Insider Buying: Nuix Limited (ASX:NXL) Insider Purchases 12,500 Shares of Stock

Nuix Limited (ASX:NXL) insider Jacqueline Korhonen purchased 12,500 shares of the company’s stock in a transaction that occurred on Monday, March 3rd. The shares were acquired at an average cost of A$3.61 ($2.28) per share, with a total value of A$45,112.50 ($28,552.22).

Nuix Stock Performance

The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 310.21 and a beta of 2.22. The company has a debt-to-equity ratio of 3.41, a current ratio of 1.38 and a quick ratio of 1.44.

About Nuix

Nuix Limited provides investigative analytics and intelligence software solutions in the Asia Pacific, the Americas, Europe, the Middle East, and Africa. The company offers Nuix Neo, a platform for complex data challenges. Its solutions include Nuix Neo Data Privacy solution for managing data privacy; Legal eDiscovery and Early Case Assessment solution to streamline processes to uncover crucial information, spot notable case trends, speed up and enhance the legal decision-making process, and save legal costs; and Fraud and Investigations solution to ingest data from all relevant data sources and apply an array of collaborative fraud techniques to connect the dots between digital evidence and human behaviour.