Alexander Denny Purchases 16,737 Shares of Apax Global Alpha (LON:APAX) Stock

Apax Global Alpha (LON:APAX) insider Alexander Denny acquired 16,737 shares of the business’s stock in a transaction dated Thursday, October 17th. The shares were acquired at an average cost of GBX 140 ($1.83) per share, with a total value of £23,431.80 ($30,597.81).

Apax Global Alpha Price Performance

APAX stock opened at GBX 145 ($1.89) on Friday. The firm has a 50 day simple moving average of GBX 142.58 and a two-hundred day simple moving average of GBX 148.31. The stock has a market cap of £712.10 million, a PE ratio of 1,611.11 and a beta of 0.74. Apax Global Alpha has a one year low of GBX 132.93 ($1.74) and a one year high of GBX 170.60 ($2.23).

Apax Global Alpha Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, October 3rd. Shareholders of record on Thursday, September 12th were given a dividend of GBX 5.50 ($0.07) per share. The ex-dividend date was Thursday, September 12th. This represents a yield of 3.82%. Apax Global Alpha’s payout ratio is 12,222.22%.

About Apax Global Alpha

Apax Global Alpha Limited specializes in fund of funds investments. It seeks to invest in public, private debt, and equity investments. Under fund of funds, the fund seeks to invest in private equity funds managed by Apax Partners. It also makes derived investments which are investments in equities and debt derived from the insights gained via Apax' Private Equity activities.