Urban One CFO Peter Thompson Buys 156,500 Shares
Urban One's CFO Peter Thompson made a significant insider purchase of 156,500 shares.
Key Points
- Peter Thompson, CFO of Urban One, bought 156,500 shares on June 16, 2026.
- Shares of Urban One, Inc. (UONEK) are trading at $4.68, with a market cap of $21.1 million.
- Zazove Associates LLC increased its stake in Urban One by 5,083,163 shares, reaching 5,591,479 shares.
Urban One's Chief Financial Officer, Peter Thompson, made a notable insider purchase on June 16, 2026. Thompson acquired 156,500 shares of the company's stock, although the transaction was recorded at a price of $0.00, indicating a possible option or restricted stock award rather than a market purchase.
Insider Buying and Selling at Urban One, Inc.
On June 16, 2026, Peter Thompson, CFO and Executive Vice President of Urban One, acquired 156,500 shares of the company. The transaction, coded as "A," suggests it was an acquisition rather than an open market purchase. On the same day, Thompson also sold 59,626 shares at an average price of $4.50. Additionally, Terry Jones sold a total of 2,787 shares in transactions dated December 24 and 26, 2025, at prices around $0.85 per share.
Other Institutional Activity in Urban One
Zazove Associates LLC significantly increased its position in Urban One, adding 5,083,163 shares to hold a total of 5,591,479 shares worth about $7.12 million. Barclays PLC also added to its holdings, increasing by 3,103 shares to a total of 119,659 shares valued at approximately $652,142. Meanwhile, Vanguard Capital Management LLC initiated a position with 85,349 shares valued at $466,006. In contrast, BlackRock, Inc. slightly reduced its stake by 1 share, maintaining a total of 48,279 shares worth $263,603. Dimensional Fund Advisors LP and Renaissance Technologies LLC decreased their holdings by 1,151 and 1,165 shares, respectively.
Urban One Stock Snapshot
Shares of Urban One, Inc. (NasdaqCM: UONEK) are trading at $4.68. The company has a market capitalization of approximately $21.1 million. Its stock has a 52-week range between $4.27 and $14.00, reflecting a volatile trading pattern. The 50-day moving average stands at $5.05, and the 200-day moving average is $6.84. Urban One has a high debt-to-equity ratio of 1,758.8, indicating significant leverage.
Recent Earnings
Urban One reported revenue of $359.8 million, although the company experienced a revenue decline of 15.8%. The net margin was negative at -38.4%, and the company is not currently profitable, as indicated by its negative earnings per share of -$30.99. The next earnings report is anticipated on August 6, 2025.
About Urban One
Urban One, Inc. operates as a multimedia company targeting urban and African-American audiences in the United States. Headquartered in Silver Spring, Maryland, and led by CEO Alfred C. Liggins III, the company engages in radio broadcasting, cable television, and digital platforms. It owns TV One and CLEO TV, alongside a range of digital brands like BlackAmericaWeb.com and Interactive One. Founded in 1979, Urban One aims to provide diverse content across various media channels.
Bottom Line
Peter Thompson's significant share acquisition signals confidence in Urban One's future. Investors often track insider movements for potential insights, although these transactions don't guarantee stock performance. The company's current financial challenges, including its negative earnings, remain a concern. As always, remember that insider activity and 13F filings are backward-looking and may not represent current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.
