WiseTech Global Limited (ASX:WTC) Insider Sells A$46,057,160.84 in Stock

WiseTech Global Limited (ASX:WTC) insider Richard White sold 364,261 shares of the business’s stock in a transaction that occurred on Thursday, September 12th. The stock was sold at an average price of A$126.44 ($85.43), for a total value of A$46,057,160.84 ($31,119,703.27).

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

• On Thursday, September 5th, Richard White sold 379,436 shares of WiseTech Global stock. The shares were sold at an average price of A$121.37 ($82.01), for a total transaction of A$46,052,147.32 ($31,116,315.76).
• On Thursday, August 29th, Richard White sold 387,099 shares of WiseTech Global stock. The shares were sold at an average price of A$118.76 ($80.24), for a total transaction of A$45,971,877.24 ($31,062,079.22).
• On Friday, June 28th, Richard White sold 439,345 shares of WiseTech Global stock. The stock was sold at an average price of A$95.19 ($64.32), for a total transaction of A$41,821,250.55 ($28,257,601.72).
• On Thursday, June 20th, Richard White sold 373,940 shares of WiseTech Global stock. The shares were sold at an average price of A$93.22 ($62.99), for a total transaction of A$34,858,686.80 ($23,553,166.76).

WiseTech Global Price Performance

The company has a current ratio of 1.02, a quick ratio of 2.84 and a debt-to-equity ratio of 4.72.

WiseTech Global Increases Dividend

The firm also recently announced a Final dividend, which will be paid on Thursday, October 3rd. Investors of record on Thursday, October 3rd will be issued a dividend of $0.092 per share. The ex-dividend date is Thursday, September 5th. This is a positive change from WiseTech Global’s previous Final dividend of $0.08. This represents a dividend yield of 0.07%. WiseTech Global’s payout ratio is presently 22.78%.

About WiseTech Global

WiseTech Global Limited provides software solutions to the logistics execution industry in the Americas, Asia Pacific, Europe, Middle East and Africa, and internationally. The company offers CargoWise, a software platform for logistics service providers that enables execution of complex logistics transactions and manage operations.