L1 Long Short Fund Limited (ASX:LSF) Insider Raphael Lamm Buys 35,454 Shares of Stock

Posted by James Quigley on Apr 24th, 2024

L1 Long Short Fund Limited (ASX:LSF – Get Free Report) insider Raphael Lamm acquired 35,454 shares of the firm’s stock in a transaction that occurred on Thursday, April 18th. The stock was acquired at an average price of A$2.94 ($1.90) per share, with a total value of A$104,163.85 ($67,202.49).

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

On Tuesday, April 16th, Raphael Lamm acquired 16,545 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$48,543.03 ($31,318.08).
On Thursday, April 11th, Raphael Lamm acquired 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 acquired 354,000 shares of L1 Long Short Fund stock. The stock was acquired at an average price 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 value of A$1,493,875.53 ($963,790.66).

L1 Long Short Fund Stock Performance

L1 Long Short Fund Increases Dividend

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