Iress Limited (ASX:IRE) Insider Susan Forrester Buys 2,944 Shares

Iress Limited (ASX:IRE) insider Susan Forrester bought 2,944 shares of the business’s stock in a transaction that occurred on Friday, May 16th. The shares were acquired at an average cost of A$8.49 ($5.44) per share, for a total transaction of A$24,994.56 ($16,022.15).

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

• On Tuesday, May 6th, Susan Forrester bought 6,046 shares of Iress stock. The shares were acquired at an average cost of A$8.19 ($5.25) per share, for a total transaction of A$49,516.74 ($31,741.50).
• On Tuesday, February 25th, Susan Forrester bought 2,550 shares of Iress stock. The shares were acquired at an average cost of A$7.82 ($5.01) per share, for a total transaction of A$19,941.00 ($12,782.69).

Iress Stock Performance

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

Iress Cuts Dividend

The firm also recently announced a Final dividend, which was paid on Sunday, March 30th. Investors of record on Sunday, March 30th were paid a dividend of $0.10 per share. This represents a yield of 1.3%. The ex-dividend date of this dividend was Sunday, March 9th. Iress’s payout ratio is currently 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.