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Point.360 (NASDAQ:PTSX) CEO Haig S. Bagerdjian purchased 100,000 shares of the stock in a transaction dated Friday, June 6th. The shares were purchased at an average price of $0.38 per share, for a total transaction of $38,000.00. Following the completion of the acquisition, 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 Securities & Exchange Commission, which can be accessed through this link.

Point.360 (NASDAQ:PTSX) opened at 0.3569 on Friday. Point.360 has a 52-week low of $0.27 and a 52-week high of $1.40. The stock’s 50-day moving average is $0.45 and its 200-day moving average is $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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