L1 Long Short Fund Limited (ASX:LSF) Insider Raphael Lamm Buys 18,889 Shares

Posted by MarketBeat News on May 22nd, 2024

L1 Long Short Fund Limited (ASX:LSF – Get Free Report) insider Raphael Lamm bought 18,889 shares of the business’s stock in a transaction on Thursday, May 16th. The stock was bought at an average cost of A$3.04 ($2.03) per share, with a total value of A$57,479.23 ($38,319.48).

Raphael Lamm also recently made the following trade(s):

On Tuesday, May 14th, Raphael Lamm bought 9,444 shares of L1 Long Short Fund stock. The stock was bought at an average cost of A$3.03 ($2.02) per share, with a total value of A$28,615.32 ($19,076.88).
On Thursday, May 9th, Raphael Lamm bought 5,667 shares of L1 Long Short Fund stock. The stock was bought at an average cost of A$3.03 ($2.02) per share, with a total value of A$17,171.01 ($11,447.34).
On Tuesday, May 7th, Raphael Lamm acquired 17,472 shares of L1 Long Short Fund stock. The shares were acquired at an average cost of A$3.00 ($2.00) per share, with a total value of A$52,416.00 ($34,944.00).
On Tuesday, April 23rd, Raphael Lamm acquired 16,072 shares of L1 Long Short Fund stock. The shares were acquired at an average cost of A$2.95 ($1.97) per share, with a total value of A$47,428.47 ($31,618.98).
On Thursday, April 18th, Raphael Lamm acquired 35,454 shares of L1 Long Short Fund stock. The shares were acquired at an average cost of A$2.94 ($1.96) per share, with a total value of A$104,163.85 ($69,442.57).
On Tuesday, April 16th, Raphael Lamm acquired 16,545 shares of L1 Long Short Fund stock. The shares were acquired at an average cost of A$2.93 ($1.96) per share, with a total value of A$48,543.03 ($32,362.02).
On Thursday, April 11th, Raphael Lamm acquired 36,696 shares of L1 Long Short Fund stock. The shares were acquired at an average cost of A$2.93 ($1.96) per share, with a total value of A$107,629.37 ($71,752.91).
On Monday, March 4th, Raphael Lamm acquired 354,000 shares of L1 Long Short Fund stock. The shares were acquired at an average cost of A$2.82 ($1.88) per share, with a total value of A$998,634.00 ($665,756.00).

L1 Long Short Fund Stock Performance

L1 Long Short Fund Increases Dividend

The company also recently announced a Interim dividend, which was paid on Monday, April 8th. Investors of record on Monday, April 8th were issued a dividend of $0.058 per share. This represents a yield of 2.02%. This is a boost from L1 Long Short Fund’s previous Interim dividend of $0.05. The ex-dividend date of this dividend was Sunday, March 17th. L1 Long Short Fund’s dividend payout ratio (DPR) is 43.48%.

L1 Long Short Fund Company Profile

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L1 Long Short Fund Limited is a equity fund launched and managed by L1 Capital Pty Ltd. The fund investments predominantly in Australian and New Zealand securities. It employs long and short strategy to make its investments. The fund employs bottom up approach to make its investments. It is was formed in September 2014 and is domiciled in Australia.