Bravura Solutions (ASX:BVS) Insider Shezad Okhai Sells 500,000 Shares

Bravura Solutions Limited (ASX:BVS) insider Shezad Okhai sold 500,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of A$2.18, for a total transaction of A$1,089,500.00.

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

• 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 transaction of A$541,764.59.

Bravura Solutions Stock Performance

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

Bravura Solutions Announces Dividend

The company also recently announced a Interim dividend, which will be paid on Wednesday, March 11th. Investors of record on Wednesday, March 11th will be issued a $0.102 dividend. The ex-dividend date is Monday, February 16th. This represents a yield of 465.0%. Bravura Solutions’s dividend payout ratio (DPR) is presently 800.00%.

About Bravura Solutions

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.