Media stories about RealNetworks (NASDAQ:RNWK) have been trending somewhat positive on Saturday, according to Alpha One Sentiment. Alpha One, a subsidiary of Accern, rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. RealNetworks earned a news impact score of 0.01 on Alpha One’s scale. Alpha One also assigned news stories about the technology company an impact score of 56 out of 100, indicating that recent press coverage is somewhat likely to have an impact on the stock’s share price in the next several days.
Shares of RealNetworks (NASDAQ:RNWK) opened at 4.21 on Friday. RealNetworks has a 12-month low of $3.97 and a 12-month high of $5.45. The firm’s market capitalization is $156.20 million. The stock has a 50 day moving average price of $4.45 and a 200 day moving average price of $4.76.
RealNetworks (NASDAQ:RNWK) last released its quarterly earnings results on Wednesday, May 3rd. The technology company reported ($0.25) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.20) by $0.05. RealNetworks had a negative net margin of 30.34% and a negative return on equity of 41.33%. The firm had revenue of $30.58 million during the quarter, compared to analyst estimates of $30.75 million. Equities analysts anticipate that RealNetworks will post ($0.82) earnings per share for the current fiscal year.
A number of equities analysts recently issued reports on RNWK shares. B. Riley reaffirmed a “buy” rating and issued a $7.50 price target on shares of RealNetworks in a report on Tuesday, January 24th. Zacks Investment Research downgraded RealNetworks from a “hold” rating to a “sell” rating in a report on Tuesday, May 9th.
In other RealNetworks news, Director Dominique Trempont sold 12,842 shares of RealNetworks stock in a transaction dated Monday, May 8th. The stock was sold at an average price of $4.41, for a total value of $56,633.22. Following the sale, the director now owns 12,780 shares of the company’s stock, valued at approximately $56,359.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Michael Parham sold 12,500 shares of RealNetworks stock in a transaction dated Friday, May 12th. The shares were sold at an average price of $4.26, for a total value of $53,250.00. Following the completion of the sale, the senior vice president now directly owns 23,607 shares in the company, valued at approximately $100,565.82. The disclosure for this sale can be found here. Company insiders own 39.50% of the company’s stock.
RealNetworks Company Profile
RealNetworks, Inc creates applications and services that enable to connect with digital media. The Company connects consumers with their digital media directly and through partners, focusing on supporting various network, devices, media types and social networks. It operates through three segments: Consumer Media, Mobile Services and Games.
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