Insider Buying: Pengana Capital Group Ltd (ASX:PCG) Insider Acquires 17,000 Shares of Stock

Posted by Adam Dyson on May 9th, 2024

Pengana Capital Group Ltd (ASX:PCG – Get Free Report) insider David Groves purchased 17,000 shares of Pengana Capital Group stock in a transaction dated Thursday, May 2nd. The shares were purchased at an average cost of A$0.84 ($0.56) per share, for a total transaction of A$14,280.00 ($9,456.95).

David Groves also recently made the following trade(s):

On Friday, March 15th, David Groves bought 10,373 shares of Pengana Capital Group stock. The shares were acquired at an average price of A$0.91 ($0.60) per share, for a total transaction of A$9,439.43 ($6,251.28).
On Monday, March 18th, David Groves purchased 30,359 shares of Pengana Capital Group stock. The shares were acquired at an average cost of A$0.90 ($0.59) per share, for a total transaction of A$27,232.02 ($18,034.45).
On Wednesday, March 20th, David Groves acquired 3,110 shares of Pengana Capital Group stock. The stock was acquired at an average price of A$0.89 ($0.59) per share, with a total value of A$2,767.90 ($1,833.05).
On Friday, March 22nd, David Groves bought 707 shares of Pengana Capital Group stock. The shares were acquired at an average cost of A$0.89 ($0.59) per share, with a total value of A$629.23 ($416.71).
On Friday, March 8th, David Groves purchased 29,627 shares of Pengana Capital Group stock. The stock was bought at an average price of A$0.91 ($0.60) per share, with a total value of A$27,049.45 ($17,913.54).

Pengana Capital Group Stock Performance

The company has a debt-to-equity ratio of 4.28, a quick ratio of 2.21 and a current ratio of 2.54.

Pengana Capital Group Cuts Dividend

The company also recently announced a Interim dividend, which was paid on Tuesday, March 19th. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.01 per share. This represents a yield of 1%. The ex-dividend date was Monday, March 4th. Pengana Capital Group’s dividend payout ratio (DPR) is presently -100.00%.