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

Radio One, Inc. (NASDAQ:UONE) insider Lemuel Deon Levingston sold 2,891 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $5.40, for a total transaction of $15,611.40. Following the transaction, the insider owned 7,246 shares of the company’s stock, valued at approximately $39,128.40. This represents a 28.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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 shares were 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 shares were 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 Price Performance

Radio One stock opened at $5.08 on Friday. The company has a debt-to-equity ratio of 20.77, a current ratio of 1.84 and a quick ratio of 1.84. The company has a market capitalization of $22.97 million, a PE ratio of -0.34 and a beta of 0.84. Radio One, Inc. has a one year low of $4.63 and a one year high of $18.50. The business has a 50 day simple moving average of $5.27 and a 200 day simple moving average of $7.18.

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

Institutional Investors Weigh In On Radio One

A hedge fund recently raised its position in Radio One stock. Barclays PLC boosted its holdings in shares of Radio One, Inc. (NASDAQ:UONE) by 11.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 78,410 shares of the company’s stock after purchasing an additional 8,098 shares during the period. Barclays PLC owned 1.74% of Radio One worth $81,000 as of its most recent SEC filing. 8.23% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Radio One in a report on Thursday, June 11th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

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.