Richard White Sells 595,300 Shares of WiseTech Global (ASX:WTC) Stock

WiseTech Global Limited (ASX:WTC) insider Richard White sold 595,300 shares of the firm’s stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of A$84.10, for a total transaction of A$50,064,730.00.

Richard White also recently made the following trade(s):

• On Thursday, October 9th, Richard White sold 573,750 shares of WiseTech Global stock. The shares were sold at an average price of A$87.16, for a total transaction of A$50,008,050.00.
• On Thursday, October 2nd, Richard White sold 598,130 shares of WiseTech Global stock. The shares were sold at an average price of A$91.46, for a total transaction of A$54,704,969.80.
• On Thursday, September 25th, Richard White sold 709,800 shares of WiseTech Global stock. The shares were sold at an average price of A$95.82, for a total transaction of A$68,013,036.00.
• On Thursday, September 18th, Richard White sold 519,100 shares of WiseTech Global stock. The shares were sold at an average price of A$96.76, for a total transaction of A$50,228,116.00.
• On Thursday, September 11th, Richard White sold 550,700 shares of WiseTech Global stock. The shares were sold at an average price of A$94.23, for a total transaction of A$51,892,461.00.
• On Thursday, September 4th, Richard White sold 703,300 shares of WiseTech Global stock. The shares were sold at an average price of A$98.17, for a total transaction of A$69,042,961.00.

WiseTech Global Price Performance

The company has a market cap of $40.96 billion, a PE ratio of 155.39, a P/E/G ratio of 2.42 and a beta of 0.96. The company has a debt-to-equity ratio of 4.72, a quick ratio of 2.84 and a current ratio of 1.02.

WiseTech Global Increases Dividend

The firm also recently disclosed a Final dividend, which was paid on Thursday, October 9th. Shareholders of record on Thursday, October 9th were paid a $0.119 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This is a boost from WiseTech Global’s previous Final dividend of $0.09. This represents a yield of 12.0%. WiseTech Global’s payout ratio is 22.78%.

WiseTech Global Company Profile

WiseTech Global Limited engages in the development and provision of software solutions to the logistics execution industry in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It develops, sells, and implements software solutions that enable and empower logistics service providers to facilitate the movement and storage of goods and information.