Insider Buying: Fintel Plc (LON:FNTL) Insider Acquires 100,000 Shares of Stock

Fintel Plc (LON:FNTL) insider Kenneth Ernest Davy purchased 100,000 shares of the firm’s stock in a transaction on Wednesday, April 2nd. The shares were purchased at an average cost of GBX 227 ($2.93) per share, for a total transaction of £227,000 ($292,827.66).

Fintel Price Performance

FNTL stock opened at GBX 218 ($2.81) on Friday. The stock has a market capitalization of £228.87 million, a price-to-earnings ratio of 39.09 and a beta of 1.17. The stock’s fifty day simple moving average is GBX 262.15 and its 200-day simple moving average is GBX 270.27. Fintel Plc has a 52-week low of GBX 216 ($2.79) and a 52-week high of GBX 329 ($4.24). The company has a quick ratio of 0.85, a current ratio of 0.75 and a debt-to-equity ratio of 17.73.

Fintel (LON:FNTL) last posted its quarterly earnings results on Tuesday, March 18th. The company reported GBX 13.20 ($0.17) EPS for the quarter. Fintel had a return on equity of 5.86% and a net margin of 8.56%. Equities research analysts expect that Fintel Plc will post 13.91258 EPS for the current year.

Fintel Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Thursday, May 22nd will be paid a GBX 2.45 ($0.03) dividend. This is a positive change from Fintel’s previous dividend of $1.20. This represents a dividend yield of 0.99%. The ex-dividend date of this dividend is Thursday, May 22nd. Fintel’s payout ratio is currently 71.73%.

About Fintel

Fintel is a UK fintech and support services business, combining the award-winning intermediary business support services, and the leading research, ratings and fintech businesses.

Fintel provides technology, compliance and regulatory support to thousands of intermediary businesses, data and targeted distribution services to hundreds of product providers and empowers millions of consumers to make better informed financial decisions.