RLJ Entertainment major shareholder Buys $9,954 in Stock (RLJE)
RLJ Entertainment (NASDAQ:RLJE) major shareholder Robert L. Johnson purchased 2,100 shares of RLJ Entertainment stock on the open market in a transaction dated Wednesday, January 15th. The shares were purchased at an average price of $4.74 per share, for a total transaction of $9,954.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.
RLJ Entertainment (NASDAQ:RLJE) traded up 0.64% during mid-day trading on Thursday, hitting $4.70. The stock had a trading volume of 7,925 shares. RLJ Entertainment has a 52 week low of $3.25 and a 52 week high of $6.07. The stock’s 50-day moving average is $4.49 and its 200-day moving average is $5.11. The company’s market cap is $64.4 million.
RLJ Entertainment, Inc (NASDAQ:RLJE) is a direct wholly owned subsidiary of RLJ Acquisition, Inc (RLJ).
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