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

Bravura Solutions Limited (ASX:BVS) insider Damien Leonard bought 433,888 shares of the firm’s stock in a transaction on Friday, March 21st. The stock was purchased at an average price of A$2.30 ($1.45) per share, with a total value of A$997,074.62 ($627,090.96).

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

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

Bravura Solutions Price 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 declared 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. This is a boost from Bravura Solutions’s previous Interim dividend of $0.03. The ex-dividend date is Thursday, March 27th. This represents a dividend yield of 3.78%. Bravura Solutions’s dividend payout ratio is presently 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.