WiseTech Global (ASX:WTC) Insider Richard White Sells 573,750 Shares of Stock

WiseTech Global Limited (ASX:WTC) insider Richard White sold 573,750 shares of WiseTech Global stock in a transaction that occurred on Thursday, October 9th. The stock was sold at an average price of A$87.16, for a total transaction of A$50,008,050.00.

Richard White also recently made the following trade(s):

• On Thursday, October 2nd, Richard White sold 598,130 shares of WiseTech Global stock. The stock was sold at an average price of A$91.46, for a total transaction of A$54,704,969.80.
• On Thursday, September 25th, Richard White sold 709,800 shares of WiseTech Global stock. The stock was sold at an average price of A$95.82, for a total transaction of A$68,013,036.00.
• On Thursday, September 18th, Richard White sold 519,100 shares of WiseTech Global stock. The stock was sold at an average price of A$96.76, for a total transaction of A$50,228,116.00.
• On Thursday, September 11th, Richard White sold 550,700 shares of WiseTech Global stock. The stock was sold at an average price of A$94.23, for a total transaction of A$51,892,461.00.
• On Thursday, September 4th, Richard White sold 703,300 shares of WiseTech Global stock. The stock was sold at an average price of A$98.17, for a total transaction of A$69,042,961.00.

WiseTech Global Price Performance

The stock has a market capitalization of $40.96 billion, a price-to-earnings ratio of 155.39, a P/E/G ratio of 2.42 and a beta of 0.96. The company has a debt-to-equity ratio of 4.72, a quick ratio of 2.84 and a current ratio of 1.02.

WiseTech Global Increases Dividend

The company also recently announced a Final dividend, which was paid on Thursday, October 9th. Stockholders of record on Thursday, October 9th were given a $0.119 dividend. This represents a dividend yield of 12.0%. This is an increase from WiseTech Global’s previous Final dividend of $0.09. The ex-dividend date of this dividend was Thursday, September 11th. WiseTech Global’s payout ratio is 22.78%.

WiseTech Global Company Profile

WiseTech Global Limited engages in the development and provision of software solutions to the logistics execution industry in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It develops, sells, and implements software solutions that enable and empower logistics service providers to facilitate the movement and storage of goods and information.