio of -0.32 and a beta of 0.81. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 20.77.
Analysts Set New Price Targets
Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Radio One in a report on Thursday, June 11th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.
Get Our Latest Stock Analysis on UONE
Institutional Investors Weigh In On Radio One
Large investors have recently added to or reduced their stakes in the business. Concurrent Investment Advisors LLC acquired a new position in Radio One in the second quarter valued at approximately $84,000. Barclays PLC lifted its position in shares of Radio One by 11.5% during the 4th quarter. Barclays PLC now owns 78,410 shares of the company’s stock valued at $81,000 after acquiring an additional 8,098 shares during the period. Finally, Geode Capital Management LLC lifted its position in shares of Radio One by 3.9% during the 4th quarter. Geode Capital Management LLC now owns 88,564 shares of the company’s stock valued at $91,000 after acquiring an additional 3,294 shares during the period. Institutional investors and hedge funds own 8.23% of the company’s stock.
About Radio One
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.
Featured Stories
- Five stocks we like better than Radio One
- The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story
- NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now
- Dropping the Dough: Yum! Brands Strategically Trims the Fat
- These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern
Receive News & Ratings for Radio One Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Radio One and related companies with MarketBeat.com's FREE daily email newsletter.
