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

Urban One, Inc. (NASDAQ:UONE) CFO Peter Thompson sold 100,000 shares of the business’s 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 transaction, the chief financial officer now directly owns 220,642 shares in the company, valued at approximately $236,086.94. The trade was a 31.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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 1-year low of $1.23 and a 1-year high of $4.35. 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 has a debt-to-equity ratio of 2.90, a current ratio of 2.91 and a quick ratio of 2.91. The firm has a 50-day moving average of $1.50 and a two-hundred day moving average of $1.83.

Urban One (NASDAQ:UONE) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $0.31 EPS for the quarter. Urban One had a positive return on equity of 17.29% and a negative net margin of 17.82%. The firm had revenue of $110.39 million during the quarter.

Hedge Funds Weigh In On Urban One

A hedge fund recently bought a new stake in Urban One stock. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Urban One, Inc. (NASDAQ:UONE) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,801 shares of the company’s stock, valued at approximately $27,000. Institutional investors own 8.23% of the company’s stock.

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.