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RLJ Entertainment (NASDAQ:RLJE) major shareholder Robert L. Johnson acquired 2,897 shares of the stock in a transaction dated Monday, June 23rd. The stock was purchased at an average price of $3.59 per share, with a total value of $10,400.23. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Shares of RLJ Entertainment (NASDAQ:RLJE) opened at 3.5941 on Wednesday. RLJ Entertainment has a 52 week low of $3.32 and a 52 week high of $6.07. The stock’s 50-day moving average is $3.68 and its 200-day moving average is $4.26. The company’s market cap is $48.3 million.

RLJ Entertainment, Inc (NASDAQ:RLJE) is a direct wholly owned subsidiary of RLJ Acquisition, Inc (RLJ).

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