In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Destiny Media Technologies Inc. (OTCMKTS:DSNY) reported that Graber Mark A has picked up 5,451,978 of common stock as of 2017-02-01.
The acquisition brings the aggregate amount owned by Graber Mark A to a total of 5,451,978 representing a 9.8% stake in the company.
A glance at Destiny Media Technologies Inc. (OTCMKTS:DSNY)’s key stats reveals a current market capitalization of 18.65 Million based on 55.01 million shares outstanding and a price at last close of $0.204 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2014-06-13, Kolic picked up 28,701 at a purchase price of $0.96. This brings their total holding to 318,373 as of the date of the filing.
On the sell side, the most recent transaction saw Vandenberg unload 1,500 shares at a sale price of $1.23. This brings their total holding to 715,901.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Destiny Media Technologies Inc. (OTCMKTS:DSNY) as things move forward to see if its progress aligns with these transactions.
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