HUB24 Limited (ASX:HUB) Insider Sells A$13,400,000.00 in Stock

HUB24 Limited (ASX:HUB) insider Andrew Alcock sold 200,000 shares of the stock in a transaction on Monday, November 4th. The stock was sold at an average price of A$67.00 ($44.37), for a total value of A$13,400,000.00 ($8,874,172.19).

Andrew Alcock also recently made the following trade(s):

• On Wednesday, November 6th, Andrew Alcock purchased 33,558 shares of HUB24 stock. The stock was acquired at an average price of A$70.23 ($46.51) per share, with a total value of A$2,356,778.34 ($1,560,780.36).

HUB24 Price Performance

The company has a current ratio of 2.98, a quick ratio of 1.34 and a debt-to-equity ratio of 8.70.

HUB24 Increases Dividend

The business also recently declared a Final dividend, which was paid on Thursday, October 10th. Stockholders of record on Thursday, October 10th were given a $0.195 dividend. This is a boost from HUB24’s previous Final dividend of $0.19. This represents a dividend yield of 0.35%. The ex-dividend date was Sunday, September 8th. HUB24’s payout ratio is currently 68.42%.

About HUB24

HUB24 Limited, a financial services company, provides integrated platform, technology, and data solutions to wealth industry in Australia. It operates in Platform and Tech Solutions segments. The company develops and operates HUB24 and Xplore Wealth that are investment and superannuation platforms; and portfolio administration and reporting services for financial advisers, stockbrokers, accountants and their clients, and direct consumers.