Geode Capital Management LLC decreased its position in shares of MediaCo Holding Inc. (NASDAQ:MDIA – Free Report) by 15.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,604 shares of the company’s stock after selling 13,029 shares during the period. Geode Capital Management LLC owned 0.16% of MediaCo worth $84,000 at the end of the most recent quarter.
Separately, Jane Street Group LLC acquired a new stake in MediaCo in the 3rd quarter valued at approximately $67,000. 64.01% of the stock is owned by institutional investors and hedge funds.
MediaCo Trading Down 5.8 %
MDIA opened at $0.97 on Monday. The business has a 50 day moving average of $1.13 and a 200-day moving average of $1.19. The stock has a market capitalization of $45.32 million, a price-to-earnings ratio of -2.70 and a beta of -0.46. MediaCo Holding Inc. has a 1-year low of $0.92 and a 1-year high of $5.73.
About MediaCo
MediaCo Holding Inc owns and operates radio stations in the United States. The company engages in the operation of WQHT-FM and WBLS-FM radio stations in the New York City area. It also offers digital advertising, and events, which includes sponsorships, ticket sales, licensing, and syndication services.
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