Iress Limited (ASX:IRE) Insider Susan Forrester Acquires 6,046 Shares

Iress Limited (ASX:IRE) insider Susan Forrester acquired 6,046 shares of the firm’s stock in a transaction on Tuesday, May 6th. The stock was acquired at an average cost of A$8.19 ($5.25) per share, with a total value of A$49,516.74 ($31,741.50).

Susan Forrester also recently made the following trade(s):

• On Tuesday, February 25th, Susan Forrester purchased 2,550 shares of Iress stock. The stock was acquired at an average cost of A$7.82 ($5.01) per share, with a total value of A$19,941.00 ($12,782.69).

Iress Stock Performance

The company has a current ratio of 1.98, a quick ratio of 1.45 and a debt-to-equity ratio of 129.62. The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of 87.09, a PEG ratio of 2.48 and a beta of 1.14.

Iress Cuts Dividend

The business also recently declared a Final dividend, which was paid on Sunday, March 30th. Investors of record on Sunday, March 30th were issued a $0.10 dividend. This represents a dividend yield of 1.3%. The ex-dividend date of this dividend was Sunday, March 9th. Iress’s dividend payout ratio (DPR) is 511.11%.

Iress Company Profile

Iress Limited engages in the designing and developing software and services for the financial services industry in the Asia Pacific, the United Kingdom and Europe, Africa, and North America. It offers client management, business automation, portfolio data, research, financial planning tools, scaled advice journeys, digital client solutions, data-driven compliance and analytics, and regulatory obligations management solutions; and market data, trading interfaces, order and execution management, smart order routing, FIX services, portfolio management, securities lending, analytical tools, algorithmic trading, market making, CFD clearing, post trade solutions, and trading and market data APIs.