Insider Buying: Alpha Group International plc (LON:ALPH) Insider Acquires 25,000 Shares of Stock

Alpha Group International plc (LON:ALPH) insider Clive Ian Kahn acquired 25,000 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The stock was bought at an average price of GBX 2,207 ($29.52) per share, for a total transaction of £551,750 ($738,028.36).

Clive Ian Kahn also recently made the following trade(s):

• On Thursday, September 12th, Clive Ian Kahn acquired 25,000 shares of Alpha Group International stock. The stock was bought at an average price of GBX 2,117 ($28.32) per share, for a total transaction of £529,250 ($707,932.05).
• On Tuesday, September 10th, Clive Ian Kahn acquired 50,000 shares of Alpha Group International stock. The stock was bought at an average price of GBX 2,077 ($27.78) per share, for a total transaction of £1,038,500 ($1,389,111.82).

Alpha Group International Stock Performance

Shares of ALPH stock opened at GBX 2,190 ($29.29) on Friday. The firm’s 50 day moving average price is GBX 2,380.92 and its 200-day moving average price is GBX 2,268.32. Alpha Group International plc has a one year low of GBX 1,460 ($19.53) and a one year high of GBX 2,630 ($35.18). The firm has a market cap of £925.71 million, a P/E ratio of 1,013.89 and a beta of 1.71.

Alpha Group International Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, October 11th. Stockholders of record on Thursday, September 12th will be issued a GBX 4.20 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, September 12th. This represents a dividend yield of 0.17%. Alpha Group International’s dividend payout ratio is currently 787.04%.

Alpha Group International Company Profile

Alpha Group International plc provides foreign exchange risk management and alternative banking solutions in the United Kingdom and internationally. The company offers forward currency contracts, option contracts, foreign exchange spot transactions, and payments collections and currency accounts services.