Stingray Group Inc. (RAY) has a high amount of executive buying compared to its small-cap peers over the past three months.
Claudine Blondin, a Director, acquired 47,000 Subordinate Voting Shares on a direct ownership basis at a price of $5.649 through the public market on August 18th, 2020. This represents a $265,498 investment into the company's shares and an account share holdings change of greater than 100%.
Stingray Group is in the Broadcasting Sub Industry Group under the Consumer Cyclicals Sector.
Stingray Group Inc. is a business-to-business (B2B) music, media and technology company. The Company provides curated direct-to-consumer and B2B services on various platforms, including audio television channels, radio stations, subscription video-on-demand (SVOD) content, karaoke products, digital signage, in-store music and music applications. The Company offers SVOD services on a wide range of Internet-capable devices including smart televisions (TVs), smartphones, tablets, video game consoles and multimedia devices. The Company offers Stingray Karaoke, Stingray Classica, Stingray DJAZZ and Stingray Qello. The Company also offers business to consumers (B2C) mobile applications that includes Stingray Music, Yokee Music, Yokee Piano and Yokee Guitar. The Company has approximately 400 million subscribers in over 156 countries.
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