Public market insider buying at Stingray Group (RAY)

Public market insider buying at Stingray Group (T:RAY)

Mark Pathy, a Director, acquired 100,000 Subordinate Voting Shares on an indirect ownership basis for registered holder Mavrik Corp. at a price of $6.530 on February 8th, 2019. This represents a $653,000 investment into the company's shares and an account share holdings change of 5.7%.

Stingray Group is in the Broadcasting Sub Industry Group under the Consumer Cyclicals Sector.

Stingray Digital Group Inc. is a business-to-business (B2B) music products, services and content provider. The Company broadcasts music and video content on various platforms, including digital television, satellite television, Internet Protocol television (IPTV), the Internet, mobile devices and game consoles. The Company offers its clients a selection of multiplatform products (Stingray Music and Stingray Karaoke), long-form television channels (iConcerts, Stingray Brava, Stingray Djazz and Stingray Ambiance) and music video television channels (Stingray LiteTV). Its products and services are offered to pay television providers on a plug and play basis. It also offers various business solutions, including music and digital display-based solutions, through its Stingray Business division. Stingray Music is a music network, available on television, the Internet and through smartphones and tablets. The Company has approximately 400 million subscribers in over 150 countries.