LMR Partners LLP reduced its position in RealNetworks Inc (NASDAQ:RNWK) by 80.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,395 shares of the technology company’s stock after selling 50,379 shares during the period. LMR Partners LLP’s holdings in RealNetworks were worth $29,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Separately, Bank of America Corp DE lifted its position in RealNetworks by 42.7% during the second quarter. Bank of America Corp DE now owns 61,999 shares of the technology company’s stock valued at $229,000 after purchasing an additional 18,555 shares in the last quarter. Hedge funds and other institutional investors own 48.71% of the company’s stock.
NASDAQ RNWK opened at $3.36 on Monday. RealNetworks Inc has a fifty-two week low of $1.80 and a fifty-two week high of $3.91.
In other RealNetworks news, SVP Michael Parham sold 7,600 shares of the firm’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $3.31, for a total transaction of $25,156.00. Following the sale, the senior vice president now directly owns 21,625 shares of the company’s stock, valued at $71,578.75. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, President Massimiliano Pellegrini sold 15,000 shares of the firm’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $3.31, for a total value of $49,650.00. Following the sale, the president now directly owns 52,143 shares in the company, valued at $172,593.33. The disclosure for this sale can be found here. 39.50% of the stock is owned by company insiders.
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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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