Insider Buying: Praemium (ASX:PPS) Insider Buys 177,737 Shares of Stock

Praemium Limited (ASX:PPS) insider Anthony Wamsteker bought 177,737 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was bought at an average cost of A$0.77 per share, for a total transaction of A$136,857.49.

Praemium Stock Performance

The company has a current ratio of 2.47, a quick ratio of 1.96 and a debt-to-equity ratio of 1.80. The stock has a market capitalization of $398.89 million, a P/E ratio of 46.42, a P/E/G ratio of 1.00 and a beta of 0.98.

Praemium Company Profile

Praemium Limited, together with its subsidiaries, provides advisors and wealth management solutions by seamless digital platform experience in Australia and internationally. The company offers technology solutions, such as reporting, online business management, digital engagement, tax and corporate actions, and investment governance. It also offers product solutions, which includes private wealth, investments and superannuation, software licensing, and third party administrations. In addition, it provides managed accounts platform that includes virtual managed accounts and virtual managed accounts administration service.