Bravura Solutions (ASX:BVS) Insider Shezad Okhai Sells 305,609 Shares of Stock

Bravura Solutions Limited (ASX:BVS) insider Shezad Okhai sold 305,609 shares of the firm’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of A$2.02, for a total value of A$616,107.74.

Shezad Okhai also recently made the following trade(s):

• On Monday, February 16th, Shezad Okhai sold 612,173 shares of Bravura Solutions stock. The shares were sold at an average price of A$2.18, for a total value of A$1,335,761.49.
• On Tuesday, February 17th, Shezad Okhai sold 200,000 shares of Bravura Solutions stock. The stock was sold at an average price of A$2.05, for a total value of A$409,800.00.
• On Thursday, February 19th, Shezad Okhai sold 4,937 shares of Bravura Solutions stock. The stock was sold at an average price of A$1.99, for a total value of A$9,824.63.
• On Friday, February 20th, Shezad Okhai sold 199,563 shares of Bravura Solutions stock. The shares were sold at an average price of A$1.95, for a total value of A$389,746.54.
• On Wednesday, February 11th, Shezad Okhai sold 232,218 shares of Bravura Solutions stock. The stock was sold at an average price of A$2.33, for a total value of A$541,764.59.
• On Thursday, February 12th, Shezad Okhai sold 500,000 shares of Bravura Solutions stock. The shares were sold at an average price of A$2.18, for a total transaction of A$1,089,500.00.

Bravura Solutions Stock Performance

The company has a current ratio of 1.97, a quick ratio of 1.45 and a debt-to-equity ratio of 13.02. The stock has a market cap of $1.25 billion, a PE ratio of 142.01 and a beta of 0.56.

Bravura Solutions Announces Dividend

The business also recently declared a Interim dividend, which will be paid on Wednesday, March 11th. Investors of record on Wednesday, March 11th will be given a dividend of $0.102 per share. The ex-dividend date is Monday, February 16th. This represents a dividend yield of 465.0%. Bravura Solutions’s payout ratio is currently 800.00%.

Bravura Solutions Company Profile

Bravura Solutions Limited engages in the development, licensing, and maintenance of administration and management software applications for the wealth management and funds administration sectors in Australia, New Zealand, the United Kingdom, and internationally. The company operates through two segments: Wealth Management and Funds Administration. It offers Sonata, a wealth management solution for the administration of a range of wealth management products; Sonata Alta, a digital operating model, which provides clients control over their customer's data, operations, and end customer experiences; Bravura Digital; Orchestrator that manages complex administrative processes; Garradin, a private wealth and portfolio administration solution for the administration of retail and wholesale wealth management, trusts and estates, SMSFs, managed accounts, fund accounting, and tax; and ePASS, an online portal that provides online services for superannuation members and employers.