Urban One CFO Peter Thompson Sells Shares
Urban One's CFO sold over 72,000 shares, garnering over $326,000.
Key Points
- CFO Peter Thompson of Urban One sold 72,655 shares on June 24, 2026, at an average price of $4.50 per share.
- Urban One, Inc. has a market cap of about $20.3 million and recently traded near $4.40.
- Institutional investors like Zazove Associates LLC significantly increased their holdings in Urban One.
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Urban One, Inc. (NasdaqCM:UONEK) saw its Chief Financial Officer and Executive Vice President, Peter Thompson, sell 72,655 shares on June 24, 2026. The shares were sold at an average price of $4.50 each, amounting to a total transaction value of $326,947.50. This transaction was not part of a prearranged trading plan.
Other Institutional Activity in Urban One
Zazove Associates LLC made a significant move by adding 5,083,163 shares to its holdings, bringing its total to 5,591,479 shares worth about $7.12 million. Barclays PLC also increased its stake by 3,103 shares, resulting in 119,659 shares valued at approximately $652,142. Vanguard Capital Management LLC opened a new position with 85,349 shares worth $466,006. Meanwhile, BlackRock, Inc. slightly reduced its holdings by 1 share to 48,279 shares, valued at $263,603. Dimensional Fund Advisors LP and Renaissance Technologies LLC both trimmed their positions, with the former reducing by 1,151 shares and the latter by 1,165 shares.
Urban One, Inc. Stock Up 6.9%
On Thursday, shares of Urban One, Inc. traded near $4.40. The company, which operates in the broadcasting industry, has a market capitalization of approximately $20.3 million. Urban One's stock has a 52-week range between $4.27 and $14.00, with a 50-day moving average of $5.05 and a 200-day moving average of $6.84. The company has a current ratio of 1.836 and a quick ratio of 1.202, although it carries a high debt-to-equity ratio of 2019.359. Urban One is currently not profitable, with a negative earnings per share of -$30.73.
$UONEK stock price
Daily closing prices, year to date. Not investment advice.
Insider Buying and Selling at Urban One, Inc.
In addition to the recent sale, Peter Thompson was active earlier in June, purchasing 156,500 shares on June 16, 2026. He also sold 59,626 shares on the same day at $4.50 each. Another insider, Terry Jones, sold small amounts of shares in December 2025.
About Urban One
Urban One, Inc., headquartered in Silver Spring, Maryland, is a multimedia company focusing on urban-oriented content. It operates radio broadcasting stations, digital platforms, and cable television networks targeting African-American audiences. The company, founded in 1979, was formerly known as Radio One, Inc. and is led by CEO Alfred C. Liggins III. Urban One employs around 864 people.
Bottom Line
The recent insider sale by CFO Peter Thompson highlights ongoing activity within Urban One, Inc. Investors keep an eye on such transactions as part of their broader analysis of company health and strategy. While 13F filings and insider trades offer valuable insights, they reflect past actions and may not necessarily indicate current positions or future plans.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.