Urban One, Inc. (NASDAQ:UONEK) Stock Holdings Trimmed by Barclays PLC

Barclays PLC decreased its holdings in Urban One, Inc. (NASDAQ:UONEK) by 16.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 501,025 shares of the company’s stock after selling 96,483 shares during the quarter. Barclays PLC owned 1.05% of Urban One worth $556,000 as of its most recent filing with the SEC.

Separately, Point72 Asia Singapore Pte. Ltd. bought a new stake in Urban One during the second quarter worth approximately $27,000. 19.70% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Urban One

In related news, CFO Peter Thompson sold 100,000 shares of the stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $1.07, for a total value of $107,000.00. Following the completion of the sale, the chief financial officer now directly owns 220,642 shares of the company’s stock, valued at approximately $236,086.94. This represents a 31.19 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO David M. Kantor sold 70,350 shares of Urban One stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $0.98, for a total value of $68,943.00. Following the transaction, the chief executive officer now directly owns 8,061 shares in the company, valued at approximately $7,899.78. This trade represents a 89.72 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 579,560 shares of company stock worth $579,298 in the last quarter. 50.45% of the stock is owned by company insiders.

Urban One Price Performance

Shares of NASDAQ UONEK opened at $0.94 on Friday. Urban One, Inc. has a twelve month low of $0.81 and a twelve month high of $3.96. The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 2.90. The firm has a 50-day moving average of $1.00 and a two-hundred day moving average of $1.16. The company has a market capitalization of $44.79 million, a price-to-earnings ratio of -0.55 and a beta of 0.57.

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

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.