Mark Fitzgibbon Sells 35,000 Shares of nib holdings limited (ASX:NHF) Stock

nib holdings limited (ASX:NHF) insider Mark Fitzgibbon sold 35,000 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of A$5.75 ($3.73), for a total transaction of A$201,215.00 ($130,659.09).

Mark Fitzgibbon also recently made the following trade(s):

• On Friday, November 15th, Mark Fitzgibbon sold 35,000 shares of NIB stock. The stock was sold at an average price of A$5.80 ($3.77), for a total transaction of A$203,000.00 ($131,818.18).
• On Tuesday, September 10th, Mark Fitzgibbon sold 60,000 shares of NIB stock. The shares were sold at an average price of A$5.77 ($3.75), for a total transaction of A$346,440.00 ($224,961.04).
• On Thursday, September 12th, Mark Fitzgibbon sold 81,760 shares of NIB stock. The stock was sold at an average price of A$5.84 ($3.79), for a total transaction of A$477,723.68 ($310,210.18).
• On Monday, September 2nd, Mark Fitzgibbon purchased 85,685 shares of NIB stock. The shares were bought at an average cost of A$6.42 ($4.17) per share, for a total transaction of A$550,097.70 ($357,206.30).

NIB Price Performance

The company has a debt-to-equity ratio of 29.39, a quick ratio of 1.61 and a current ratio of 2.26.

NIB Cuts Dividend

The business also recently disclosed a Final dividend, which was paid on Monday, October 7th. Stockholders of record on Monday, October 7th were issued a dividend of $0.14 per share. The ex-dividend date was Wednesday, September 4th. This represents a dividend yield of 2.24%. NIB’s payout ratio is currently 73.68%.

NIB Company Profile

nib holdings limited, together with its subsidiaries, underwrites and distributes private health insurance to residents, international students, and visitors in Australia and New Zealand. The company operates in five segments: Australian Residents Health Insurance, New Zealand Insurance, International (Inbound) Health Insurance, nib Travel, and nib Thrive segments.