Apax Global Alpha (LON:APAX) Insider Buys £23,431.80 in Stock

Apax Global Alpha (LON:APAX) insider Alexander Denny bought 16,737 shares of the stock in a transaction that occurred on Thursday, October 17th. The stock was 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

Apax Global Alpha stock opened at GBX 145 ($1.89) on Monday. Apax Global Alpha has a 1 year low of GBX 132.93 ($1.74) and a 1 year high of GBX 170.60 ($2.23). The firm has a 50 day moving average price of GBX 142.58 and a 200 day moving average price of GBX 148.31. The company has a market cap of £712.10 million, a price-to-earnings ratio of 1,611.11 and a beta of 0.74.

Apax Global Alpha Cuts Dividend

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

Apax Global Alpha Company Profile

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.