RealNetworks SVP Michael Parham Sells 3,036 Shares (RNWK)
RealNetworks (NASDAQ:RNWK) SVP Michael Parham sold 3,036 shares of RealNetworks stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $7.53, for a total transaction of $22,861.08. Following the completion of the sale, the senior vice president now directly owns 1,817 shares of the company’s stock, valued at approximately $13,682. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of RealNetworks (NASDAQ:RNWK) traded up 3.33% during mid-day trading on Monday, hitting $7.75. The stock had a trading volume of 47,883 shares. RealNetworks has a 52-week low of $6.83 and a 52-week high of $8.95. The stock’s 50-day moving average is $7.48 and its 200-day moving average is $7.55. The company’s market cap is $278.1 million.
RealNetworks (NASDAQ:RNWK) last posted its quarterly earnings results on Wednesday, May 7th. The company reported ($0.22) earnings per share for the quarter. The company had revenue of $45.70 million for the quarter, compared to the consensus estimate of $50.60 million.
RealNetworks, Inc (NASDAQ:RNWK) is a provider of network-delivered digital media products and services.
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