L1 Long Short Fund Limited (ASX:LSF) Insider Raphael Lamm Buys 16,545 Shares of Stock

Posted by Shane Hupp on Apr 18th, 2024

L1 Long Short Fund Limited (ASX:LSF – Get Free Report) insider Raphael Lamm bought 16,545 shares of the firm’s stock in a transaction that occurred on Tuesday, April 16th. The stock was bought at an average cost of A$2.93 ($1.89) per share, for a total transaction of A$48,543.03 ($31,318.08).

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

On Thursday, April 11th, Raphael Lamm purchased 36,696 shares of L1 Long Short Fund stock. The stock was bought at an average price of A$2.93 ($1.89) per share, with a total value of A$107,629.37 ($69,438.30).
On Monday, March 4th, Raphael Lamm bought 354,000 shares of L1 Long Short Fund stock. The stock was bought at an average cost of A$2.82 ($1.82) per share, with a total value of A$998,634.00 ($644,280.00).
On Friday, February 2nd, Raphael Lamm sold 515,485 shares of L1 Long Short Fund stock. The shares were sold at an average price of A$2.90 ($1.87), for a total transaction of A$1,493,875.53 ($963,790.66).

L1 Long Short Fund Price Performance

L1 Long Short Fund Increases Dividend

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

About L1 Long Short Fund

(Get Free Report)

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.