Radio One (NASDAQ:UONE) Insider Lemuel Deon Levingston Sells 5,646 Shares

Radio One, Inc. (NASDAQ:UONE) insider Lemuel Deon Levingston sold 5,646 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $4.15, for a total transaction of $23,430.90. Following the sale, the insider directly owned 1,600 shares of the company’s stock, valued at $6,640. This represents a 77.92% decrease in their position. The transaction was disclosed in a document filed 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 stock was sold at an average price of $5.40, for a total transaction of $15,611.40.
• On Monday, August 10th, Lemuel Deon Levingston sold 88 shares of Radio One stock. The stock was sold at an average price of $5.40, for a total transaction 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 transaction of $9,055.80.
• On Thursday, August 6th, Lemuel Deon Levingston sold 160 shares of Radio One stock. The shares were sold at an average price of $5.40, for a total transaction of $864.00.

Radio One Price Performance

UONE stock opened at $4.79 on Thursday. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 20.77. The firm has a market cap of $22.10 million, a price-to-earnings ratio of -0.32 and a beta of 0.81. The company’s fifty day simple moving average is $5.05 and its 200 day simple moving average is $6.44. Radio One, Inc. has a 12-month low of $4.63 and a 12-month high of $18.50.

Radio One (NASDAQ:UONE) last issued its quarterly earnings results on Tuesday, August 4th. The company reported ($1.58) earnings per share for the quarter. Radio One had a negative return on equity of 7.13% and a negative net margin of 19.04%.The business had revenue of $85.76 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated 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, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On Radio One

A number of large investors have recently bought and sold shares of the stock. Geode Capital Management LLC increased its stake in Radio One by 3.9% in the fourth quarter. Geode Capital Management LLC now owns 88,564 shares of the company’s stock valued at $91,000 after purchasing an additional 3,294 shares in the last quarter. Barclays PLC boosted 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 worth $81,000 after purchasing an additional 8,098 shares in the last quarter. Finally, Concurrent Investment Advisors LLC acquired a new stake in shares of Radio One in the 2nd quarter valued at about $84,000. 8.23% of the stock is currently owned by institutional investors and hedge funds.

Radio One Company Profile

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.