Barclays PLC Has $556,000 Stock Position in Urban One, Inc. (NASDAQ:UONEK)

Barclays PLC lowered its holdings in shares of Urban One, Inc. (NASDAQ:UONEK) by 16.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 501,025 shares of the company’s stock after selling 96,483 shares during the period. Barclays PLC owned about 1.03% of Urban One worth $556,000 as of its most recent SEC filing.

Separately, Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Urban One in the 2nd quarter valued at $27,000. 19.70% of the stock is currently owned by hedge funds and other institutional investors.

Urban One Stock Performance

Shares of UONEK opened at $0.97 on Friday. The stock has a 50 day moving average price of $1.04 and a two-hundred day moving average price of $1.21. Urban One, Inc. has a 52 week low of $0.92 and a 52 week high of $3.96. The firm has a market capitalization of $46.47 million, a P/E ratio of -0.57 and a beta of 0.56. The company has a debt-to-equity ratio of 2.90, a quick ratio of 2.91 and a current ratio of 2.91.

Urban One (NASDAQ:UONEK) last issued its quarterly earnings results on Tuesday, November 12th. The company reported $0.31 EPS for the quarter. The firm 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%.

Insider Buying and Selling at Urban One

In other Urban One news, CAO Karen Wishart sold 50,000 shares of Urban One stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $1.01, for a total transaction of $50,500.00. Following the sale, the chief accounting officer now directly owns 41,278 shares of the company’s stock, valued at approximately $41,690.78. The trade was a 54.78 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Peter Thompson sold 100,000 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $1.07, for a total value of $107,000.00. Following the transaction, the chief financial officer now directly owns 220,642 shares of the company’s stock, valued at $236,086.94. This represents a 31.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 509,210 shares of company stock valued at $510,355 in the last 90 days. Corporate insiders own 50.45% of the company’s stock.

Urban One Company Profile

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.