RealNetworks SVP Sells $22,861 in Stock (RNWK)
RealNetworks (NASDAQ:RNWK) SVP Michael Parham sold 3,036 shares of RealNetworks stock on the open market in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $7.53, for a total transaction of $22,861.08. Following the sale, the senior vice president now directly owns 1,817 shares in the company, valued at approximately $13,682. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Shares of RealNetworks (NASDAQ:RNWK) opened at 7.73 on Wednesday. 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.. The company’s market cap is $277.4 million.
RealNetworks (NASDAQ:RNWK) last issued its quarterly earnings data 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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