Apax Global Alpha (LON:APAX) Insider Alexander Denny Acquires 16,737 Shares

Apax Global Alpha (LON:APAX) insider Alexander Denny bought 16,737 shares of the company’s stock in a transaction that occurred on Thursday, October 17th. The shares were bought at an average price of GBX 140 ($1.83) per share, with a total value of £23,431.80 ($30,597.81).

Apax Global Alpha Stock Performance

LON:APAX opened at GBX 145 ($1.89) on Friday. Apax Global Alpha has a fifty-two week low of GBX 132.93 ($1.74) and a fifty-two week high of GBX 170.60 ($2.23). The firm has a market cap of £712.10 million, a PE ratio of 1,611.11 and a beta of 0.74. The business has a 50 day moving average price of GBX 142.58 and a 200-day moving average price of GBX 148.31.

Apax Global Alpha Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, October 3rd. Shareholders of record on Thursday, September 12th were issued a GBX 5.50 ($0.07) dividend. This represents a yield of 3.82%. The ex-dividend date of this dividend was Thursday, September 12th. Apax Global Alpha’s dividend payout ratio (DPR) is presently 12,222.22%.

About Apax Global Alpha

Apax Global Alpha Limited specializes in fund of funds investments. It seeks to invest in public, private debt, and equity investments. Under fund of funds, the fund seeks to invest in private equity funds managed by Apax Partners. It also makes derived investments which are investments in equities and debt derived from the insights gained via Apax' Private Equity activities.