WiseTech Global (ASX:WTC) Insider Richard White Sells 598,130 Shares

WiseTech Global Limited (ASX:WTC) insider Richard White sold 598,130 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of A$91.46, for a total transaction of A$54,704,969.80.

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

• 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 value of A$68,013,036.00.
• On Thursday, September 18th, Richard White sold 519,100 shares of WiseTech Global stock. The stock was 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 stock was sold at an average price of A$98.17, for a total transaction of A$69,042,961.00.

WiseTech Global Price Performance

The stock has a market capitalization of $40.96 billion, a price-to-earnings ratio of 155.39, a PEG ratio of 2.42 and a beta of 0.96. The company has a debt-to-equity ratio of 4.72, a current ratio of 1.02 and a quick ratio of 2.84.

WiseTech Global Increases Dividend

The company also recently announced a Final dividend, which will be paid on Thursday, October 9th. Investors of record on Thursday, October 9th will be paid a $0.119 dividend. This represents a yield of 12.0%. The ex-dividend date is Thursday, September 11th. This is a boost from WiseTech Global’s previous Final dividend of $0.09. WiseTech Global’s dividend payout ratio (DPR) is 22.78%.

About WiseTech Global

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.