Stingray Group (RAY) has notable insider buying

Stingray Group (T:RAY)

Mark Pathy, a Director, acquired 150,000 Subordinate Voting Shares on an indirect ownership basis for registered holder Mavrik Corp. at a price of $3.300 through the public market on March 27th, 2020. This represents a $495,000 investment into the company's shares and an account share holdings change of 4.4%.

David Purdy, a Senior Officer, acquired 155,800 Subordinate Voting Shares on a direct ownership basis at a price of $3.765 through the public market on March 30th, 2020. This represents a $586,587 investment into the company's shares and an account share holdings change of greater than 100%.

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.