Raphael Lamm Buys 23,478 Shares of L1 Long Short Fund Limited (ASX:LSF) Stock

Posted by Bonnie Powley on Mar 29th, 2025

L1 Long Short Fund Limited (ASX:LSF – Get Free Report) insider Raphael Lamm purchased 23,478 shares of the company’s stock in a transaction that occurred on Tuesday, March 25th. The shares were purchased at an average cost of A$2.76 ($1.74) per share, with a total value of A$64,893.19 ($40,813.33).

Raphael Lamm also recently made the following trade(s):

On Monday, March 10th, Raphael Lamm bought 47,749 shares of L1 Long Short Fund stock. The shares were acquired at an average price of A$2.68 ($1.68) per share, with a total value of A$127,728.58 ($80,332.44).
On Thursday, January 30th, Raphael Lamm sold 61,891 shares of L1 Long Short Fund stock. The stock was sold at an average price of A$2.87 ($1.81), for a total value of A$177,689.06 ($111,754.13).

L1 Long Short Fund Price Performance

The firm has a market cap of $1.75 billion, a PE ratio of 10.21 and a beta of 1.09.

L1 Long Short Fund Increases Dividend

The business also recently announced a Interim dividend, which will be paid on Sunday, April 6th. Stockholders of record on Sunday, April 6th will be paid a dividend of $0.063 per share. This is a positive change from L1 Long Short Fund’s previous Interim dividend of $0.06. This represents a dividend yield of 2.32%. The ex-dividend date of this dividend is Sunday, March 16th. L1 Long Short Fund’s payout ratio is currently 44.44%.

About L1 Long Short Fund

(Get Free Report)

L1 Long Short Fund Limited is a equity fund launched and managed by L1 Capital Pty Ltd. The fund investments predominantly in Australian and New Zealand securities. It employs long and short strategy to make its investments. The fund employs bottom up approach to make its investments. It is was formed in September 2014 and is domiciled in Australia.