Insider Buying: easyJet plc (LON:EZJ) Insider Acquires 29 Shares of Stock

easyJet plc (LON:EZJ - Get Free Report) insider Kenton Jarvis acquired 29 shares of the stock in a transaction dated Friday, January 10th. The shares were bought at an average cost of GBX 508 ($6.22) per share, with a total value of £147.32 ($180.27).

Kenton Jarvis also recently made the following trade(s):

• On Thursday, December 19th, Kenton Jarvis sold 34,540 shares of easyJet stock. The shares were sold at an average price of GBX 568 ($6.95), for a total value of £196,187.20 ($240,072.44).
• On Tuesday, December 10th, Kenton Jarvis purchased 26 shares of easyJet stock. The shares were bought at an average price of GBX 579 ($7.09) per share, with a total value of £150.54 ($184.21).
• On Monday, November 11th, Kenton Jarvis purchased 28 shares of easyJet stock. The shares were bought at an average price of GBX 543 ($6.64) per share, with a total value of £152.04 ($186.05).

easyJet Stock Performance

Shares of easyJet stock traded down GBX 12.67 ($0.16) during trading hours on Monday, hitting GBX 494.20 ($6.05). 3,798,463 shares of the company were exchanged, compared to its average volume of 35,212,000. The business has a 50-day moving average of GBX 549.99 and a 200-day moving average of GBX 503.13. The stock has a market capitalization of £3.72 billion, a price-to-earnings ratio of 1,008.57, a P/E/G ratio of 0.59 and a beta of 2.49. The company has a current ratio of 1.03, a quick ratio of 1.09 and a debt-to-equity ratio of 132.04. easyJet plc has a 1 year low of GBX 404.70 ($4.95) and a 1 year high of GBX 594 ($7.27).

easyJet Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, February 20th will be given a GBX 12.10 ($0.15) dividend. This is a boost from easyJet's previous dividend of $4.50. The ex-dividend date is Thursday, February 20th. This represents a yield of 2.24%. easyJet's dividend payout ratio is presently 1,020.41%.

About easyJet

We are a low-cost European point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares, seamlessly connecting Europe with the warmest welcome in the sky. easyJet is one of the largest airlines in the world, with 343 aircraft, operating 1,045 routes across 35 countries and 158 airports.