Insider Buying: Steve Vestergaard Purchases 50,000 Shares of Destiny Media Technologies Stock (DSNY)
Destiny Media Technologies (NASDAQ:DSNY) CEO Steve Vestergaard purchased 50,000 shares of the stock on the open market in a transaction that occurred on Friday, June 13th. The shares were purchased at an average price of $0.96 per share, with a total value of $48,000.00. Following the completion of the transaction, the chief executive officer now directly owns 11,688,011 shares in the company, valued at approximately $11,220,491. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Destiny Media Technologies (NASDAQ:DSNY) traded down 3.30% during mid-day trading on Monday, hitting $0.8702. 13,368 shares of the company’s stock traded hands. Destiny Media Technologies has a 52-week low of $0.78 and a 52-week 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 $45.9 million.
Destiny Media Technologies (NASDAQ:DSNY) last posted its quarterly earnings results 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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