RLJ Entertainment Major Shareholder Robert Johnson Purchases 2,403 Shares (RLJE)
RLJ Entertainment (NASDAQ:RLJE) major shareholder Robert Johnson bought 2,403 shares of the company’s stock on the open market in a transaction that occurred on Thursday, October 10th. The stock was purchased at an average cost of $5.24 per share, for a total transaction of $12,591.72. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
RLJ Entertainment (NASDAQ:RLJE) traded down 1.51% on Friday, hitting $5.21. The stock had a trading volume of 500 shares. RLJ Entertainment has a 52-week low of $3.25 and a 52-week high of $9.68. The stock’s 50-day moving average is $5.44 and its 200-day moving average is $4.80. The company’s market cap is $70.7 million.
RLJ Entertainment, Inc (NASDAQ:RLJE) is a direct wholly owned subsidiary of RLJ Acquisition, Inc (RLJ).
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