SiteMinder Limited (ASX:SDR) Insider Sells A$12,600,000.00 in Stock

SiteMinder Limited (ASX:SDRGet Rating) insider Michael Ford sold 4,000,000 shares of SiteMinder stock in a transaction dated Thursday, November 17th. The stock was sold at an average price of A$3.15 ($2.09), for a total value of A$12,600,000.00 ($8,344,370.86).

SiteMinder Stock Performance

The company has a debt-to-equity ratio of 11.82, a current ratio of 2.87 and a quick ratio of 2.79.

About SiteMinder

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SiteMinder Limited develops, markets, and sells online guest acquisition platform and commerce solutions for accommodation providers in Australia, the Asia Pacific, Europe, the Middle East, Africa, and the Americas. Its online guest acquisition platform includes Channel Manager that allows customers to sell their rooms on all connected booking sites at a same time; Online Booking Engine, an online booking engine that allows customers to take direct reservations from guests through website, social media channels, and metasearch; Hotel Website Builder, an online tool that enables customers to create websites by leveraging pre-built templates and designs; Hotel Business Intelligence, a software that delivers data analytics and insights to help customers make decisions; Little Hotelier, a property management system for reservations, check-ins and check-outs, and guest information; SiteMinder Exchange, a hotel app store; and Multi-Property.

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