Michael Heine Sells 1,104,990 Shares of Netwealth Group Limited (ASX:NWL) Stock

Netwealth Group Limited (ASX:NWL) insider Michael Heine sold 1,104,990 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of A$29.00 ($18.83), for a total value of A$32,044,710.00 ($20,808,253.25).

Netwealth Group Price Performance

The company has a current ratio of 5.12, a quick ratio of 6.18 and a debt-to-equity ratio of 10.32.

Netwealth Group Company Profile

Netwealth Group Limited, a financial services company, engages in the wealth management business in Australia. The company operates a platform that offers superannuation, including accumulation and retirement income products; investor directed portfolio services for self-managed superannuation and non-superannuation investments; managed accounts and funds, self-managed superannuation funds administration; and non-custodial administration and reporting services.