Peter Thompson, the Chief Financial Officer and Executive Vice President of Urban One, Inc. (NASDAQ:UONEK), recently sold 100,000 shares of Class D Common Stock. The transaction took place on December 11, with shares sold at a price of $1.07 each, amounting to a total of $107,000. The sale comes amid a significant stock decline, with UONEK shares down over 71% year-to-date. According to InvestingPro analysis, the stock is currently trading below its Fair Value. Following this sale, Thompson holds 220,642 shares, which includes 150,000 shares of unvested Class D stock. Urban One, Inc., headquartered in Silver Spring, Maryland, operates in the radio broadcasting sector. The company, with a market capitalization of $48.4 million, maintains strong liquidity with a current ratio of 2.91. InvestingPro subscribers can access 7 additional key insights about Urban One's financial health and valuation metrics.
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