Insider Buying: Alpha Group International plc (LON:ALPH) Insider Purchases 25,000 Shares of Stock

Alpha Group International plc (LON:ALPH) insider Clive Ian Kahn bought 25,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The shares were bought at an average price of GBX 2,207 ($29.52) per share, for a total transaction of £551,750 ($738,028.36).

Clive Ian Kahn also recently made the following trade(s):

• On Thursday, September 12th, Clive Ian Kahn purchased 25,000 shares of Alpha Group International stock. The stock was bought at an average cost of GBX 2,117 ($28.32) per share, with a total value of £529,250 ($707,932.05).
• On Tuesday, September 10th, Clive Ian Kahn acquired 50,000 shares of Alpha Group International stock. The shares were bought at an average price of GBX 2,077 ($27.78) per share, for a total transaction of £1,038,500 ($1,389,111.82).

Alpha Group International Price Performance

Shares of ALPH opened at GBX 2,162.10 ($28.92) on Wednesday. Alpha Group International plc has a one year low of GBX 1,460 ($19.53) and a one year high of GBX 2,630 ($35.18). The company has a market cap of £914.57 million, a PE ratio of 1,013.89 and a beta of 1.71. The stock has a 50-day moving average of GBX 2,393.72 and a 200-day moving average of GBX 2,261.37.

Alpha Group International Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, October 11th. Shareholders of record on Thursday, September 12th will be paid a GBX 4.20 ($0.06) dividend. The ex-dividend date is Thursday, September 12th. This represents a yield of 0.17%. Alpha Group International’s dividend payout ratio (DPR) is presently 787.04%.

Alpha Group International Company Profile

Alpha Group International plc provides foreign exchange risk management and alternative banking solutions in the United Kingdom and internationally. The company offers forward currency contracts, option contracts, foreign exchange spot transactions, and payments collections and currency accounts services.