Stingray Group (RAY) has notable insider buying

Stingray Group (T:RAY)

Éric Boyko, CEO, Director and 10% Holder executive, acquired 187,500 Subordinate Voting Shares on an indirect ownership basis for registered holder Boyko Investments Limited Partnership at a price of $3.400 through the public market on March 27th, 2020. This represents a $637,500 investment into the company's shares and an account share holdings change of 44.5%.

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.