Shares of RealNetworks Inc (NASDAQ:RNWK) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $2.25 and last traded at $2.25, with a volume of 8805 shares. The stock had previously closed at $2.41.
RealNetworks (NASDAQ:RNWK) last posted its earnings results on Wednesday, August 1st. The technology company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($0.07). The company had revenue of $15.72 million for the quarter. RealNetworks had a negative return on equity of 26.75% and a negative net margin of 18.52%.
In related news, CEO Robert Glaser bought 12,607 shares of the business’s stock in a transaction dated Wednesday, August 15th. The stock was bought at an average price of $3.44 per share, for a total transaction of $43,368.08. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders have bought 82,160 shares of company stock valued at $286,003. 39.50% of the stock is currently owned by corporate insiders.
RealNetworks Company Profile (NASDAQ:RNWK)
RealNetworks, Inc provides network-delivered digital media applications and services to manage, play, and share digital media. Its Consumer Media segment offers RealPlayer media player software, which enables consumers to discover, play, download, manage and edit digital video, stream audio and video, download and save photos and videos from the Web, transfer and share content on social networks, and edit their own photo and video content.
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