Stingray Group Inc. (RAY) has a high amount of executive buying compared to its small-cap peers over the past three months.
Mark Pathy, a Director, acquired 100,000 Subordinate Voting Shares on an indirect ownership basis for registered holder Mavrik Corp. at a price of $5.500 through the public market on June 23rd, 2022. This represents a $550,000 investment into the company's shares and an account share holdings change of 2.0%.
Stingray Group is in the Broadcasting Sub Industry Group under the Consumer Cyclicals Sector.
Stingray Group Inc. is a Canada-based music, media, and technology company. The Company provides curated direct-to-consumer and business-to-business (B2B) services, including audio television channels, radio stations, subscription video-on-demand (SVOD) content, television channels, fast channels, karaoke products, digital signage, in-store music, and music applications. The Company also provides relaxation, mindfulness and sleep music. 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 160 countries.
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