Bravura Solutions Limited (ASX:BVS) Insider Buys A$997,074.62 in Stock

Bravura Solutions Limited (ASX:BVS) insider Damien Leonard purchased 433,888 shares of the stock in a transaction dated Friday, March 21st. The shares were purchased at an average price of A$2.30 ($1.45) per share, for a total transaction of A$997,074.62 ($627,090.96).

Damien Leonard also recently made the following trade(s):

• On Wednesday, March 19th, Damien Leonard bought 209,197 shares of Bravura Solutions stock. The shares were purchased at an average cost of A$2.24 ($1.41) per share, with a total value of A$468,601.28 ($294,717.79).

Bravura Solutions Stock Performance

The company has a debt-to-equity ratio of 13.02, a current ratio of 1.97 and a quick ratio of 1.45. The firm has a market capitalization of $1.25 billion, a PE ratio of 142.01 and a beta of 0.56.

Bravura Solutions Increases Dividend

The firm also recently disclosed a Interim dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th will be paid a $0.105 dividend. The ex-dividend date of this dividend is Thursday, March 27th. This represents a dividend yield of 3.78%. This is a boost from Bravura Solutions’s previous Interim dividend of $0.03. Bravura Solutions’s payout ratio is currently 800.00%.

Bravura Solutions Company Profile

Bravura Solutions Limited engages in the development, licensing, and maintenance of administration and management software applications for the wealth management and funds administration sectors in Australia, New Zealand, the United Kingdom, and internationally. The company operates through two segments: Wealth Management and Funds Administration.