Insider Buying: 360 Capital Group (ASX:TGP) Insider Acquires 969,737 Shares of Stock

360 Capital Group Limited (ASX:TGP) insider Tony Pitt bought 969,737 shares of the company’s stock in a transaction on Thursday, November 6th. The stock was bought at an average cost of A$0.31 per share, with a total value of A$300,618.47.

Tony Pitt also recently made the following trade(s):

• On Thursday, October 30th, Tony Pitt acquired 4,496,739 shares of 360 Capital Group stock. The stock was acquired at an average cost of A$0.31 per share, for a total transaction of A$1,393,989.09.
• On Thursday, October 23rd, Tony Pitt acquired 3,078,036 shares of 360 Capital Group stock. The shares were bought at an average cost of A$0.31 per share, for a total transaction of A$954,191.16.
• On Thursday, October 16th, Tony Pitt purchased 7,148,641 shares of 360 Capital Group stock. The shares were acquired at an average cost of A$0.31 per share, for a total transaction of A$2,216,078.71.
• On Friday, October 10th, Tony Pitt purchased 2,614,485 shares of 360 Capital Group stock. The shares were bought at an average cost of A$0.31 per share, for a total transaction of A$810,490.35.
• On Friday, October 3rd, Tony Pitt bought 7,217,730 shares of 360 Capital Group stock. The stock was acquired at an average cost of A$0.31 per share, for a total transaction of A$2,237,496.30.
• On Friday, September 26th, Tony Pitt acquired 22,387,330 shares of 360 Capital Group stock. The stock was purchased at an average cost of A$0.31 per share, with a total value of A$6,940,072.30.
• On Friday, September 19th, Tony Pitt acquired 925,221 shares of 360 Capital Group stock. The shares were bought at an average cost of A$0.31 per share, with a total value of A$286,818.51.

360 Capital Group Price Performance

The company has a market cap of $121.23 million, a P/E ratio of 0.56 and a beta of 0.29. The company has a debt-to-equity ratio of 45.10, a current ratio of 12.94 and a quick ratio of 26.66.

360 Capital Group Increases Dividend

The company also recently announced a Interim dividend, which was paid on Thursday, September 11th. Stockholders of record on Thursday, September 11th were given a $0.40 dividend. This represents a dividend yield of 6,202.0%. This is an increase from 360 Capital Group’s previous Interim dividend of $0.02. The ex-dividend date of this dividend was Wednesday, August 27th. 360 Capital Group’s payout ratio is 133.33%.

360 Capital Group Company Profile

360 Capital Group is an ASX-listed, investment and funds management group, focused on strategic and active investment management of real estate assets. Led by a highly experienced team, the Group operates in Australian and New Zealand investing across real estate equity and credit opportunities.