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Destiny Media Technologies (NASDAQ:DSNY) CEO Steve Vestergaard bought 50,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, June 13th. The stock was purchased at an average cost of $0.96 per share, with a total value of $48,000.00. Following the purchase, the chief executive officer now directly owns 11,688,011 shares in the company, valued at approximately $11,220,491. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Destiny Media Technologies (NASDAQ:DSNY) traded up 3.44% on Friday, hitting $0.8999. The stock had a trading volume of 27,891 shares. Destiny Media Technologies has a one year low of $0.78 and a one year high of $2.93. The stock’s 50-day moving average is $0.94 and its 200-day moving average is $1.3. The company’s market cap is $47.5 million.

Destiny Media Technologies (NASDAQ:DSNY) last released its earnings data on Thursday, April 10th. The company reported ($0.01) earnings per share for the quarter.

Destiny Media Technologies, Inc (NASDAQ:DSNY) develops and markets services that enable the secure distribution of digital media content over the Internet.

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