Investor’s Watchlist: United Online, Inc. (NASDAQ:UNTD), MeetMe Inc (NYSEMKT:MEET), Renren Inc (NYSE:RENN), Yahoo! Inc. (NASDAQ:YHOO)
United Online (NASDAQ:UNTD) Insider Harold Zeitz unloaded 42,278 shares of the stock on the open market in a transaction dated Monday, February 24th. The shares were sold at an average price of $11.74, for a total value of $496,343.72. Following the completion of the sale, the insider now directly owns 27,931 shares of the company’s stock, valued at approximately $327,910. The transaction was disclosed in a filing with the Securities & Exchange Commission, United Online, Inc. (NASDAQ:UNTD) stock opened at $11.24 in last session, and closed at $11.43, while the day range of UNTD stock is $11.20-$11.62.The stock showed a negative weekly performance of -19.96%.
Investors in MeetMe Inc. (MEET) saw new options become available this week, for the April 19th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the MEET options chain for the new April 19th contracts and identified one put and one call contract of particular interest MeetMe Inc (NYSEMKT:MEET) stock opened at $2.60, in last session and closed at $2.73, by gained 7.48%. The 52 week range was $1.07-$2.92.Company’s market capitalization is $105.04 million.
Renren Inc (NYSE:RENN) grew 11.24% on above-average volume Tuesday after the China Internet Network Information Center, state-affiliated research organization, published its latest Statistical Report on Internet Development in China. The report disclosed the number of Internet users in China totaled 618 million and the Internet penetration rate now stands at 45.8%. Amazingly, the world’s most populous nation ended 2013 with the number of mobile Internet users at 500 million. Renren Inc (NYSE:RENN) stock gained 6.41% and finished the last session at $3.65.The EPS of the stock remained -0.16.Company’s market capitalization is $1.36 billion.
The U.K. government is spying on Yahoo! Inc (NASDAQ:YHOO) users, quite literally, according to a report from The Guardian. The website reports that the GCHQ, with assistance from the U.S. National Security Agency, has been intercepting webcam images and storing them. This sort of surveillance goes beyond monitoring emails and other digital data sent and stored by individuals—the issue which got the NSA in trouble when Edward Snowden blew the whistle on the agency’s PRISM data mining program. Yahoo! Inc. (NASDAQ:YHOO) stock opened the session at $37.80, and closed the session at $38.47.The 52 week range of the YHOO stock remained $20.69-$41.72 and the day range was $37.74-$38.47.