Parametric Portfolio Associates LLC raised its position in RealNetworks, Inc. (NASDAQ:RNWK) by 3.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,991 shares of the technology company’s stock after buying an additional 1,298 shares during the period. Parametric Portfolio Associates LLC owned 0.11% of RealNetworks worth $189,000 at the end of the most recent reporting period.
Separately, Bank of New York Mellon Corp raised its position in RealNetworks by 1.6% in the first quarter. Bank of New York Mellon Corp now owns 108,940 shares of the technology company’s stock worth $528,000 after buying an additional 1,690 shares in the last quarter. 50.32% of the stock is owned by hedge funds and other institutional investors.
Shares of RealNetworks, Inc. (NASDAQ RNWK) opened at 4.05 on Friday. The company’s market capitalization is $150.66 million. The company’s 50 day moving average is $4.28 and its 200 day moving average is $4.50. RealNetworks, Inc. has a one year low of $4.00 and a one year high of $5.45.
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Several equities analysts have commented on RNWK shares. Zacks Investment Research raised shares of RealNetworks from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. B. Riley reissued a “buy” rating and issued a $6.50 target price on shares of RealNetworks in a report on Sunday, July 23rd.
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.
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