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Director Richard Lee Boger of Gray Media, Inc (NYSE:GTN), a media company with a market capitalization of $566 million, sold 20,000 shares of common stock on September 9, 2025. The shares were sold at a price of $5.823, for a total transaction value of $116,460. According to InvestingPro analysis, the stock is currently trading below its Fair Value, with shares up over 52% in the past six months.
Following the transaction, Boger directly owns 61,343 shares of Common Stock and 6,591 shares of Class A Common Stock in Gray Media, Inc. He also indirectly owns 2,092 shares of Class A Common Stock as custodian for grandchildren. The company maintains a "GOOD" Financial Health score on InvestingPro, which offers comprehensive analysis through its Pro Research Report, including detailed insider trading patterns and valuation metrics.
In other recent news, Gray Media has announced a series of significant developments. The company launched a nationwide investigative project titled "Manipulated: A Disinformation Nation," which aims to explore the impact of artificial intelligence on daily life and its role in spreading disinformation. Additionally, Gray Media has made strides in broadcasting technology by preparing to air the first native High Dynamic Range (HDR) football game in the U.S., specifically a New Orleans Saints preseason game, using NEXTGEN TV technology.
In partnership news, Gray Media has teamed up with Google Cloud and Quickplay to enhance its video streaming capabilities, aiming to deliver personalized viewing experiences through cloud-native technology. The company also renewed its network affiliations with the Fox Television Network across 27 markets, ensuring continued coverage in key regions such as Portland, Cincinnati, Las Vegas, and Birmingham. Furthermore, Gray Media has promoted Bob Kroeger to the position of Chief Technology Officer, following the retirement of David Burke. These recent developments highlight Gray Media’s ongoing efforts to innovate and expand its broadcasting and streaming services.
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