Octopus Apollo VCT (LON:OAP3) Insider Purchases £1,230.39 in Stock

Posted by Thomas Dobrow on May 5th, 2024

Octopus Apollo VCT (LON:OAP3 – Get Free Report) insider Murray Steele bought 2,511 shares of the firm’s stock in a transaction that occurred on Thursday, May 2nd. The stock was bought at an average cost of GBX 49 ($0.62) per share, for a total transaction of £1,230.39 ($1,545.52).

Octopus Apollo VCT Stock Up 3.2 %

Shares of OAP3 opened at GBX 48.60 ($0.61) on Friday. The business has a 50-day simple moving average of GBX 48.06 and a two-hundred day simple moving average of GBX 49.03. Octopus Apollo VCT has a 52 week low of GBX 45.25 ($0.57) and a 52 week high of GBX 52 ($0.65). The stock has a market cap of £407.54 million, a price-to-earnings ratio of 1,215.00 and a beta of -0.09.

Octopus Apollo VCT Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, May 2nd. Investors of record on Thursday, April 11th were issued a GBX 1.30 ($0.02) dividend. This represents a yield of 2.68%. The ex-dividend date was Thursday, April 11th. Octopus Apollo VCT’s dividend payout ratio is 7,500.00%.

Octopus Apollo VCT Company Profile

(Get Free Report)

Octopus Apollo VCT plc is a venture capital trust specializing in development and expansion investments in smaller unquoted companies. The fund invests in small and medium sized companies in the United Kingdom. It typically invests in companies with debt investment values between £1 million ($1.64 million) and £2 million ($3.29 million).