Radio One, Inc. (ROIA) Files Form 4 Insider Selling : Peter Thompson Sells 24,418 Shares

Radio One, Inc. (ROIA): Peter Thompson , CFO / EVP of Radio One, Inc. sold 24,418 shares on Sep 21, 2016. The Insider selling transaction was reported by the company on Sep 26, 2016 to the Securities and Exchange Commission. The shares were sold at $3.08 per share for a total value of $75,454.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 9, 2016, Peter Thompson (CFO / EVP) sold 18,500 shares at $3.27 per share price.On Sep 25, 2015, Ronald E Blaylock (director) sold 10,000 shares at $2.45 per share price.

Shares of Radio One (ROIA) ended Thursday, Sep 22, 2016 session in red amid volatile trading. The shares closed down -0.08 points or -2.52% at $3.09 with 436 shares getting traded. Post opening the session at $3.0738, the shares hit an intraday low of $3.0738 and an intraday high of $3.09 and the price vacillated in this range throughout the day. The company has a market cap of $150 M and the number of outstanding shares has been calculated to be 4,85,63,322 shares. The 52-week high of Radio One is $3.57 and the 52-week low is $1.08.

Radio One Money Flow Index Chart

Radio One Inc. together with its subsidiaries is an urban-oriented multi-media company. The Company’s core business is its radio broadcasting franchise that primarily targets African-American and urban listeners. The Company operates its business in four segments: radio broadcasting; Reach Media; Internet and cable television. The radio broadcasting segment consists of all radio broadcast results of operations. The Reach Media segment consists of the results of operations for the morning shows and related activities in addition to other syndicated radio shows. The Internet segment includes the results of its online business. The cable television segment consists of TV One LLC (TV One) results of operations. The Company owns and/or operates approximately 54 broadcast stations located in around 16 urban markets in the United States with approximately 13.8 million weekly national listeners.

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