SEEK (ASX:SEK) Insider Michael Wachtel Buys 10,000 Shares of Stock

SEEK Limited (ASX:SEK) insider Michael Wachtel purchased 10,000 shares of SEEK stock in a transaction dated Wednesday, February 18th. The stock was bought at an average cost of A$16.45 per share, with a total value of A$164,500.00.

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 debt-to-equity ratio of 54.57, a current ratio of 0.86 and a quick ratio of 0.78.

SEEK Announces Dividend

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

About SEEK

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.