Insider Buying: RealNetworks Inc (RNWK) CFO Purchases 35,816 Shares of Stock
RealNetworks Inc (NASDAQ:RNWK) CFO Cary Baker purchased 35,816 shares of RealNetworks stock in a transaction on Thursday, March 1st. The stock was bought at an average price of $2.93 per share, with a total value of $104,940.88. Following the transaction, the chief financial officer now owns 18,266 shares of the company’s stock, valued at $53,519.38. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.
RealNetworks Inc (NASDAQ:RNWK) opened at $3.15 on Friday. RealNetworks Inc has a one year low of $2.63 and a one year high of $5.00.
Separately, ValuEngine upgraded RealNetworks from a “sell” rating to a “hold” rating in a research report on Thursday.
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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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