Insider Buying: Praemium Ltd (PPS) Insider Buys 50,000 Shares of Stock

Praemium Ltd (ASX:PPS) insider Michael Ohanessian bought 50,000 shares of the company’s stock in a transaction dated Thursday, May 23rd. The shares were purchased at an average cost of A$0.39 ($0.28) per share, with a total value of A$19,500.00 ($13,829.79).

Michael Ohanessian also recently made the following trade(s):

  • On Wednesday, April 24th, Michael Ohanessian purchased 60,000 shares of Praemium stock. The stock was bought at an average price of A$0.47 ($0.33) per share, for a total transaction of A$28,200.00 ($20,000.00).

Shares of ASX PPS opened at A$0.40 ($0.28) on Monday. Praemium Ltd has a 52 week low of A$0.35 ($0.24) and a 52 week high of A$1.19 ($0.84). The firm has a market capitalization of $160.09 million and a P/E ratio of 98.75.

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About Praemium

Praemium Limited provides managed accounts technology, portfolio administration, and financial planning tools to the wealth management industry in Australia, the United Kingdom, and Asia. It offers Praemium Portfolio, a portfolio reconstruction engine with a database of historic corporate actions across various equities.

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