nib holdings limited (ASX:NHF) Insider Sells A$203,000.00 in Stock

nib holdings limited (ASX:NHF) insider Mark Fitzgibbon sold 35,000 shares of the company’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of A$5.80 ($3.77), for a total transaction 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 shares were sold at an average price of A$5.75 ($3.73), for a total transaction of A$201,215.00 ($130,659.09).
• On Tuesday, September 10th, Mark Fitzgibbon sold 60,000 shares of NIB stock. The stock was sold at an average price of A$5.77 ($3.75), for a total transaction of A$346,440.00 ($224,961.04).
• On Thursday, September 12th, Mark Fitzgibbon sold 81,760 shares of NIB stock. The stock was 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 shares were purchased at an average cost 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 quick ratio of 1.61, a current ratio of 2.26 and a debt-to-equity ratio of 29.39.

NIB Cuts Dividend

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