Andrew Bassat Buys 175,000 Shares of SEEK (ASX:SEK) Stock

SEEK Limited (ASX:SEK) insider Andrew Bassat bought 175,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 18th. The stock was purchased at an average price of A$16.11 per share, with a total value of A$2,819,250.00.

SEEK Stock Performance

The firm has a market capitalization of $8.53 billion, a PE ratio of 241.56, a price-to-earnings-growth ratio of 2.96 and a beta of 1.24. The company has a current ratio of 0.86, a quick ratio of 0.78 and a debt-to-equity ratio of 54.57.

SEEK Dividend Announcement

The firm also recently declared a Interim dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 31st will be paid a $0.27 dividend. This represents a dividend yield of 168.0%. The ex-dividend date is Monday, March 16th. SEEK’s payout ratio is currently -188.24%.

SEEK Company Profile

SEEK Limited, together with its subsidiaries, engages in the provision of online employment marketplace services in Australia, South East Asia, Brazil, New Zealand, Mexico, the United Kingdom, Europe, and internationally. It operates through ANZ, SEEK Asia, Brazil Online, OCC, Platform support, Portfolio investments, and SEEK Growth Fund segments. The company offers Jora, an online employment marketplace; JobAdder, a talent acquisition suite that simplifies the hiring process for recruiter and corporate talent acquisition teams; and Certsy, a platform to securely verify and share work credentials, and to complete compliance checks.