RLJ Entertainment, Inc. (RLJE) Director Buys $14,999.60 in Stock

RLJ Entertainment, Inc. (NASDAQ:RLJE) Director Arlene Manos bought 3,896 shares of the company’s stock in a transaction that occurred on Thursday, December 28th. The shares were bought at an average price of $3.85 per share, for a total transaction of $14,999.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Arlene Manos also recently made the following trade(s):

  • On Friday, December 28th, Arlene Manos bought 3,896 shares of RLJ Entertainment stock. The shares were bought at an average price of $3.85 per share, for a total transaction of $14,999.60.

RLJ Entertainment, Inc. (RLJE) traded up $0.06 on Tuesday, reaching $3.74. The company had a trading volume of 2,167 shares, compared to its average volume of 2,450. RLJ Entertainment, Inc. has a fifty-two week low of $1.42 and a fifty-two week high of $4.61. The company has a market capitalization of $52.63, a price-to-earnings ratio of -1.41 and a beta of 2.99. The company has a quick ratio of 1.42, a current ratio of 1.50 and a debt-to-equity ratio of -5.22.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RLJE. Gabelli Funds LLC acquired a new position in RLJ Entertainment during the third quarter worth approximately $198,000. Gamco Investors INC. ET AL increased its position in RLJ Entertainment by 15.7% during the third quarter. Gamco Investors INC. ET AL now owns 176,428 shares of the company’s stock worth $626,000 after buying an additional 24,000 shares during the last quarter. Finally, Teton Advisors Inc. increased its position in RLJ Entertainment by 10.9% during the third quarter. Teton Advisors Inc. now owns 388,683 shares of the company’s stock worth $1,380,000 after buying an additional 38,334 shares during the last quarter. Institutional investors and hedge funds own 7.41% of the company’s stock.

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About RLJ Entertainment

RLJ Entertainment, Inc (RLJE) is a global entertainment content distribution company. RLJE is a film and television licensee focusing on action, thriller and horror independent feature films. RLJE operates through three segments: Intellectual Property (IP) Licensing; Wholesale, and Direct-to-Consumer.

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