RealNetworks (RNWK) Earning Somewhat Favorable Media Coverage, Study Shows

News coverage about RealNetworks (NASDAQ:RNWK) has trended somewhat positive on Sunday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. RealNetworks earned a news sentiment score of 0.03 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 46.7454887788047 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the news headlines that may have impacted Accern Sentiment’s rankings:

Separately, ValuEngine raised shares of RealNetworks from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd.

Shares of RealNetworks traded up $0.01, hitting $3.49, during trading hours on Friday, MarketBeat Ratings reports. 34,501 shares of the company’s stock were exchanged, compared to its average volume of 44,119. RealNetworks has a 12-month low of $2.63 and a 12-month high of $5.00.

RealNetworks (NASDAQ:RNWK) last posted its quarterly earnings results on Wednesday, August 1st. The technology company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.11) by ($0.07). The business 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 other news, CEO Robert Glaser bought 12,675 shares of the firm’s stock in a transaction that occurred on Wednesday, August 8th. The shares were bought at an average cost of $3.49 per share, with a total value of $44,235.75. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Michael Parham sold 25,000 shares of RealNetworks stock in a transaction on Tuesday, June 5th. The stock was sold at an average price of $3.52, for a total transaction of $88,000.00. Following the completion of the transaction, the senior vice president now directly owns 25,987 shares in the company, valued at $91,474.24. The disclosure for this sale can be found here. Insiders have acquired 121,226 shares of company stock worth $423,511 over the last three months. Insiders own 37.90% of the company’s stock.

About RealNetworks

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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