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 the business’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of A$5.75 ($3.73), for a total value of A$201,215.00 ($130,659.09).

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

• On Friday, November 15th, Mark Fitzgibbon sold 35,000 shares of NIB stock. The stock was sold at an average price of A$5.80 ($3.77), for a total value of A$203,000.00 ($131,818.18).
• 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 acquired 85,685 shares of NIB stock. The shares were acquired at an average price of A$6.42 ($4.17) per share, for a total transaction of A$550,097.70 ($357,206.30).

NIB Price Performance

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

NIB Cuts Dividend

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

About NIB

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.