Insider Selling: Fintel Plc (LON:FNTL) Insider Sells 3,116,167 Shares of Stock

Fintel Plc (LON:FNTLGet Free Report) insider Kenneth Ernest Davy sold 3,116,167 shares of the firm’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of GBX 300 ($3.77), for a total value of £9,348,501 ($11,744,347.99).

Fintel Price Performance

Shares of LON FNTL traded down GBX 5 ($0.06) on Monday, hitting GBX 304 ($3.82). The company’s stock had a trading volume of 1,877,090 shares, compared to its average volume of 193,986. The company has a debt-to-equity ratio of 12.25, a current ratio of 1.08 and a quick ratio of 0.85. The stock has a 50 day moving average of GBX 280.44 and a 200-day moving average of GBX 253.78. Fintel Plc has a 12-month low of GBX 183.64 ($2.31) and a 12-month high of GBX 313 ($3.93). The company has a market capitalization of £315.76 million, a price-to-earnings ratio of 4,414.29 and a beta of 1.05.

Fintel Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, June 19th. Shareholders of record on Thursday, May 23rd will be issued a dividend of GBX 2.35 ($0.03) per share. This represents a yield of 0.83%. The ex-dividend date is Thursday, May 23rd. This is a boost from Fintel’s previous dividend of $1.10. Fintel’s dividend payout ratio is 4,285.71%.

Fintel Company Profile

(Get Free Report)

Fintel Plc engages in the provision of intermediary services and distribution channels to the retail financial services sector in the United Kingdom. It operates through three segments: Intermediary Services, Distribution Channels, and Fintech and Research. The Intermediary Services segment provides compliance and regulation services to individual financial intermediary member firms, including directly authorized IFAs, mortgage advisers, and wealth managers, as well as workplace consultants.

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