RealNetworks Inc (NASDAQ:RNWK) SVP Michael Parham sold 12,500 shares of the firm’s stock in a transaction on Friday, May 12th. The stock was sold at an average price of $4.26, for a total value of $53,250.00. Following the completion of the transaction, the senior vice president now directly owns 23,607 shares of the company’s stock, valued at $100,565.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

RealNetworks Inc (NASDAQ:RNWK) traded down 0.48% on Monday, reaching $4.19. The company’s stock had a trading volume of 33,961 shares. The company’s market cap is $155.46 million. The company has a 50-day moving average price of $4.45 and a 200 day moving average price of $4.76. RealNetworks Inc has a 12 month low of $3.97 and a 12 month high of $5.45.

RealNetworks (NASDAQ:RNWK) last released its quarterly earnings data on Wednesday, May 3rd. The technology company reported ($0.25) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.20) by $0.05. The company had revenue of $30.58 million during the quarter, compared to analysts’ expectations of $30.75 million. RealNetworks had a negative return on equity of 41.33% and a negative net margin of 30.34%. On average, equities research analysts anticipate that RealNetworks Inc will post ($0.82) EPS for the current fiscal year.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Alambic Investment Management L.P. increased its position in RealNetworks by 2.3% in the first quarter. Alambic Investment Management L.P. now owns 35,050 shares of the technology company’s stock valued at $170,000 after buying an additional 800 shares in the last quarter. Parametric Portfolio Associates LLC increased its position in shares of RealNetworks by 3.4% in the first quarter. Parametric Portfolio Associates LLC now owns 38,991 shares of the technology company’s stock worth $189,000 after buying an additional 1,298 shares in the last quarter. B. Riley Financial Inc. acquired a new position in shares of RealNetworks during the third quarter worth about $237,000. Schwab Charles Investment Management Inc. increased its position in shares of RealNetworks by 5.0% in the first quarter. Schwab Charles Investment Management Inc. now owns 100,390 shares of the technology company’s stock worth $486,000 after buying an additional 4,788 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of RealNetworks by 1.6% in the first quarter. Bank of New York Mellon Corp now owns 108,940 shares of the technology company’s stock worth $528,000 after buying an additional 1,690 shares in the last quarter. Hedge funds and other institutional investors own 51.10% of the company’s stock.

Several brokerages recently commented on RNWK. B. Riley reaffirmed a “buy” rating and issued a $7.50 target price on shares of RealNetworks in a research report on Friday, February 3rd. Zacks Investment Research cut RealNetworks from a “hold” rating to a “sell” rating in a research report on Tuesday, May 9th.

About RealNetworks

RealNetworks, Inc creates applications and services that enable to connect with digital media. The Company connects consumers with their digital media directly and through partners, focusing on supporting various network, devices, media types and social networks. It operates through three segments: Consumer Media, Mobile Services and Games.

12 Month Chart for NASDAQ:RNWK

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