Insider Selling: Hub24 Ltd (HUB) Insider Sells 200,000 Shares of Stock

Insider Selling: Hub24 Ltd (HUB) Insider Sells 200,000 Shares of Stock

Hub24 Ltd (ASX:HUB) insider Bruce Higgins sold 200,000 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of A$15.15 ($10.74), for a total value of A$3,030,000.00 ($2,148,936.17).

Shares of ASX HUB traded up A$0.23 ($0.16) during midday trading on Thursday, reaching A$13.82 ($9.80). The company’s stock had a trading volume of 317,619 shares. Hub24 Ltd has a 12-month low of A$9.88 ($7.01) and a 12-month high of A$15.55 ($11.03). The company has a market capitalization of $860.61 million and a PE ratio of 105.50.

The firm also recently announced a Interim dividend, which was paid on Thursday, April 11th. Stockholders of record on Thursday, April 11th were paid a $0.02 dividend. The ex-dividend date was Wednesday, March 13th. This represents a dividend yield of 0.17%. Hub24’s payout ratio is presently 30.53%.

About Hub24

HUB24 Limited, together with its subsidiaries, provides solutions for the financial services industry in Australia. It operates through Platform, Licensee, and IT Services segments. The company develops and offers HUB24, an investment and superannuation platform, which is a portfolio administration service for financial advisers, stockbrokers, accountants, and their clients.

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