Insider Selling: nib holdings limited (ASX:NHF) Insider Sells 35,000 Shares of Stock

nib holdings limited (ASX:NHF) insider Mark Fitzgibbon sold 35,000 shares of NIB stock in a transaction on Friday, November 15th. The shares were sold at an average price of A$5.80 ($3.77), for a total value of A$203,000.00 ($131,818.18).

Mark Fitzgibbon also recently made the following trade(s):

• On Monday, November 18th, Mark Fitzgibbon sold 35,000 shares of NIB stock. The stock was sold at an average price of A$5.75 ($3.73), for a total value of A$201,215.00 ($130,659.09).
• On Tuesday, September 10th, Mark Fitzgibbon sold 60,000 shares of NIB stock. The shares were sold at an average price of A$5.77 ($3.75), for a total value of A$346,440.00 ($224,961.04).
• On Thursday, September 12th, Mark Fitzgibbon sold 81,760 shares of NIB stock. The shares were sold at an average price of A$5.84 ($3.79), for a total value of A$477,723.68 ($310,210.18).
• On Monday, September 2nd, Mark Fitzgibbon bought 85,685 shares of NIB stock. The stock was acquired at an average price of A$6.42 ($4.17) per share, with a total value of A$550,097.70 ($357,206.30).

NIB Stock Performance

The company has a debt-to-equity ratio of 29.39, a quick ratio of 1.61 and a current ratio of 2.26.

NIB Cuts Dividend

The business also recently announced a Final dividend, which was paid on Monday, October 7th. Shareholders of record on Monday, October 7th were paid a $0.14 dividend. This represents a yield of 2.24%. The ex-dividend date of this dividend was Wednesday, September 4th. NIB’s payout ratio is 73.68%.

NIB Company Profile

nib holdings limited, together with its subsidiaries, underwrites and distributes private health insurance to residents, international students, and visitors in Australia and New Zealand. The company operates in five segments: Australian Residents Health Insurance, New Zealand Insurance, International (Inbound) Health Insurance, nib Travel, and nib Thrive segments.