Radio One (NASDAQ:UONE) Insider Lemuel Deon Levingston Sells 2,891 Shares of Stock

Radio One, Inc. (NASDAQ:UONE) insider Lemuel Deon Levingston sold 2,891 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $5.40, for a total value of $15,611.40. Following the sale, the insider directly owned 7,246 shares of the company’s stock, valued at $39,128.40. The trade was a 28.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Lemuel Deon Levingston also recently made the following trade(s):

• 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 value 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 value of $9,055.80.
• On Thursday, August 6th, Lemuel Deon Levingston sold 160 shares of Radio One stock. The stock was sold at an average price of $5.40, for a total value of $864.00.

Radio One Stock Down 0.1%

Shares of NASDAQ:UONE opened at $5.08 on Friday. Radio One, Inc. has a 1 year low of $4.63 and a 1 year high of $18.50. The company has a market capitalization of $22.98 million, a PE ratio of -0.34 and a beta of 0.84. The business has a fifty day moving average price of $5.27 and a two-hundred day moving average price of $7.18. The company has a debt-to-equity ratio of 20.77, a current ratio of 1.84 and a quick ratio of 1.84.

Radio One (NASDAQ:UONE) last announced its earnings results on Thursday, May 14th. The company reported ($0.69) earnings per share (EPS) for the quarter. The business had revenue of $77.65 million for the quarter. Radio One had a negative net margin of 19.04% and a negative return on equity of 7.13%.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Radio One in a research report on Thursday, June 11th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Radio One currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Radio One

An institutional investor recently raised its stake in Radio One stock. Barclays PLC raised its position in Radio One, Inc. (NASDAQ:UONE) by 11.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,410 shares of the company’s stock after buying an additional 8,098 shares during the quarter. Barclays PLC owned about 1.74% of Radio One worth $81,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 8.23% of the company’s stock.

About Radio One

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.