Insider Buying: L1 Long Short Fund Limited (ASX:LSF) Insider Purchases 16,072 Shares of Stock

Posted by Shane Hupp on Apr 24th, 2024

L1 Long Short Fund Limited (ASX:LSF – Get Free Report) insider Raphael Lamm purchased 16,072 shares of L1 Long Short Fund stock in a transaction on Tuesday, April 23rd. The stock was bought at an average cost of A$2.95 ($1.90) per share, with a total value of A$47,428.47 ($30,599.01).

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

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 ($1.90) per share, with a total value of A$104,163.85 ($67,202.49).
On Tuesday, April 16th, Raphael Lamm acquired 16,545 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$48,543.03 ($31,318.08).
On Thursday, April 11th, Raphael Lamm purchased 36,696 shares of L1 Long Short Fund stock. The stock was acquired 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 purchased 354,000 shares of L1 Long Short Fund stock. The shares were acquired 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 stock was sold at an average price of A$2.90 ($1.87), for a total value of A$1,493,875.53 ($963,790.66).

L1 Long Short Fund Stock Performance

L1 Long Short Fund Increases Dividend

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

L1 Long Short Fund Company Profile

(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.