Insider Buying: RLJ Entertainment major shareholder Purchases 6,100 Shares of Stock (RLJE)
RLJ Entertainment (NASDAQ:RLJE) major shareholder Robert L. Johnson purchased 6,100 shares of the company’s stock in a transaction that occurred on Monday, July 14th. The stock was purchased at an average cost of $3.71 per share, for a total transaction of $22,631.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of RLJ Entertainment (NASDAQ:RLJE) traded up 0.27% on Monday, hitting $3.74. The stock had a trading volume of 14,929 shares. RLJ Entertainment has a 1-year low of $3.32 and a 1-year high of $6.07. The stock’s 50-day moving average is $3.67 and its 200-day moving average is $4.20. The company’s market cap is $50.2 million.
RLJ Entertainment, Inc (NASDAQ:RLJE) is a direct wholly owned subsidiary of RLJ Acquisition, Inc (RLJ).
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