Shezad Okhai Sells 500,000 Shares of Bravura Solutions (ASX:BVS) Stock

Bravura Solutions Limited (ASX:BVS) insider Shezad Okhai sold 500,000 shares of Bravura Solutions stock in a transaction on Thursday, February 12th. The shares were sold at an average price of A$2.18, for a total value of A$1,089,500.00.

Shezad Okhai also recently made the following trade(s):

• On Wednesday, February 11th, Shezad Okhai sold 232,218 shares of Bravura Solutions stock. The stock was sold at an average price of A$2.33, for a total value of A$541,764.59.

Bravura Solutions Stock Performance

The company has a quick ratio of 1.45, a current ratio of 1.97 and a debt-to-equity ratio of 13.02. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 142.01 and a beta of 0.56.

Bravura Solutions Dividend Announcement

The company also recently disclosed a Interim dividend, which will be paid on Wednesday, March 11th. Stockholders of record on Wednesday, March 11th will be given a $0.102 dividend. The ex-dividend date of this dividend is Monday, February 16th. This represents a dividend yield of 465.0%. Bravura Solutions’s payout ratio is presently 800.00%.

About Bravura Solutions

Bravura Solutions Limited engages in the development, licensing, and maintenance of administration and management software applications for the wealth management and funds administration sectors in Australia, New Zealand, the United Kingdom, and internationally. The company operates through two segments: Wealth Management and Funds Administration. It offers Sonata, a wealth management solution for the administration of a range of wealth management products; Sonata Alta, a digital operating model, which provides clients control over their customer's data, operations, and end customer experiences; Bravura Digital; Orchestrator that manages complex administrative processes; Garradin, a private wealth and portfolio administration solution for the administration of retail and wholesale wealth management, trusts and estates, SMSFs, managed accounts, fund accounting, and tax; and ePASS, an online portal that provides online services for superannuation members and employers.