WiseTech Global (ASX:WTC) Insider Richard White Sells 598,130 Shares

WiseTech Global Limited (ASX:WTC) insider Richard White sold 598,130 shares of the business’s stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of A$91.46, for a total transaction of A$54,704,969.80.

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

• On Thursday, September 25th, Richard White sold 709,800 shares of WiseTech Global stock. The stock was sold at an average price of A$95.82, for a total transaction of A$68,013,036.00.
• On Thursday, September 18th, Richard White sold 519,100 shares of WiseTech Global stock. The shares were sold at an average price of A$96.76, for a total transaction of A$50,228,116.00.
• On Thursday, September 11th, Richard White sold 550,700 shares of WiseTech Global stock. The stock was sold at an average price of A$94.23, for a total transaction of A$51,892,461.00.
• On Thursday, September 4th, Richard White sold 703,300 shares of WiseTech Global stock. The shares were sold at an average price of A$98.17, for a total value of A$69,042,961.00.

WiseTech Global Price Performance

The stock has a market capitalization of $40.96 billion, a price-to-earnings ratio of 155.39, a price-to-earnings-growth ratio of 2.42 and a beta of 0.96. The company has a debt-to-equity ratio of 4.72, a current ratio of 1.02 and a quick ratio of 2.84.

WiseTech Global Increases Dividend

The firm also recently declared a Final dividend, which will be paid on Thursday, October 9th. Shareholders of record on Thursday, October 9th will be issued a $0.119 dividend. This represents a yield of 12.0%. The ex-dividend date of this dividend is Thursday, September 11th. This is a positive change from WiseTech Global’s previous Final dividend of $0.09. WiseTech Global’s dividend payout ratio is currently 22.78%.

About WiseTech Global

WiseTech Global Limited engages in the development and provision of software solutions to the logistics execution industry in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. It develops, sells, and implements software solutions that enable and empower logistics service providers to facilitate the movement and storage of goods and information.