Tim J. Breedon Buys 8,000 Shares of Apax Global Alpha (LON:APAX) Stock

Apax Global Alpha (LON:APAX) insider Tim J. Breedon acquired 8,000 shares of the firm’s stock in a transaction dated Thursday, April 4th. The shares were purchased at an average cost of GBX 146 ($1.83) per share, for a total transaction of £11,680 ($14,662.31).

Apax Global Alpha Price Performance

Shares of APAX stock opened at GBX 145 ($1.82) on Friday. The stock’s fifty day simple moving average is GBX 151.04 and its 200 day simple moving average is GBX 156.21. The firm has a market cap of £712.10 million, a price-to-earnings ratio of -2,900.00 and a beta of 0.77. Apax Global Alpha has a one year low of GBX 136.81 ($1.72) and a one year high of GBX 189 ($2.37).

Apax Global Alpha Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 4th. Shareholders of record on Thursday, March 14th were paid a GBX 5.64 ($0.07) dividend. This represents a yield of 3.66%. The ex-dividend date of this dividend was Thursday, March 14th. Apax Global Alpha’s dividend payout ratio is currently -24,000.00%.

Apax Global Alpha Company Profile

Apax Global Alpha Limited specializes in fund of funds investments. It seeks to invest in public, private debt, and equity investments. Under fund of funds, the fund seeks to invest in private equity funds managed by Apax Partners. It also makes derived investments which are investments in equities and debt derived from the insights gained via Apax' Private Equity activities.