RealNetworks (RNWK) Upgraded to Hold at ValuEngine
ValuEngine upgraded shares of RealNetworks (NASDAQ:RNWK) from a sell rating to a hold rating in a report issued on Thursday.
RealNetworks (NASDAQ:RNWK) traded up $0.11 during trading hours on Thursday, reaching $3.15. 137,562 shares of the company were exchanged, compared to its average volume of 161,489. RealNetworks has a 1-year low of $2.63 and a 1-year high of $5.00.
In other RealNetworks news, CFO Cary Baker purchased 35,816 shares of the stock in a transaction that occurred on Thursday, March 1st. The shares were acquired at an average cost of $2.93 per share, with a total value of $104,940.88. Following the completion of the transaction, the chief financial officer now owns 18,266 shares in the company, valued at $53,519.38. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 37.90% of the stock is currently owned by company insiders.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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