Point.360 CEO Haig S. Bagerdjian Acquires 100,000 Shares (PTSX)
Point.360 (NASDAQ:PTSX) CEO Haig S. Bagerdjian bought 100,000 shares of the stock in a transaction dated Friday, June 6th. The shares were purchased at an average cost of $0.38 per share, with a total value of $38,000.00. Following the completion of the purchase, the chief executive officer now directly owns 6,122,751 shares in the company, valued at approximately $2,326,645. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Shares of Point.360 (NASDAQ:PTSX) traded up 1.94% on Friday, hitting $0.3569. 35,160 shares of the company’s stock traded hands. Point.360 has a 1-year low of $0.27 and a 1-year high of $1.40. The stock has a 50-day moving average of $0.45 and a 200-day moving average of $0.49. The company’s market cap is $3.8 million.
Point.360 is an integrated media management services company providing film, video and audio post-production, archival, duplication, computer graphics and data distribution services to motion picture studios, television networks, independent production companies and multinational companies.
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