Insider Buying: Schaffer Co. Limited (ASX:SFC) Insider Acquires A$33,600.00 in Stock

Schaffer Co. Limited (ASX:SFC) insider David Schwartz purchased 1,600 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The shares were acquired at an average price of A$21.00 ($13.82) per share, with a total value of A$33,600.00 ($22,105.26).

David Schwartz also recently made the following trade(s):

• On Thursday, September 5th, David Schwartz bought 382 shares of Schaffer stock. The stock was purchased at an average cost of A$21.50 ($14.14) per share, for a total transaction of A$8,213.00 ($5,403.29).
• On Tuesday, September 10th, David Schwartz purchased 4,873 shares of Schaffer stock. The stock was acquired at an average price of A$21.50 ($14.14) per share, for a total transaction of A$104,769.50 ($68,927.30).
• On Friday, August 23rd, David Schwartz acquired 1,782 shares of Schaffer stock. The stock was bought at an average price of A$21.96 ($14.45) per share, with a total value of A$39,129.16 ($25,742.87).
• On Monday, August 26th, David Schwartz purchased 5,000 shares of Schaffer stock. The stock was purchased at an average price of A$21.96 ($14.45) per share, for a total transaction of A$109,790.00 ($72,230.26).

Schaffer Price Performance

The company has a quick ratio of 1.22, a current ratio of 2.08 and a debt-to-equity ratio of 35.77.

About Schaffer

Schaffer Corporation Limited, a diversified industrial and investment company, engages in the manufacture and sale of automotive leather and building materials primarily in Australia, Asia, and Europe. It operates through Automotive Leather, Building Materials, and Group Investments segments. The Automotive Leather segment offers interior leather products to the automotive industry.