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 company’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 transaction 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 transaction of A$346,440.00 ($224,961.04).
• On Thursday, September 12th, Mark Fitzgibbon sold 81,760 shares of NIB stock. The stock was sold at an average price of A$5.84 ($3.79), for a total transaction of A$477,723.68 ($310,210.18).
• On Monday, September 2nd, Mark Fitzgibbon bought 85,685 shares of NIB stock. The shares were bought at an average cost of A$6.42 ($4.17) per share, with a total value of A$550,097.70 ($357,206.30).

NIB Stock Performance

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

NIB Cuts Dividend

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

NIB Company Profile

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.