Insider Buying: SEEK Limited (ASX:SEK) Insider Buys 70,463 Shares of Stock

SEEK Limited (ASX:SEK) insider Ian Narev bought 70,463 shares of the company’s stock in a transaction dated Thursday, February 20th. The shares were acquired at an average price of A$25.62 ($15.91) per share, for a total transaction of A$1,805,262.06 ($1,121,280.78).

Ian Narev also recently made the following trade(s):

• On Monday, February 24th, Ian Narev sold 294 shares of SEEK stock. The shares were sold at an average price of A$25.37 ($15.76), for a total value of A$7,457.90 ($4,632.23).

SEEK Stock Performance

The company has a quick ratio of 0.78, a current ratio of 0.86 and a debt-to-equity ratio of 54.57. The stock has a market cap of $8.53 billion, a P/E ratio of 241.56, a PEG ratio of 2.96 and a beta of 1.24.

SEEK Increases Dividend

The firm also recently announced a Interim dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, April 1st will be given a dividend of $0.24 per share. The ex-dividend date is Monday, March 17th. This is a boost from SEEK’s previous Interim dividend of $0.19. This represents a dividend yield of 0.92%. SEEK’s dividend payout ratio (DPR) is -188.24%.

About SEEK

SEEK Limited, together with its subsidiaries, engages in the provision of online employment marketplace services in Australia, South East Asia, Brazil, New Zealand, Mexico, the United Kingdom, Europe, and internationally. It operates through ANZ, SEEK Asia, Brazil Online, OCC, Platform support, Portfolio investments, and SEEK Growth Fund segments.