Insider Buying: Teaminvest Private Group Limited (ASX:TIP) Insider Purchases 10,600 Shares of Stock

Posted by Rob Hiaasen on Oct 23rd, 2024

Teaminvest Private Group Limited (ASX:TIP – Get Free Report) insider Regan Passlow acquired 10,600 shares of the company’s stock in a transaction on Thursday, October 17th. The stock was acquired at an average cost of A$1.40 ($0.93) per share, with a total value of A$14,840.00 ($9,893.33).

Regan Passlow also recently made the following trade(s):

On Thursday, September 5th, Regan Passlow acquired 15,270 shares of Teaminvest Private Group stock. The stock was acquired at an average cost of A$1.31 ($0.87) per share, with a total value of A$20,003.70 ($13,335.80).

Teaminvest Private Group Stock Performance

The company has a debt-to-equity ratio of 26.09, a current ratio of 1.43 and a quick ratio of 0.91.

Teaminvest Private Group Increases Dividend

The business also recently disclosed a Final dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, October 2nd were issued a dividend of $0.015 per share. This is a positive change from Teaminvest Private Group’s previous Final dividend of $0.00. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a yield of 1.15%. Teaminvest Private Group’s dividend payout ratio (DPR) is presently -60.00%.

Teaminvest Private Group Company Profile

(Get Free Report)

Teaminvest Private Group Limited is a private equity firm specializing in middle market and mature companies providing buyout and growth capital transactions. It also makes fund of fund investments in private equity funds, small and medium-sized companies. The firm invests in energy, materials, industrials, consumer discretionary, consumer staples, healthcare, financials, information technology and communication services industries.