Owen Wilson Sells 8,000 Shares of REA Group (ASX:REA) Stock

REA Group Limited (ASX:REA) insider Owen Wilson sold 8,000 shares of the company’s stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of A$230.47, for a total value of A$1,843,720.00.

Owen Wilson also recently made the following trade(s):

• On Monday, September 15th, Owen Wilson sold 2,000 shares of REA Group stock. The stock was sold at an average price of A$229.12, for a total value of A$458,232.00.
• On Thursday, September 18th, Owen Wilson sold 3,000 shares of REA Group stock. The stock was sold at an average price of A$231.73, for a total value of A$695,202.00.
• On Monday, August 18th, Owen Wilson sold 2,839 shares of REA Group stock. The stock was sold at an average price of A$260.56, for a total value of A$739,735.52.
• On Monday, August 18th, Owen Wilson purchased 14,998 shares of REA Group stock. The stock was bought at an average cost of A$261.42 per share, with a total value of A$3,920,777.16.
• On Tuesday, August 12th, Owen Wilson sold 7,283 shares of REA Group stock. The stock was sold at an average price of A$248.10, for a total value of A$1,806,883.17.
• On Wednesday, August 13th, Owen Wilson sold 2,717 shares of REA Group stock. The stock was sold at an average price of A$248.24, for a total value of A$674,462.65.
• On Friday, August 15th, Owen Wilson sold 4,998 shares of REA Group stock. The stock was sold at an average price of A$251.15, for a total value of A$1,255,242.70.

REA Group Price Performance

The stock has a market capitalization of $35.68 billion, a P/E ratio of 117.85, a price-to-earnings-growth ratio of 3.14 and a beta of 1.07. The company has a quick ratio of 1.57, a current ratio of 1.53 and a debt-to-equity ratio of 18.28.

REA Group Increases Dividend

The firm also recently announced a Final dividend, which was paid on Thursday, September 11th. Investors of record on Thursday, September 11th were given a dividend of $1.38 per share. The ex-dividend date of this dividend was Wednesday, August 27th. This represents a yield of 56.0%. This is an increase from REA Group’s previous Final dividend of $1.02. REA Group’s dividend payout ratio is currently 89.47%.

About REA Group

REA Group Limited engages in online property advertising business in Australia, India, and internationally. It provides property and property-related services on websites and mobile applications. The company operates residential, commercial, and share property sites, such as realestate.com.au, realcommercial.com.au, smartline.com.au, makaan.com, housing.com, PropTiger.com, realtor.com, Flatmates.com.au, property.com.au, simpology.com.au, campaignagent.com.au, proptrack.com.au, myfun.com, housing.com, propertygurugroup.com, realtor.com, spacely.com.au, rumah123.com, iproperty.com.sg, 99.co, and 1form.com.au.