WiseTech Global (ASX:WTC) Insider Sells A$54,704,969.80 in Stock

WiseTech Global Limited (ASX:WTC) insider Richard White sold 598,130 shares of the business’s stock in a transaction on Thursday, October 2nd. The stock was sold at an average price of A$91.46, for a total value of A$54,704,969.80.

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

• 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 value 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 value 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 value 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 value of A$69,042,961.00.

WiseTech Global Stock Performance

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

WiseTech Global Increases Dividend

The business also recently announced a Final dividend, which will be paid on Thursday, October 9th. Stockholders of record on Thursday, October 9th will be given a dividend of $0.119 per share. This represents a dividend yield of 12.0%. This is a boost from WiseTech Global’s previous Final dividend of $0.09. The ex-dividend date of this dividend is Thursday, September 11th. WiseTech Global’s payout ratio is presently 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.